The R.I.P. Portfolio's Q2 2019 Update

Jul. 03, 2019 11:36 AM ETAAPL10 Comments
WG Investment Research profile picture
WG Investment Research


  • This real-money portfolio was first introduced to the Seeking Alpha community in December 2015.
  • The portfolio outperformed its benchmark in Q2 2019 but is still lagging the S&P 500's performance since inception. However, the R.I.P. portfolio is properly positioned for the future.
  • The financial holdings have been a drag to the portfolio's YTD performance but, looking out, the large financial institutions are well-positioned for the next few years.
  • This idea was discussed in more depth with members of my private investing community, Going Long With W.G.. Start your free trial today »

The Retire In Peace portfolio, or R.I.P. portfolio, was first introduced to the Seeking Alpha community in December 2015 and I have published quarterly articles that captured the activity and performance of the portfolio since that point in time. The companies that I write about on SA are largely the holdings of the R.I.P. portfolio, so the main purpose for the quarterly articles is to allow for my SA followers to track the performance of the stocks that I write about on this platform.

See the article linked above for additional detail on what I would like to accomplish with these quarterly updates.

Additionally, the portfolio goals and my long-term strategy are identified in the sections below.

Quarterly Market Update

The first six months of 2019 turned out to be the best start for the S&P 500 since 1997, with the Information Technology sector leading the charge.

Source: Fidelity

This impressive stock performance was after the broader market posted the worst yearly results in the last decade in 2018. The supercharged performance for the broader market over the last six months are largely, in my opinion, a result of improving investor sentiment, strong(ish) labor numbers, and newfound expectations for interest rates to remain lower for longer (or even go lower).

Simply put, the bull market seems to be getting long in the tooth.

Source: CNBC

I believe that there are real concerns that investors need to consider in today's environment, even with a "promising" backdrop. To start, the China-US trade relationship appears to be on better footing now but, as you can expect, things can change quickly. The President of the U.S. tends to change the narrative on almost a weekly (if not daily) basis so stay tuned because a long drawn out trade war will definitely have a material impact on the stock market.

If you enjoyed our stock coverage, please consider joining the "Going Long With W.G." marketplace service. We cover at least one new small-cap company each month and we regularly update our thoughts on past recommendations. Additionally, subscribers have access to a Live Chat feature that allows for one-on-one and/or group conversations. *Start your free trial today*

This article was written by

WG Investment Research profile picture
Our President and CIO is a CPA with experience in public accounting and the financial services industry. He earned his Master of Accountancy degree in 2008 and his B.S. in Business Management in 2007. He is also a Level III CFA candidate. He has been intrigued by the market from the start. Over the years, he has learned that long-term investing is a discipline that, if followed, will help contribute to building lasting wealth. As such, most of our articles will be about the investments that we plan to hold for at least 3 to 5 years, as long as the company's story does not change. As a Seeking Alpha contributor, our main goal is to write about the companies that are key to our portfolio with the hope of promoting discussion (for or against the investment) from others within the SA community.Please visit our website for more information about W.G. Investment Research LLC.

Disclosure: I am/we are long GE, WAB, BHGE, HON, UTX, BRK.B, T, VZ, FKINX, DGRW, DGRO, FREL, DIS, BAC, C, KEY, FITB, DD, DOW, CTVA, SYF, TGT, KR, SBUX, JNJ, AMGN, PFE, MRK, CRL, CAH, MET, PRU, PFG, BHF, XIN, TSLA, UBER, MTZ. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (10)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.