The ‘Best Balance Sheets’ Portfolio: T. Rowe Price Group

As a millennial saving for retirement, my goal is to outperform the market by building a portfolio that loses less in crashes, gains nearly as much during bull markets, and produces an income stream with a significantly higher yield and faster growth rate than the S&P 500.

In order to succeed, I want to make sure I only own companies with excellent management whose balance sheets and income statements reflect my beliefs about their future prospects. I plan to hold and add to each position for ten years or more, so knowing my companies’ financial histories helps me resist the urge to sell during rocky times and, most importantly, sleep well at night!

In this series of articles I’m going to examine companies with consistent fiscal discipline, strong competitive advantages, and quality management for possible inclusion in my Best Balance Sheets Portfolio. I want to focus on the strongest stocks in each sector that I believe can comfortably grow their revenue and EPS for the next 10-20 years. I’ll also discuss my portfolio composition and investing strategy along the way.