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“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

— Warren Buffett

The Warren Buffett investment philosophy calls for a long-term investment horizon, where a decade-long holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into United Continental Holdings Inc (NASD: UAL)? Today, we examine the outcome of a decade-long investment into the stock back in 2009.

Start date: 06/29/2009


End date: 06/27/2019
Start price/share: $3.47
End price/share: $86.43
Starting shares: 2,881.84
Ending shares: 2,881.84
Dividends reinvested/share: $0.00
Total return: 2,390.78%
Average annual return: 37.92%
Starting investment: $10,000.00
Ending investment: $249,041.94

As shown above, the decade-long investment result worked out exceptionally well, with an annualized rate of return of 37.92%. This would have turned a $10K investment made 10 years ago into $249,041.94 today (as of 06/27/2019). On a total return basis, that’s a result of 2,390.78% (something to think about: how might UAL shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]

One more investment quote to leave you with:
“Only when the tide goes out do you discover who’s been swimming naked.” — Warren Buffett