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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 Boston Scientific Corp. (NYSE: BSX)? Today, we examine the outcome of a decade-long investment into the stock back in 2010.

Start date: 09/10/2010


End date: 09/09/2020
Start price/share: $5.33
End price/share: $41.53
Starting shares: 1,876.17
Ending shares: 1,876.17
Dividends reinvested/share: $0.00
Total return: 679.17%
Average annual return: 22.78%
Starting investment: $10,000.00
Ending investment: $77,940.76

As we can see, the decade-long investment result worked out exceptionally well, with an annualized rate of return of 22.78%. This would have turned a $10K investment made 10 years ago into $77,940.76 today (as of 09/09/2020). On a total return basis, that’s a result of 679.17% (something to think about: how might BSX shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]

More investment wisdom to ponder:
“Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.” — Warren Buffett