“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 Fiserv Inc (NASD: FISV)? Today, we examine the outcome of a decade-long investment into the stock back in 2010.
|Average annual return:||21.70%|
The above analysis shows the decade-long investment result worked out exceptionally well, with an annualized rate of return of 21.70%. This would have turned a $10K investment made 10 years ago into $71,346.57 today (as of 10/27/2020). On a total return basis, that’s a result of 613.52% (something to think about: how might FISV shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
Here’s one more great investment quote before you go:
“Anyone who is not investing now is missing a tremendous opportunity.” — Carlos Slim