“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 ten year holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into Akamai Technologies Inc (NASD: AKAM)? Today, we examine the outcome of a ten year investment into the stock back in 2010.
|Average annual return:||7.35%|
The above analysis shows the ten year investment result worked out well, with an annualized rate of return of 7.35%. This would have turned a $10K investment made 10 years ago into $20,324.53 today (as of 11/19/2020). On a total return basis, that’s a result of 103.20% (something to think about: how might AKAM 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:
“The right time for a company to finance its growth is not when it needs capital, but rather when the market is most receptive to providing capital.” — Michael Milken