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“I buy on the assumption that they could close the market the next day and not reopen it for five years.”

— Warren Buffett

The Warren Buffett investment philosophy calls for a long-term investment horizon, where a five year holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into FleetCor Technologies Inc (NYSE: FLT)? Today, we examine the outcome of a five year investment into the stock back in 2016.

Start date: 08/11/2016


End date: 08/10/2021
Start price/share: $164.72
End price/share: $263.61
Starting shares: 60.71
Ending shares: 60.71
Dividends reinvested/share: $0.00
Total return: 60.04%
Average annual return: 9.86%
Starting investment: $10,000.00
Ending investment: $16,002.87

As we can see, the five year investment result worked out well, with an annualized rate of return of 9.86%. This would have turned a $10K investment made 5 years ago into $16,002.87 today (as of 08/10/2021). On a total return basis, that’s a result of 60.04% (something to think about: how might FLT shares perform over the next 5 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]

One more piece of investment wisdom to leave you with:
“The greater the passive income you can build, the freer you will become.” — Todd Fleming