“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 Adobe Inc (NASD: ADBE)? Today, we examine the outcome of a decade-long investment into the stock back in 2012.
|Average annual return:||28.55%|
The above analysis shows the decade-long investment result worked out exceptionally well, with an annualized rate of return of 28.55%. This would have turned a $10K investment made 10 years ago into $123,231.24 today (as of 05/19/2022). On a total return basis, that’s a result of 1,132.05% (something to think about: how might ADBE shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
One more piece of investment wisdom to leave you with:
“History provides a crucial insight regarding market crises: they are inevitable, painful and ultimately surmountable.” — Shelby Davis