“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 Advanced Micro Devices Inc (NASD: AMD)? Today, we examine the outcome of a ten year investment into the stock back in 2012.
|Average annual return:||31.16%|
As we can see, the ten year investment result worked out exceptionally well, with an annualized rate of return of 31.16%. This would have turned a $10K investment made 10 years ago into $150,553.67 today (as of 06/15/2022). On a total return basis, that’s a result of 1,405.90% (something to think about: how might AMD shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
One more investment quote to leave you with:
“Price is what you pay. Value is what you get.” — Warren Buffett