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“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

— Warren Buffett

The above quote from Warren Buffett is timeless, and brings into focus the choice about time horizon that any investor should think about before buying a stock they are considering. Behind every stock is an actual business; what will that business look like over a decade-long period?

Today, let’s look backwards in time to 2013, and take a look at what happened to investors who asked that very question about Meta Platforms Inc (NASD: META), by taking a look at the investment outcome over a decade-long holding period.

Start date: 03/18/2013


End date: 03/16/2023
Start price/share: $26.49
End price/share: $204.93
Starting shares: 377.50
Ending shares: 377.50
Dividends reinvested/share: $0.00
Total return: 673.61%
Average annual return: 22.70%
Starting investment: $10,000.00
Ending investment: $77,347.38

As we can see, the decade-long investment result worked out exceptionally well, with an annualized rate of return of 22.70%. This would have turned a $10K investment made 10 years ago into $77,347.38 today (as of 03/16/2023). On a total return basis, that’s a result of 673.61% (something to think about: how might META 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:
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” — Phillip Fisher