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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 Boston Scientific Corp. (NYSE: BSX)? Today, we examine the outcome of a five year investment into the stock back in 2018.

Start date: 05/23/2018
$10,000

05/23/2018
  $17,623

05/22/2023
End date: 05/22/2023
Start price/share: $30.46
End price/share: $53.68
Starting shares: 328.30
Ending shares: 328.30
Dividends reinvested/share: $0.00
Total return: 76.23%
Average annual return: 12.00%
Starting investment: $10,000.00
Ending investment: $17,623.42

As we can see, the five year investment result worked out quite well, with an annualized rate of return of 12.00%. This would have turned a $10K investment made 5 years ago into $17,623.42 today (as of 05/22/2023). On a total return basis, that’s a result of 76.23% (something to think about: how might BSX 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:
“Cash combined with courage in a time of crisis is priceless.” — Warren Buffett