“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 Meta Platforms Inc (NASD: META)? Today, we examine the outcome of a decade-long investment into the stock back in 2013.
|Average annual return:||27.77%|
The above analysis shows the decade-long investment result worked out exceptionally well, with an annualized rate of return of 27.77%. This would have turned a $10K investment made 10 years ago into $115,877.03 today (as of 07/14/2023). On a total return basis, that’s a result of 1,058.99% (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.]
Another great investment quote to think about:
“Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.” — Peter Lynch