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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 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 Boston Scientific Corp. (NYSE: BSX)? Today, we examine the outcome of a decade-long investment into the stock back in 2013.

Start date: 07/15/2013


End date: 07/13/2023
Start price/share: $9.57
End price/share: $52.79
Starting shares: 1,044.93
Ending shares: 1,044.93
Dividends reinvested/share: $0.00
Total return: 451.62%
Average annual return: 18.62%
Starting investment: $10,000.00
Ending investment: $55,154.28

As shown above, the decade-long investment result worked out exceptionally well, with an annualized rate of return of 18.62%. This would have turned a $10K investment made 10 years ago into $55,154.28 today (as of 07/13/2023). On a total return basis, that’s a result of 451.62% (something to think about: how might BSX shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]

More investment wisdom to ponder:
“Price is what you pay. Value is what you get.” — Warren Buffett