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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 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 Edwards Lifesciences Corp (NYSE: EW)? Today, we examine the outcome of a ten year investment into the stock back in 2013.

Start date: 10/07/2013


End date: 10/04/2023
Start price/share: $12.10
End price/share: $71.27
Starting shares: 826.45
Ending shares: 826.45
Dividends reinvested/share: $0.00
Total return: 489.01%
Average annual return: 19.41%
Starting investment: $10,000.00
Ending investment: $58,910.93

As we can see, the ten year investment result worked out exceptionally well, with an annualized rate of return of 19.41%. This would have turned a $10K investment made 10 years ago into $58,910.93 today (as of 10/04/2023). On a total return basis, that’s a result of 489.01% (something to think about: how might EW 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:
“Investors should purchase stocks like they purchase groceries, not like they purchase perfume.” — Benjamin Graham