“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”
— Warren Buffett
One of the most important things investors can learn from Warren Buffett, is about how they approach their time horizon for an investment into a stock under consideration. Because immediately after buying shares of a given stock, investors will then be able to check on the day-to-day (and even minute-by-minute) market value. Some days the stock market will be up, other days down. These daily fluctuations can often distract from the long-term view. Today, we look at the result of a ten year holding period for an investor who was considering MetLife Inc (NYSE: MET) back in 2015, bought the stock, ignored the market’s ups and downs, and simply held through to today.
| Start date: | 11/04/2015 |
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| End date: | 11/03/2025 | ||||
| Start price/share: | $45.00 | ||||
| End price/share: | $79.21 | ||||
| Starting shares: | 222.22 | ||||
| Ending shares: | 312.06 | ||||
| Dividends reinvested/share: | $18.20 | ||||
| Total return: | 147.19% | ||||
| Average annual return: | 9.47% | ||||
| Starting investment: | $10,000.00 | ||||
| Ending investment: | $24,726.72 | ||||
As we can see, the ten year investment result worked out well, with an annualized rate of return of 9.47%. This would have turned a $10K investment made 10 years ago into $24,726.72 today (as of 11/03/2025). On a total return basis, that’s a result of 147.19% (something to think about: how might MET shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
Notice that MetLife Inc paid investors a total of $18.20/share in dividends over the 10 holding period, marking a second component of the total return beyond share price change alone. Much like watering a tree, reinvesting dividends can help an investment to grow over time — for the above calculations we assume dividend reinvestment (and for this exercise the closing price on ex-date is used for the reinvestment of a given dividend).
Based upon the most recent annualized dividend rate of 2.27/share, we calculate that MET has a current yield of approximately 2.87%. Another interesting datapoint we can examine is ‘yield on cost’ — in other words, we can express the current annualized dividend of 2.27 against the original $45.00/share purchase price. This works out to a yield on cost of 6.38%.
Another great investment quote to think about:
“A lot of people with high IQs are terrible investors because they’ve got terrible temperaments. You need to keep raw, irrational emotion under control.” — Charlie Munger
