- Joined
- Jan 5, 2015
- Messages
- 84,276
- Reaction score
- 10,137
1-Year performance 17%
3-Year performance 8.5%
5-Year performance 11.76%
From $32.59 to now $54.92
Once it hits $65, it would have doubled. Doubling before 7 years would be awesome.
Building wealth through investing comes from the power of compounding capital over time. Many people don’t get excited about a 10% annualized return, but that 10% doubles every seven years. That means an investment portfolio that generates a 10% annualized return will be worth eight times more in 21 years.
In other words, $100k investment would yield $800k returns in 21 years.
In 2009 Sept 1, it was $24.76.
It doubled in it's 8th year, 2017.
3-Year performance 8.5%
5-Year performance 11.76%
From $32.59 to now $54.92
Once it hits $65, it would have doubled. Doubling before 7 years would be awesome.
Building wealth through investing comes from the power of compounding capital over time. Many people don’t get excited about a 10% annualized return, but that 10% doubles every seven years. That means an investment portfolio that generates a 10% annualized return will be worth eight times more in 21 years.
In other words, $100k investment would yield $800k returns in 21 years.
In 2009 Sept 1, it was $24.76.
It doubled in it's 8th year, 2017.
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