Feel like crying over missed opportunities? Check out the
following returns for some stocks over the past two
decades:
Company
Average annual return
Best Buy (NYSE: BBY)
27%
PotashCorp (NYSE: POT)
25%*
Amgen (Nasdaq: AMGN)
23%
Applied Materials (Nasdaq: AMAT)
19%
Nike (NYSE: NKE)
17%
Colgate-Palmolive (NYSE: CL)
16%
Coca-Cola (NYSE: KO)
11%
S&P 500
5%
Source: Yahoo! Finance.
*Over the past 19 years.
A $5,000 investment in Nike 20 years ago would be worth
more than $100,000 today. The same investment in Best Buy
would be more than $600,000! Truly,
one stock can change everything.
So, why didn't you buy them 20 years ago? Why aren't these
amazing returns yours? Why isn't your portfolio home to a few
millionaire-maker stocks?
What stopped you?
There are lots of reasons you might not have
bought these companies 20 years ago. Maybe you weren't yet
awake to the promise of the stock market. (I know I wasn't.)
Maybe you didn't have money to invest, even if you wanted to.
But even if you wanted to invest and had the means to do so,
you probably
stilldidn't buy these companies for your portfolio.
Why? Continued... |