No. of Recommendations: 15
Yeah, depends on when you bought, of course.
Looking back at my buy/sell spreadsheet (yes, I have a spreadsheet...), my worst lot has a CAGR of 8.9%, which is my very first purchase, 1/5/1999. That's funny. And what's even more funny is those shares are beating the S&P500.
https://stockcharts.com/freecharts/perf.php?SPY,BR...Best lot is 19.8% CAGR bought 3/23/2020. Those are not beating the S&P500, which surprised me.
https://stockcharts.com/freecharts/perf.php?SPY,BR...Generally, the lots are 10-14% CAGR, over a decade or two. A fellow can do quite well just buying and hanging on.
Buying when it's quite cheap and hanging on is the sweet spot.
It's possible I would have done better buying the S&P500 at the right times and holding on. Too much work to try to figure that out, and pointless.
I'm happy with my result.
