In 1989, my cousin bought 3 shares of COST stock at around $150 each, fast forward 35 years later, the value is over 11k.”
Quote Originally Posted by The Boz View Post
Not sure of the exact date but that same $450 invested in an S&P 500 fund reinvesting all dividends would be worth around $26,000 now. Not busting on his investment but once again proving how hard it is to beat the market individually.
You made a good point here as I just realized my story and numbers are old, by a few years. I am sure her stock has done better and the numbers are higher, I should ask her for an update. Good catch, my bad.

According to Fidelity right now, COST's long term stock projections look good-



https://digital.fidelity.com/prgw/di...ry?symbol=COST