$100 Invested In This Stock 20 Years Ago Would Be Worth $700 Today
Portfolio Pulse from Benzinga Insights
Charles Schwab (NYSE:SCHW) has outperformed the market over the past 20 years with an average annual return of 9.91%, resulting in a $100 investment growing to $684.28. The article highlights the power of compounded returns over time.
August 28, 2024 | 9:30 pm
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Charles Schwab has shown strong performance over the past 20 years, with an average annual return of 9.91%. A $100 investment 20 years ago would be worth $684.28 today, highlighting the benefits of long-term investing and compounded returns.
The article emphasizes Charles Schwab's strong historical performance, which is likely to positively influence investor sentiment and potentially boost the stock price in the short term. The focus on compounded returns may attract long-term investors.
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