Charles Schwab (NYSE:SCHW) has outperformed the market over the past 20 years by 2.78% on an annualized basis.
Buying $1,000 In SCHW: 20 years ago, an investor could have purchased 72.41 shares of Charles Schwab at the time with $1,000. This investment in SCHW would have produced an average annual return of 9.41%. Currently, Charles Schwab has a market capitalization of $157.88 billion.
Charles Schwab's Share Price Over Last 20 Years
This $1,000 investment would be worth $6,038.38 today based on a price of $83.36 for SCHW at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.