Investing in the stock market works best when people adopt a truly long-term mindset. With a time horizon measured in decades, as opposed to days or months, investors can take advantage of the magic of compounding.

Historically, the S&P 500 has produced an average annual return of about 10%, including dividends. But there are some businesses that have absolutely crushed that gain.

In fact, $1,000 invested in one top retail stock at its initial public offering (IPO) in September 1981 would be worth nearly $32 million today. Let's learn more about this company's rise, as well as if the shares make for a smart purchase today.

Continue reading

Source Fool.com