If You Invested $25,000 in Warren Buffett's 5 Top Stocks 5 Years Ago, Here's How Much You Would Have Now
Ever wonder what would happen if you put your money behind Warren Buffett's very favorite stocks? Even if you don't have billions of dollars to invest, you could follow the billionaire investor's moves and adjust the amount of money you put into each company to match your budget.
Today, just five stocks make up almost three-fourths of the value of Buffett's portfolio. Let's imagine that five years ago you invested $25,000 in these particular stocks. In our experiment, you bought $5,000 each of American Express (NYSE: AXP), Apple (NASDAQ: AAPL), Bank of America (NYSE: BAC), Chevron (NYSE: CVX), and Coca-Cola (NYSE: KO). Let's find out how much you would have now.
First, before revealing those numbers, I just want to note how important it is to invest for the long term. This is a key part of Buffett's investment strategy. And this generally means a minimum of five years. So, as we look at the performance of your Buffett portfolio over five years, we should remember that this could be just the beginning. If we hold on longer, we may stand to gain more.
Source Fool.com