I recently read an article written by Motley Fool that mentioned that a $10,000.00 investment in Starbucks (SBUX) when it went public in 1992 is currently worth about $2.8 million dollars as of May of 2010. That is an impressive return of 28,000.00% over 28 years or 1,000.00% per year. The article had such an impact on me that I decided to research how realistic this scenario could be.
Based on inflation $10,000.00 in 1992 is equivalent to $18,772.00 in 2020.
Recent Comments