Shares & Derivatives
If You Invested in Netflix in 2013, This is How Much You Would Have Today
By The Smart Investor  •  February 23, 2023
It may surprise you that every dollar you invest in a superb growth stock can end up generating great wealth. A strong business can continue growing both its top and bottom lines over the years. And with growing profits, investors are also willing to pay a higher share price for the business. It’s an interesting exercise to look back 10 or more years ago to see how much a dollar could have multiplied had you stayed invested in the same stock. We performed this exercise with United Overseas Bank Ltd (SGX: U11), or UOB, late last year and also with Singapore Technologies Engineering Ltd (SGX: S63), or STE, in the middle of last year. UOB provided a 10-year compound annual growth rate (CAGR) of 7.9% while STE yielded a 12-year CAGR of 4.9%. Let us now look at Netflix (NASDAQ: NFLX) to figure out how much you would have today if you had invested in the streaming TV giant back in 2013....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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