The Power of Long-Term Investing: How Early Stakes in McDonald's, Amazon, and Shopify Could Have Multiplied Your Money
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An investment of $10,000 in McDonald's stock 20 years ago would be worth about $195,000 today, showing the power of long-term investing.
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McDonald's has a long track record of growth and resilience, and still has room to expand its 40,000+ locations worldwide.
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Shopify is growing revenue by 30%+ annually as its ecommerce platform attracts more merchant customers.
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Amazon has massive revenue from diverse business units including ecommerce, web services, and advertising.
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Lawsuits and regulations are risks for Amazon, but its strong business should power growth for decades.