If you invested $ 1,000 to buy Tesla shares 10 years ago, you do not know how much you make now?

byPayPast Inc, Crop -6:50 AM 0

In the case of Tesla, some of you may be familiar with the famous electric car manufacturer of the United States, founded by billionaire Elon Musk. In fact, Tesla has been around for a long time, and it's just beginning to boom during the 2020s, with its stakes skyrocketing.

Tesla's current stock price is $ 699.60 per share. What if you invested $ 1,000 to buy Tesla shares 10 years ago, but now you know how much profit you make?

As of March 8, 2011, Tesla's stock on the stock exchange was worth just $ 4.92. A decade later, as of March 7, Tesla's stock had risen to $ 563 a share.

So if you invested $ 1,000 to buy Tesla shares on March 7, 2011 (10 years ago), you now have an investment return of $ 118,829.66 with an annual return of 61.26. % There.

Investing in the stock market requires patience, which is a long-term investment that pays off. In fact, the king of investing in the 21st century, Warren Buffett, has a long-term investment strategy, keeping stocks in the market without worrying about day-to-day trading. Worth billions of dollars.

Live Stock

Speaking of this investment, next Monday I will release a video under the topic "How to invest in the Khmer stock market" in the Money Talk on the Facebook page of Business Cambodia. So, if you are interested in investing in the Cambodian stock market, please stay tuned.

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