The 12-month gain for TSLA, from 12/4/20 to 12/4/21 is up 82.78%. I bought my shares in 2019 and over the last 12 months the gains in TSLA are over 12X my cost basis. And I went in pretty big in 2019 so I'm super happy with the gains in the last year. When you get in earlier, at lower price, an 83% gain on the appreciated value of your shares looks a lot more impressive. The S&P has performed excellent as well, up 24.83% over the previous one-year period. When you compound your investments at around 25% annually, the results become staggering in just a couple of decades.
For example, starting with only $10,000, if you average 25% per year for two decades, and you fail to add any as you go along, you end up with $867,362! That means over the same period $100,000 would grow to $8.674 million! And that's with only 25% annually. I expect TSLA to appreciate much faster than that. Indeed, 83% in one year is awesome! Dare I say some of us may have become spoiled? Here's why:
If you could get 87% returns every year, that same $10,000 would turn into $2.734 billion dollars in only 20 years.
In investing, like many endeavors in life, the tortoise often beats the hare. Time is the magic ingredient. Yes, I know you were being sarcastic, I just wanted to put some numbers to it!