Here's How Much $1000 Invested In Public Storage 20 Years Ago Would Be Worth Today

Public Storage (NYSE:PSA) has outperformed the market over the past 20 years by 1.36% on an annualized basis producing an average annual return of 9.98%. Currently, Public Storage has a market capitalization of $60.56 billion.

Buying $1000 In PSA: If an investor had bought $1000 of PSA stock 20 years ago, it would be worth $6,711.58 today based on a price of $346.00 for PSA at the time of writing.

Public Storage's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.