1 Unstoppable Tech ETF That Could Turn $500 Per Month Into $1 Million Within 30 Years
Last week, the Nasdaq-100 technology index officially entered correction territory after declining by more than 14% from its recent record high. The index hosts some of the world's largest technology stocks, particularly those at the forefront of the artificial intelligence (AI) revolution. At least some of these tech stocks will recover from this drop.Rather than trying to pick the winners and losers during this recovery, investors might want to consider buying a tech-focused exchange-traded fund (ETF) instead. The iShares Expanded Tech Sector ETF (NYSEMKT: IGM) holds 285 stocks, including some of the biggest names in the AI race, so it can offer broad, diversified exposure to this emerging industry. In fact, based on its track record and its future potential, here's how the iShares ETF could turn an investment of $500 per month into $1 million over the long term.Continue reading
Last week, the Nasdaq-100 technology index officially entered correction territory after declining by more than 14% from its recent record high. The index hosts some of the world's largest technology stocks, particularly those at the forefront of the artificial intelligence (AI) revolution. At least some of these tech stocks will recover from this drop.
Rather than trying to pick the winners and losers during this recovery, investors might want to consider buying a tech-focused exchange-traded fund (ETF) instead. The iShares Expanded Tech Sector ETF (NYSEMKT: IGM) holds 285 stocks, including some of the biggest names in the AI race, so it can offer broad, diversified exposure to this emerging industry.
In fact, based on its track record and its future potential, here's how the iShares ETF could turn an investment of $500 per month into $1 million over the long term.
