The Smartest Technology ETF to Buy With $100 Right Now
The S&P 500 (SNPINDEX: ^GSPC) is the most closely watched barometer of how the overall stock market is performing. There's good reason for this, as the benchmark contains the 500 largest U.S. businesses. Its performance has been impressive, with a total return of 237% in the past decade.But investors can do better. There's one booming investment vehicle that has significantly outperformed the S&P 500 in the trailing-10-year period. Here's why it's the smartest technology-focused exchange-traded fund (ETF) to buy with $100 right now.The Invesco QQQ Trust (NASDAQ: QQQ) deserves a much closer look. It contains the 100 biggest nonfinancial companies that trade on the Nasdaq stock exchange. As of Feb. 26, this ETF had $324 billion in assets.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) is the most closely watched barometer of how the overall stock market is performing. There's good reason for this, as the benchmark contains the 500 largest U.S. businesses. Its performance has been impressive, with a total return of 237% in the past decade.
But investors can do better. There's one booming investment vehicle that has significantly outperformed the S&P 500 in the trailing-10-year period. Here's why it's the smartest technology-focused exchange-traded fund (ETF) to buy with $100 right now.
The Invesco QQQ Trust (NASDAQ: QQQ) deserves a much closer look. It contains the 100 biggest nonfinancial companies that trade on the Nasdaq stock exchange. As of Feb. 26, this ETF had $324 billion in assets.
