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Consider investing in the Invesco QQQ ETF (NASDAQ: QQQ) if you are interested in the technology sector for a long-term hold. Technology companies have become some of the largest in the world, continuously shaping our everyday lives.
Tracking the Nasdaq-100 index, the Invesco QQQ ETF comprises the 100 largest stocks trading on the Nasdaq Stock Exchange, with approximately 60% of its holdings in the technology sector as of September 2024. Top holdings include Apple (9.5%), Nvidia (8.8%), Microsoft (8.1%), Amazon (6%), and Alphabet (5.6%), with Costco Wholesale being the largest non-tech holding at 2.6% as of January 2.
Despite managed funds struggling to outperform the S&P 500, the Invesco QQQ ETF has excelled. It surpassed the S&P 500 in 2024 with a 25.6% return and has yielded an impressive 435.9% cumulative return over the past decade as of the end of 2024. With an expense ratio of 0.2%, a $500 investment in the ETF a decade ago would be valued at nearly $2,700 today.
To maximize your investments, consider implementing a dollar-cost averaging strategy by consistently investing in funds like the Vanguard S&P 500 ETF and the Invesco QQQ ETF. This method involves regular investments regardless of market fluctuations, enabling gradual wealth accumulation over time.
Don’t miss out on potential opportunities for lucrative investments. Our analysts occasionally provide “Double Down” stock recommendations for companies poised for growth. Past recommendations have yielded substantial returns, such as $374,613 for Nvidia, $46,088 for Apple, and $475,143 for Netflix from earlier calls.
For more information on these current “Double Down” opportunities, visit our website.
Disclosure: Suzanne Frey and John Mackey are members of The Motley Fool’s board of directors. Geoffrey Seiler holds positions in Alphabet, Invesco QQQ Trust, and Vanguard S&P 500 ETF. The Motley Fool has positions in and recommends various companies mentioned in this article.
Disclosure Policy
A disclosure policy is a set of guidelines and procedures that ensure transparency and openness in communication. It is a crucial tool for maintaining trust and integrity in various fields, including business, journalism, and research.
In journalism, a disclosure policy requires reporters and journalists to reveal any potential conflicts of interest that may influence their reporting. This includes financial relationships, personal connections, or any other factors that could affect their objectivity. By disclosing these potential biases, journalists can uphold ethical standards and provide accurate and unbiased information to their audience.
Similarly, in business, a disclosure policy is essential for promoting trust and accountability among stakeholders. Companies are required to disclose relevant information about their financial performance, operations, and potential risks to investors, employees, and the public. This transparency helps stakeholders make informed decisions and holds businesses accountable for their actions.
In research, a disclosure policy is crucial for maintaining the integrity and credibility of academic work. Researchers are expected to disclose any conflicts of interest, funding sources, or other factors that could potentially bias their findings. This transparency ensures that research results are reliable and can be trusted by the academic community and the public.
Overall, a disclosure policy plays a vital role in promoting transparency, accountability, and trust in various fields. By openly disclosing potential conflicts of interest and biases, individuals and organizations can maintain integrity and credibility in their communication and decision-making processes.
