A $100 Monthly Investment in QQQ Could Grow Into This Over 20 Years
Past returns aren't guaranteed to repeat, but investors could still see huge upside.
Overview
Because it's the most closely watched benchmark for measuring the stock market's performance, the S&P 500 index gets a lot of attention from the investment community. To get a pulse on the performance of the American economy, it makes sense to look at these 500 or so large and profitable companies.
But investors should learn about other stock market indexes, such as the Nasdaq-100, which tracks the performance of the 100 largest non-financial stocks traded on Nasdaq. The exchange-traded fund (ETF) to watch is the Invesco QQQ Trust (NASDAQ: QQQ).
Details
This has been nothing short of a spectacular investment vehicle to have owned in your portfolio. And investors who allocate just $100 per month to the QQQ could see their wealth grow into this huge amount in 20 years.
Source
Originally published at www.fool.com.