If You'd Invested $1,000 in VGT 10 Years Ago, Here's How Much You'd Have Today
Tech stocks delivered huge returns over the past decade, but there's a catch.
Overview
Ten years ago, the idea of investing $1,000 in a technology ETF might not have seemed likely to make a huge difference in your portfolio.
But that decade would start with interest rates near all-time lows, be followed by a multitrillion-dollar stimulus package during the COVID pandemic, and end with the artificial intelligence (AI) boom, the greatest technological innovation since the internet.
Details
Clearly, it would have been a great time to invest in tech stocks.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.