This 1 ETF Turned $10,000 Into $97,000 Over the Past Decade -- and It's Still Quietly Outperforming
ETFs require next to no effort on your part, yet they can build life-changing wealth.
Overview
Investing in the stock market is one of the most effortless ways to build wealth, but the right investment is key. Exchange-traded funds (ETFs) are passive investments that perform best over time, helping generate substantial returns with minimal effort.
Tech stocks have been particularly lucrative over the past few years, and tech-focused ETFs are reaping the rewards. In fact, the iShares U.S. Technology ETF (NYSEMKT: IYW) has earned total returns of 865% over the past decade, as of this writing. But is it still a smart buy?
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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.