"Whether you're just jumping into the world of trading or nearing retirement, investing in ETFs can help you easily build a reliable portfolio with 6 magical letters: QQQ and VTI. ETFs stand out for instant diversification. These professionally-managed funds can invest in hundreds or even thousands of stocks. And they are also known for low costs and tax efficiency. But with thousands of ETFs out there, where do you start?"
"The Invesco QQQ Trust ETF tracks the tech-heavy Nasdaq-100, which gives you exposure to the 100 largest non-financial companies in the U.S. And with 60.84% of its holdings anchored in the tech sector, the QQQ will give you access to Magnificent Seven giants like Nvidia ( NASDAQ:NVDA), Apple ( NASDAQ:AAPL), Microsoft ( NASDAQ:MSFT) and Amazon ( NASDAQ:AMZN) QQQ has $385.76 billion in net assets. And it boasts an impressive year-to-date daily total return of 18.20%."
Exchange-traded funds provide instant diversification, professional management, low costs, and tax efficiency by holding hundreds or thousands of stocks. The Invesco QQQ Trust tracks the Nasdaq-100, concentrates over 60% in technology, and includes large-cap tech leaders such as Nvidia, Apple, Microsoft, and Amazon. QQQ has $385.76 billion in assets, a 0.20% expense ratio, and a year-to-date daily total return of 18.20%, favoring growth investors with moderate risk tolerance due to tech concentration. The Vanguard Total Stock Market ETF tracks the CRSP US Total Market Index and offers exposure to over 3,500 U.S. companies across all market caps and sectors, including financial giants like JPMorgan Chase.
Read at 24/7 Wall St.
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