"Getting portfolio exposure to these technology titans is easy with the Invesco QQQ Trust ( NASDAQ:QQQ). You can be like Buffett and build a better retirement plan with the QQQ ETF as it tracks the NASDAQ 100 and diversifies across 102 stocks. Granted, this fund only offers a 0.46% annual dividend yield, which is nothing to write home about. On the other hand, that dividend yield should cover the Invesco QQQ Trust's extremely low expense ratio (i.e., annualized management fees) of 0.18%."
"You probably don't think of Buffett as a technology fanatic. Yet, it might surprise you to learn that Berkshire Hathaway's holdings included some well-known tech stocks during Buffett's tenure as CEO. Today, Berkshire Hathaway's portfolio continues to hold some stocks in the technology-heavy NASDAQ 100 stock index. Examples of NASDAQ 100 stocks representing successful mega-cap businesses are Alphabet ( NASDAQ:GOOGL), Apple ( NASDAQ:AAPL), and Amazon ( NASDAQ:AMZN)."
Warren Buffett retired not long ago but his influence endures. Buffett's investment principles can be applied by current or soon-to-be retirees to build long-term portfolios using ETFs. Buffett-style ETF selection favors funds suitable for multi-year holding, offering reliable growth, reasonable value, broad diversification, and potential dividend income. The Invesco QQQ Trust provides NASDAQ 100 exposure to mega-cap technology companies such as Alphabet, Apple, and Amazon and diversifies across 102 stocks. QQQ's dividend yield is about 0.46% while its expense ratio is 0.18%. Large technology firms often possess competitive 'moats,' and QQQ can add a tech-forward edge to a retirement portfolio.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]