#nasdaq-100

#nasdaq-100

With all the chatter and commentary about the internet (or dot-com) bubble burst and even the great stock market crash of 1929, it's quite an unsettling time to be an investor in the markets, as the S&P nears new highs after a 2.3% gain for the month of October. For the tech-heavy Nasdaq 100, it was an even brighter month, with the index nearly rising 5% in a month.

We've likely all heard about the Dogs of the Dow strategy by now, which entails buying up the highest-yielding, often worst-performing stocks within the Dow Jones Industrial Average at the start of the new year. And while the approach might not help investors gain a market-beating leg up, I do think that some variant of the approach can be applied to other indices.

ProShares UltraPro QQQ ( NASDAQ:TQQQ) is proof positive that you don't need sophisticated trading know-how to get leverage in the financial markets. Instead of delving into NASDAQ 100 futures contracts or individual stock picking, you can simply use ProShares UltraPro QQQ to get magnified exposure to the biggest names in American technology. While there are other triple-leveraged funds available on the market today, ProShares claims that its ProShares UltraPro QQQ is the "only ETF that targets 3x the daily returns of the Nasdaq-100 Index."