2024-06-20 09:30:00 ET
Picking individual stocks to add to your portfolio can sometimes be overwhelming, especially when there are thousands to pick from in the market. Even when you've settled on a specific sector or industry, picking stocks within those can be tedious.
Thankfully, you don't have to spend time researching and picking individual stocks; you could invest in an exchange-traded fund ( ETF ) that provides broad exposure to the sector or industry you're interested in. The tech sector has often been the most popular part of the stock market -- and the most rewarding -- for investors over the past couple of decades.
If you have $500 available to invest (meaning you have an emergency fund saved and high-interest debt paid down) and want exposure to some of the world's top tech companies , the Invesco QQQ Trust ETF (NASDAQ: QQQ) is a great option.
For further details see:
The Smartest Tech ETF to Buy With $500 Right Now