2024-07-28 08:07:00 ET
When investors talk about the stock market, they are most likely focused on the S&P 500 . This index that tracks the 500 largest profitable publicly traded enterprises in America is a bellwether for how the market is performing. Naturally, it draws a lot of attention as a possible investment opportunity.
In the past 10 years, the S&P 500 has produced a strong total return of 238%. However, you can do better than this. Just consider buying the Invesco QQQ Trust (NASDAQ: QQQ) instead.
The Invesco QQQ Trust is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 index . This includes the 100 biggest non-financial businesses that trade on the Nasdaq Stock Market.
For further details see:
You Can Do Better Than the S&P 500. Buy This ETF Instead.