The Invesco QQQ ETF (NASDAQ: QQQ) is one of the most popular ways to invest in technology stocks (although it’s not a pure tech ETF). But what if you’d bought it the day it launched and never sold a share?
Considering that it launched in 1999, you might be surprised to find out that you’d be sitting on a large profit, given that it debuted just a year before the internet bubble went bust.
Missed AI’s “Act 1”? Act 2 Could Be 16x Bigger. Most investors think they missed the AI boat because they didn’t buy Nvidia in 2005. But according to our analysts, we’re only at the end of “Act 1″—the R&D phase. “Act 2” is the global rollout. Continue »
Here’s what $5,000 would be worth today
Since its inception, the Invesco QQQ ETF has returned approximately 10.6% annually with dividends reinvested. That may not sound like an impressive number, but…
