No matter whether you’re a seasoned investor or perhaps a novice at the stock-trading game, there’s a well-known option that may suit your portfolio-offering the stability of proven performers you know, plus the growth potential of innovative businesses you may possibly not have heard of yet. It also has extra advantages like low costs and tax efficiency.
QQQ-the trade name for the NASDAQ-100 Index Tracking Commodity (NASDAQ: QQQQ)-is a kind of expense product known as an exchange traded fund (ETF) Having a trading volume averaging 99.7 million shares per day, it can be one of the most actively traded, listed equity security in the U.S.*
Active investors appreciate the simplicity and liquidity of buying and selling a basket of stocks in a single transaction. Long-term investors appreciate that the fund is based on NASDAQ’s 100 largest non-financial companies and diversified across sectors. The investment covers a range of industries, including pc hardware and software, telecommunications retail/wholesale trade, biotechnology and transportation, with a basic purchase of just one stock.
Additionally, QQQ is eligible for 401(k) and IRA investments, producing it attractive for any long-term buy-and-hold investment strategy. And because QQQ represents the collective performance of these firms, the impact of price tag fluctuations caused by a particular company is an additional reason QQQ is also attractive.
Direct Purchases
For the initial time, investors who invest in the very same dollar amount of shares at normal intervals can have direct access to an ETF such as QQQ. QQQDirect is an cost-effective online investing service that provides 1 plan purchase of QQQ per month totally free of any charge. It can be a fractional share, dollar-based support that permits as little as $10.00 per month to be invested with QQQDirect’s AutoVest Schedule.
“NASDAQ has played a considerable role within the equification of America and QQQDirect is yet one more way we can break down barriers to commodity ownership,” mentioned NASDAQ Global Funds CEO John Jacobs. “By getting an individual share of QQQ, dollar-cost typical investors will personal a portfolio of NASDAQ’s industry-leading companies-including the likes of Microsoft, Starbucks and Dell.”
“We believe this new service expands the capacity of investors to make sound purchase decisions,” stated John Markese, president from the American Association of Individual Investors (AAII) “As an advocate of investor education and empowerment, AAII views the introduction of QQQDirect as a new, cost-efficient chance for individuals to practice the principles of sound investing.”
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