Stock Diversity Using A Single Purchase

 

Whether you’re an experienced investor or a newcomer to the stock-trading game, there is a popular option that fits your portfolio providing you the stability of proven performers you know, plus the potential growth of innovative companies that you might not have heard of yet. It also has additional advantages such as low costs and tax efficiency.

QQQ is the trade name for the NASDAQ-100 Index Tracking Stock (NASDAQ: QQQQ) is a type of investment product known as an exchange traded fund (ETF). It has a trading volume averaging 99.7 million shares traded daily and the most actively traded, listed shares in the U.S. *

Active investors appreciate the simplicity and liquidity of trading a basket of shares in a single transaction. Long-term investors appreciate that the fund is based on NASDAQ’s 100 largest non-financial enterprises and diversified across sectors. The investment includes a variety of industries, including computer hardware and software, telecommunications, retail wholesale trade, biotechnology and transportation, with a simple purchase of a single layer.

In addition QQQ is eligible for 401 (k) and IRA investments, making it attractive for long-term buy and hold investment strategy. Since QQQ is a representation of the collective performance of these companies represents the effects of price fluctuations caused by a specific company is another reason QQQ is also attractive.

Direct Purchasing

For the first time, investors who buy the same amount of shares on regular basis are offered direct access to an ETF as QQQ. There are online service providers that provide a plan to purchase QQQ on monthly basis without any charges. This is a fractional share, dollar-based service that allows as little as $ 10.0 00 per month to be invested using direct purchasing.

 

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