Supercharge Your Retirement Account With This Powerful ETF
Slow and steady wins the race -- it's generally quite true when it comes to investing. Invest regularly in the overall stock market for many years and you're likely to amass a sizable nest egg.
But what if you want to do better than that? Well, you might add shares of a certain ETF, because it's full of many businesses that are not only strong and growing, but are also, in many cases, trading at lower valuations than they have in a long time, because of the stock market's recent pullback.
The Invesco QQQ ETF (NASDAQ: QQQ) is an exchange-traded fund (ETF) -- very much like a mutual fund that trades very much like stocks do. (In other words, you can buy as much or as little of it as you want via your regular brokerage account.) The ETF is an index fund, tracking the Nasdaq-100 Index of 100 largest non-financial companies listed on the Nasdaq stock exchange, based on market cap.
Source Fool.com
