Mon. Jun 23rd, 2025

Is the Invesco QQQ ETF a Millionaire Maker?

The Invesco QQQ Trust (QQQ) is an exchange-traded fund (ETF) that tracks the NASDAQ-100 Index. This index is made up of the 100 largest domestic and international non-financial companies listed on the NASDAQ Stock Market. The ETF has gained popularity among investors due to its strong performance and potential for significant returns. Some financial analysts have even referred to it as a ‘millionaire maker’. However, as with any investment, there are risks involved. The technology sector, which is heavily represented in the NASDAQ-100 Index, has seen significant volatility in recent years. Investors should carefully consider their investment goals and risk tolerance before investing in QQQ.

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