facebookIs Invesco QQQ ETF a good buy if i have a long term horizon of at least 10 years? - Seedly

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Anonymous

04 Aug 2020

General Investing

Is Invesco QQQ ETF a good buy if i have a long term horizon of at least 10 years?

I have been reading up on tech stocks and I am interested in diversifying to tech. However, google and microsoft are expensive to own and i chanced upon this etf which seems like a good buy? But I am still in my initial stages of investing so I would greatly appreciate any advice regarding this etf, as I have barely heard of anyone mentioning this.

In short, what are your opinions on this US tech etf if im looking to diversify?

Discussion (8)

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What is the equivalent of QQQ on the LSE? I have seen the equiv but it's base currency is in pence

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This QQQ has an excellent long term record.

But it not 100% technology stocks contrary to popular belief.

That can be a good (better sector diversification) or a bad (less tech growth returns) thing.

Truth is: it was always very successful.

To have a pure technology ETF that is large & cheap & successful: VGT would be one good choice

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Most US-etf that focus on good quality companies are a good buy if you intend to hold on for at leas...

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