The Invesco QQQ ETF, which tracks the Nasdaq-100 index of large non-financial tech companies, has delivered over 10% annual returns since its 1999 inception despite the dot-com crash. A consistent $400 monthly investment over 30 years could grow to approximately $1 million, though investors must tolerate significant short-term volatility to achieve long-term gains.
Axe note: Steady investment in Nasdaq-heavy QQQ has proven a powerful wealth builder, but volatility is real.