Investing in Invesco QQQ Trust ETF could turn $40,000 into $1 million over long term.
From Nasdaq: 2025-05-24 05:05:00
Investing a large lump sum in the stock market for the long term could help you retire with $1 million, but individual stock investments pose more risk due to unforeseen factors like pandemics, inflation, and tariffs.
Consider investing in the Invesco QQQ Trust ETF for long-term growth, as it tracks the Nasdaq-100 index’s top stocks, offering a balance between diversification and impactful returns.
With a compound annual growth rate of 18% over the past five years, the Invesco ETF could potentially turn a $40,000 investment into $1 million over approximately 34 years, making it a solid choice for long-term investors.
Read more at Nasdaq: 1 Unstoppable ETF That Could Turn $40,000 Into $1 Million