Can a $50,000 Investment in the Nasdaq-100 Today Turn Into $1 Million by the Time You Retire?
Investors will find many of the best growth stocks in the world on the Nasdaq exchange. An even more exclusive club is in the Nasdaq-100 index, which includes the largest nonfinancial stocks on the exchange.The Invesco QQQ Trust (QQQ -1.26%) tracks the Nasdaq-100, and it's a popular exchange-traded fund (ETF) for many growth-oriented investors. Below, I'll go over how a $50,000 investment into this ETF might grow over the long haul, and whether it can get to $1 million by the time you retire. Can Invesco's ...