The Smartest Index ETF to Buy With $2,000 Right Now

Core Viewpoint - The Invesco QQQ Trust is highlighted as a strong long-term investment option, particularly in the current market environment where investors may hesitate to invest due to high market levels [1][12]. Investment Strategy - A J.P. Morgan study indicates that the market reaches new highs approximately 7% of the time, and in nearly a third of those instances, investors do not see lower prices, which can lead to missed opportunities [2]. - The recommended approach is to start investing immediately and consistently, employing a strategy known as dollar-cost averaging, which mitigates emotional decision-making and has proven effective for wealth accumulation over time [3][10]. Fund Performance - The Invesco QQQ Trust tracks the Nasdaq-100, focusing on the 100 largest non-financial companies on the Nasdaq, with over 60% of its holdings in technology stocks [5]. - Over the past decade, the fund has delivered a total return of approximately 491%, significantly outperforming the S&P 500, which returned about 291% during the same period [6]. - The fund's market-cap weighted structure allows it to automatically adjust to the performance of its holdings, maintaining focus on market leaders [7]. Growth Potential - The Invesco QQQ Trust is positioned to benefit from the burgeoning trend of artificial intelligence (AI), which is expected to be a defining technology of the next decade, suggesting that the investment opportunity is still in its early stages [9]. Wealth Building Example - An example illustrates that starting with an investment of $2,000 and adding $1,000 monthly for 30 years could yield approximately $5.7 million at a 15% average annual return, which is below the 19.7% average annual return of the Invesco QQQ Trust over the past decade [11].