The Best Growth Index ETF to Invest $100 in Right Now

Market Overview - The current market is trading near all-time highs, but this should not deter investors from starting to invest, as waiting for a pullback can be a significant trap [1] - The S&P 500 reaches new highs approximately 7% of trading days, and on about one-third of those occasions, the index does not trade lower [2] Bull Market Insights - The current bull market has surpassed three years, with historical data indicating that bull markets lasting three years typically reach the four-year mark [3] - Historical trends show that when the market rallies over a six-month period by more than 35%, it tends to trade higher in the following 12 months [3] Timing and Investment Strategy - Investors who wait for a pullback must also time their entry correctly, as missing the initial gains can significantly reduce returns; bull markets often see an average gain of over 13% in the first month and over 25% in the first three months [4] - Missing the 10 best market days over a 20-year period can nearly halve an investor's returns [5] Investment Approach - Dollar-cost averaging is recommended as a strategy to mitigate market timing risks, allowing for consistent investment regardless of market conditions [6] - A suggested starting point for dollar-cost averaging is to invest a small amount, such as $100, regularly into a top exchange-traded fund (ETF) [6] Recommended Investment - The Invesco QQQ Trust (NASDAQ: QQQ) is highlighted as a favorable ETF, mirroring the performance of the Nasdaq-100 index, which is heavily weighted towards growth stocks and AI leaders [7] - The top 10 holdings of the Invesco QQQ Trust constitute approximately half of its portfolio, focusing on companies leading in AI [7] - Despite the market's high levels, growth and tech stocks, particularly through the Invesco QQQ Trust, are seen as strong investment opportunities [8]