QQQ Jan 2024 430.000 call
| Previous close | 0.3300 |
| Open | 0.3400 |
| Bid | 0.3000 |
| Ask | 0.3100 |
| Strike | 430.00 |
| Expiry date | 2024-01-19 |
| Day's range | 0.2800 - 0.3400 |
| Contract range | N/A |
| Volume | |
| Open interest | 8.4k |
Motley Fool1 Way to Turn $100,000 Into $1 Million by Retirement
Saving for the future isn't easy, but investing in the stock market can make your goals much more achievable. There are countless options when it comes to building wealth in the stock market, but if you're looking for a low-maintenance investment that can help you make a lot of money with little effort, an exchange-traded fund (ETF) can be a good choice. While everyone's investing preferences will be different, there's one ETF that could help you turn $100,000 into $1 million or more with next to no effort on your part: the Invesco QQQ Trust (NASDAQ: QQQ).
Motley FoolBetter Growth Vehicle: Invesco QQQ Trust or Vanguard Information Technology Index Fund?
Picking stocks capable of outperforming the broader markets consistently is a tremendously difficult task. A recent study, for example, showed that only 2.39% of stocks are responsible for literally all of the gains of the global equity markets over the past 30 years. This unfavorable dynamic is the core reason why super investors like Warren Buffett, George Soros, and Peter Lynch, who have dramatically outperformed the S&P 500 index over their careers, are revered on Wall Street and Main Street alike.
Motley FoolWhy the Invesco QQQ Trust Gained 11% in November
It's rare for an exchange-traded fund (ETF) to move by double digits in a single month, but that's exactly what happened with the Invesco QQQ Trust (NASDAQ: QQQ) in November. Much of the ETF is made up of the "Magnificent Seven" stocks: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla. For November, the Invesco QQQ Trust finished up 11%, according to data from S&P Global Market Intelligence.
