"Maximizing Wealth in 2024: Top Index Fund and Stock-Split Stocks to Buy"

1 min read
Source: The Motley Fool
"Maximizing Wealth in 2024: Top Index Fund and Stock-Split Stocks to Buy"
Photo: The Motley Fool
TL;DR Summary

The Nasdaq Composite and S&P 500 are showing signs of a new bull market, making it an opportune time to consider investing in the Fidelity Nasdaq Composite ETF, which tracks innovative tech companies. With a historical track record of strong performance, the ETF has the potential to turn monthly investments of $300 into $915,600 over three decades, assuming a 12% annual return. While the fund is heavily concentrated in technology stocks and may experience volatility, its below-average expense ratio of 0.21% makes it an attractive option for growth-focused investors comfortable with market turbulence.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

4 min

vs 5 min read

Condensed

89%

83893 words

Want the full story? Read the original article

Read on The Motley Fool