Investment Tips With Jermaine Filmore

  Investors looking to gain exposure to the world's leading technology and growth companies often compare the Invesco QQQ ETF (QQQ) and the Invesco NASDAQ 100 ETF (QQQM). While both funds track the same NASDAQ-100 Index and hold virtually identical investments, QQQM offers several advantages for long-term investors. The biggest benefit of QQQM is its lower expense ratio. QQQ charges 0.20% annually, while QQQM charges only 0.15%. Although the difference may seem small, lower fees allow investors to keep more of their returns over time. Over decades of investing, those savings can compound into a significant amount. QQQM was specifically designed for buy-and-hold investors. It provides the same exposure to major companies such as Apple, Microsoft, NVIDIA, Amazon, and Meta, but at a lower cost. Since both ETFs track the same index, their performance is nearly identical before expenses are deducted. QQQ remains popular among active traders because it has higher trading volume and liqui...

  Vanguard S&P 500 ETF (VOO) reached a new milestone, surpassing $1 trillion in net assets for the first time. This achievement makes it the first exchange-traded fund to ever cross that threshold. While hitting the $1 trillion mark is largely symbolic—ETFs don’t receive accolades for size—it does mean incremental revenue gains for Vanguard and the funds that hold the company’s stock. The milestone highlights the extraordinary rise of index funds and Vanguard’s pivotal role in popularizing them among all kinds of investors. Competitors like the iShares Core S&P 500 ETF (IVV) and the State Street SPDR S&P 500 ETF (SPY) aren’t far behind. By the end of the day, IVV’s net assets were just under $861 billion, while SPY had nearly $786 billion. VOO wasn’t always the frontrunner. Just five years ago, it was the smallest of the three major S&P 500 ETFs, with roughly $225 billion in assets. Back then, SPY led the pack with about $360 billion. Vanguard’s ETF surged ahead tha...