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.
Investing in exchange-traded funds (ETFs) makes sense for almost any investor. Buying ETFs is the easiest way to put together a diversified portfolio of stocks without having to do the hard work of managing them yourself.
While some may consider index fund investing boring, there is no easier way to put yourself on a path to success than consistently adding to an index fund. In fact, I'd argue that many investors would be better suited to doing this than buying individual stocks they don't have the stomach to hold when the market turns south.