If I could turn back to 2023, I would make a strategic financial decision by consistently investing $400 weekly in$Invesco QQQ Trust-ETF(QQQ)$
By investing $400 weekly over the course of the year, you would have accumulated a total investment of $20,800. Given the historical performance of the stock market, especially in technology-focused sectors, it's reasonable to assume a growth in the value of your investment.
Assuming a modest average annual return of 10%, your investment in QQQM would have grown to approximately $23,520 by the end of the year. Applying a conservative multiplier of 1.3 to account for potential market fluctuations and favorable conditions, your investment could be valued around $30,576.
This hypothetical scenario demonstrates the power of consistent, long-term investing in a well-performing sector. However, it's essential to acknowledge the inherent risks associated with the stock market, as past performance does not guarantee future results. Additionally, market conditions can be unpredictable, and various factors can influence investment outcomes.
In retrospect, making informed investment decisions and staying committed to a disciplined approach could have significantly multiplied your initial investment, highlighting the importance of strategic financial planning and a patient investment mindset.
@TigerStars @MillionaireTiger @Daily_Discussion do feature my insights$Invesco QQQ Trust-ETF(QQQ)$
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If this can break 395, I'd believe the bull argument. But there was solid rejection at 394. And there are a lot of gaps to fill on the downside. Next week is triple witch OPEX.
pullback is imminent, before next leg up in spring time.