NASDAQ-100 $^NDX-0.1%
Hey investors, there has been a lot of writing about technology stocks lately.
I'd like to mention here the technology index $^NDX-0.1%, which nicely measures the performance of technology stocks and is already up over 30% this year.
US Technology Index
^NDXOpen $19,555.80
Day range $19,523.51 - $19,712.42
52 week range $14,058.33 - $19,979.93
So far this year, the index has been pulled up the most by $NVDA-2.3% and $META+0.2% stocks.
I personally invest in it every month and buy even more if there is any outperformance.
How about you, are you also investing in the NASDAQ-100?
If so, can you possibly post whether you are waiting for a better price or you don't consider price when buying.
I have ETFs on DCA, I buy on a bigger drop, I don't sell, I accumulate. 💰💪
Which ETF are you investing in? With the SP500 many pop into my head, not here.
Ndq100 is a good alternative for young investors with 30+ horizon. There's a good chance it will beat most major indices and it delivered nice results for me a couple of years ago. I would probably expect a slightly better price today, but for regular purchases see horizon above, it probably doesn't matter.
Today, it's really only driven by a few big stocks that have giant market capitalizations. If a correction comes, I'll just be happy.
I don't buy the Nasdaq either, I follow it yes, because as you say, it shows the tech sector doing great, but then I buy companies I like individually. Otherwise, yes, this year started off rocketing and I didn't catch $NVDA-2.3%, but I did catch $META+0.2% and it makes me happy. Anyway, I still think it's already overbought and I don't expect us to go this way all year, I'm holding for now but will sell at the sign of a turnaround. I'm not buying tech right now and I'm looking more at sectors like Reit, transportation, maybe a little health care
No, I don't need it either. I'll buy tech stocks separately if I want to, here I prefer to be in the S&P 500 club. Plus, the Nasdaq is overbought for me right now, and I think it would be stupid to buy at this point (just my opinion).
I don't invest, I prefer MSCI all country. Btw what do you think is a better price to buy? How much of a percentage drop are you asking for?