trilliumsummer t1_iuimcg7 wrote on October 31, 2022 at 4:43 PM

Reply to comment by Cruian in Investment for niece / nephew by nosaltpants823

What has me scratching my head is I went to Invesco's site to see what their top stocks are (pretty much the same as S&P) - and they have a graph with comparable funds. QQQ almost exactly mirrors S&P 500, but at a slightly lower price and maybe a slight delay. Like why buy QQQ instead of S&P? It's er is 0.2% so not high, but you can get the S&P for a lower er which would widen the gap. I'm perplexed, unless there's just that many people that don't want to invest in banks.

Cruian t1_iuimnv6 wrote on October 31, 2022 at 4:45 PM

>but at a slightly lower price

Share price is completely irrelevant.

>I'm perplexed, unless there's just that many people that don't want to invest in banks.

I think a lot of it is performance chasing.

trilliumsummer t1_iuinvv0 wrote on October 31, 2022 at 4:53 PM

>Share price is completely irrelevant.

I didn't mean share price - I meant with the whole what would $10k be if you invested it in these funds 10 years ago thing and said price. I meant growth.