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1 Unstoppable ETF Can Generate 10x Returns in the Long Run

investing ideas :: 2024-12-06 :: source - motley fool

By David Jagielski

Investing in a stock with the hopes of it turning into 10 times its value is enticing, and it can lead to investors taking on significant risk for the sake of scoring a huge return. But the danger is that risky investments may not only underperform the market, they could lead to significant losses and destroy your portfolio.

For buy-and-hold investors, there are much safer ways to achieve 10x returns in the markets. Exchange-traded funds (ETFs) offer some terrific diversification, and while they might not double or triple in value in a short timeframe, they can still grow your money significantly over the years.

A top ETF for investors to consider for the long haul is the Invesco QQQ Trust (QQQ -0.28%). Here's why it can be an ideal buy right now, and how it can generate 10x returns.

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