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Re: bri123 post# 34988

Sunday, 12/01/2024 5:32:21 PM

Sunday, December 01, 2024 5:32:21 PM

Post# of 35147
I maxed out my SEP IRA in Fidelity's OTC portfolio after the Dot Com bust and post-9/11 recession. As the max chart (below)shows, apart from the financial crash of 2008 it has performed quite well even thru the worst of Covid --presumably because billions of stimulus money poured into OTC. There was a big drop between July 2021 and August 2022 but it has since recouped all of that. The same pattern experienced by Invesco's QQQ ETF

https://www.barchart.com/etfs-funds/quotes/FOCPX/overview
https://www.barchart.com/etfs-funds/quotes/QQQ/overview

I have FOCPX bar belled with more conservative, less volatile funds.

The FOCPX is an ''actively managed fund" that invests in OTC stocks selected by experienced professional who add and delete companies based on performance etc.

However, Invesco QQQ is an exchange-traded fund based on the Nasdaq-100 Index thus making it a "passively managed" fund. The Fund will, under most circumstances, consist of all of stocks in the Index. The Index includes 100 of the largest domestic and international non financial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually. So you get both the good and bad as long as they fall into the top 100.

I'd be curious to know what your research turns up

Consider me an IDIOT. Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.

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