Investing in the stock market is one of the most effortless ways to build wealth, but the right investment is key.
Exchange-traded funds (ETFs) are passive investments that perform best over time, helping generate substantial returns with minimal effort
Tech stocks have been particularly lucrative over the past few years, and tech-focused ETFs are reaping the rewards. In fact, the iShares U.S. Technology ETF (NYSEMKT: IYW) has earned total returns of 865% over the past decade, as of this writing.
But is it still a smart buy? Tech ETFs are having a moment Tech has dominated the market in recent months, from the high-profile SpaceX IPO to Micron Technology’s staggering 760% total returns over the past year. With OpenAI and Anthropic also filing to go public, it doesn’t appear investors’ appetite for tech is slowing.