Could This Unstoppable Vanguard ETF Make You a Millionaire? Here's What History Says.
Key takeaways
- NVDA Within the Vanguard exchange-traded fund (ETF) lineup, one fund has delivered the best performance across the past three-, five-, and 10-year timeframes -- the Vanguard Information Technology ETF (NYSEMKT: VGT).
- Momentum for tech stocks had been strong in the late 2010s, but they got another boost coming out of COVID, due to huge amounts of liquidity in the economy and ultra-low interest rates.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA Within the Vanguard exchange-traded fund (ETF) lineup, one fund has delivered the best performance across the past three-, five-, and 10-year timeframes -- the Vanguard Information Technology ETF (NYSEMKT: VGT).
There's no question about what's been driving it. Momentum for tech stocks had been strong in the late 2010s, but they got another boost coming out of COVID, due to huge amounts of liquidity in the economy and ultra-low interest rates. Over the past few years, the artificial intelligence (AI) revolution has driven huge growth in revenues and earnings.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »