Comments on: First QQQQ Purchase Made with QQQDirect http://www.thesunsfinancialdiary.com/investing/first-qqqq-purchase-made-with-qqqdirect/ Thu, 18 Mar 2010 19:53:25 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: The Sun http://www.thesunsfinancialdiary.com/investing/first-qqqq-purchase-made-with-qqqdirect/comment-page-1/#comment-634 The Sun Thu, 14 Dec 2006 14:27:20 +0000 http://www.thesunsfinancialdiary.com/2006/12/12/first-qqqq-purchase-made-with-qqqdirect/#comment-634 Yes, one of the reasons I decided to buy QQQQ is indeed that QQQDirect's commission free structure makes buying a small amount every time (dollar-cost-averaging) affordable. Though I might have bought my first share at the peak of NASDAQ in five years, I don't worry to much about the price fluctuations. Besides, I believe in technologies. Actually, QQQQ is the ETF that tracks NASDAQ 100 index, the same as IVV that tracks S&P 500 index. As a matter of fact, you do have a NYSE ETF and that's NY from iShares which tracks NYSE U.S. 100 Index. Yes, one of the reasons I decided to buy QQQQ is indeed that QQQDirect’s commission free structure makes buying a small amount every time (dollar-cost-averaging) affordable. Though I might have bought my first share at the peak of NASDAQ in five years, I don’t worry to much about the price fluctuations. Besides, I believe in technologies.

Actually, QQQQ is the ETF that tracks NASDAQ 100 index, the same as IVV that tracks S&P 500 index. As a matter of fact, you do have a NYSE ETF and that’s NY from iShares which tracks NYSE U.S. 100 Index.

]]> By: Jonathan http://www.thesunsfinancialdiary.com/investing/first-qqqq-purchase-made-with-qqqdirect/comment-page-1/#comment-631 Jonathan Thu, 14 Dec 2006 07:58:35 +0000 http://www.thesunsfinancialdiary.com/2006/12/12/first-qqqq-purchase-made-with-qqqdirect/#comment-631 I always considered QQQQ to be a weird ETF. I mean, is there a NYSE ETF? It's kind of a tech fund, but not really. I'd be interested to know if you bought this more because of QQQQDirect's existence making it so simple, or because you really wanted to own cubes? I always considered QQQQ to be a weird ETF. I mean, is there a NYSE ETF? It’s kind of a tech fund, but not really.

I’d be interested to know if you bought this more because of QQQQDirect’s existence making it so simple, or because you really wanted to own cubes?

]]> By: The Sun http://www.thesunsfinancialdiary.com/investing/first-qqqq-purchase-made-with-qqqdirect/comment-page-1/#comment-605 The Sun Tue, 12 Dec 2006 16:36:23 +0000 http://www.thesunsfinancialdiary.com/2006/12/12/first-qqqq-purchase-made-with-qqqdirect/#comment-605 Yes, dollar-cost-averaging reduces the risk significantly and I don't have to worry about the market ups and downs. However, it only works with a plan that doesn't charge commissions. Yes, dollar-cost-averaging reduces the risk significantly and I don’t have to worry about the market ups and downs. However, it only works with a plan that doesn’t charge commissions.

]]> By: moneymonk http://www.thesunsfinancialdiary.com/investing/first-qqqq-purchase-made-with-qqqdirect/comment-page-1/#comment-604 moneymonk Tue, 12 Dec 2006 16:32:25 +0000 http://www.thesunsfinancialdiary.com/2006/12/12/first-qqqq-purchase-made-with-qqqdirect/#comment-604 very smart by using dollar-cost-averaging to purchase a small amount every month. You will not lose loads of money that way. Your risk will not be high. very smart by using dollar-cost-averaging to purchase a small amount every month. You will not lose loads of money that way.

Your risk will not be high.

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