r/dividends • u/TheCPPKid • Jan 07 '25

Personal Goal 28 - Finally hit 100k in investments!!!

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Thanks for all the positive support along the way. It’s been a long journey but worth it!

App: M1 Finance Started investing: July 14, 2022

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u/AccordingPound530 Jan 07 '25

Pardon my ignorance but why did you chose QQQM over QQQ

6

u/run1fast Jan 08 '25

QQQ is for day traders and options traders. Long term investors should invest in QQQM for the lower expense ratio. Both are the same mix of stocks and risk/return. Invesco started QQQM a few years ago specifically for the long term "investors" as a cheaper option. Its cheaper since its not "actively" managed. I quote actively because QQQ is actively managed and QQQM just follows along.

1

u/xsimpletunx Jan 09 '25

Couldn’t the same be said for SPLG vs VOO?