Cheaper QQQ

[Kevin Slater]

A large portion of my Fidelity accounts is a ETFs, and these days I'm all about avoiding expenses.  To that extent, I wanted to share that today I discovered there's a cheaper alternative to QQQ (the Nasdaq 100 ETF).  QQQM is operated by the same firm with an expense ration of .15% v .2% for QQQ.  Apparently it's slightly less liquid given its smaller size, but for buy-and-hold investors the fee savings should be worth it.

https://www.thestreet.com/etffocus/trade-ideas/this-etf-is-making-qqq-irrelevant

Kevin Slater

[RadioRob]

Nice. It’s great finding the same exact fund with lower expenses!

[+ FrankR]

2 hours ago, Kevin Slater said:

A large portion of my Fidelity accounts is a ETFs, and these days I'm all about avoiding expenses.  To that extent, I wanted to share that today I discovered there's a cheaper alternative to QQQ (the Nasdaq 100 ETF).  QQQM is operated by the same firm with an expense ration of .15% v .2% for QQQ.  Apparently it's slightly less liquid given its smaller size, but for buy-and-hold investors the fee savings should be worth it.

https://www.thestreet.com/etffocus/trade-ideas/this-etf-is-making-qqq-irrelevant

Kevin Slater

Nice find! I also believe that minimizing fees is super important over the long term…speaking only for myself, I see no reason to allow a bank or asset manager to pick my pocket repeatedly, year after year. 💰

[Guest]

18 hours ago, Kevin Slater said:

A large portion of my Fidelity accounts is a ETFs, and these days I'm all about avoiding expenses.  To that extent, I wanted to share that today I discovered there's a cheaper alternative to QQQ (the Nasdaq 100 ETF).  QQQM is operated by the same firm with an expense ration of .15% v .2% for QQQ.  Apparently it's slightly less liquid given its smaller size, but for buy-and-hold investors the fee savings should be worth it.

https://www.thestreet.com/etffocus/trade-ideas/this-etf-is-making-qqq-irrelevant

Kevin Slater

As my momma said - “the Pennies make the Dollars”

[Kevin Slater]

8 minutes ago, BnaC said:

As my momma said - “the Pennies make the Dollars”

Huh.  Daddy always told me penises make the dollars.

Kevin Slater

[Guest]

23 hours ago, Kevin Slater said:

Huh.  Daddy always told me penises make the dollars.

Kevin Slater

I have no response to that.  So, I’ll take your word for it…

[mike carey]

On 4/15/2022 at 8:09 PM, Kevin Slater said:

Huh.  Daddy always told me penises make the dollars.

So, paternal advice to live by.

[mattr]

On 4/15/2022 at 6:09 AM, Kevin Slater said:

Huh.  Daddy always told me penises make the dollars.

Kevin Slater

My experience has been that the penises take the dollars....  😉

[gallahadesquire]

Momma always said:

”Take care of the pennies, and the dollars will take care of themselves.”