No. of Recommendations: 19
I estimate the fair value (well, historically average valuation level) for QQQE is about $76 these days, give or take. The Nasdaq 100, but equally weighted, 1% each.
Getting that at a discount for a long hold would probably do well. Say, the 60s or below.
Funds aren't for everybody, but if I had to own one and the only concerns were risk (for a fund, that's company specific exposure) and likely long run return, that would be my suggestion.
The disadvantage is that it probably includes one or more firms you might not like to be an owner of, for whatever reason.
Jim
