$10,000 Invested in This ETF Could Send Your Kids to College – Tulsa World

Posted: December 26, 2020 at 3:58 pm


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This ETF has an annual return of 12.9% since inception, but over the 10 years since Dec. 1, 2010, it has posted an average annual return of 20.5%. If you invested $10,000 10 years ago at this time, you'd now have about $99,000 -- investing $100 per month. Depending on where your kid goes to college, that could pay for all four years of tuition at some state schools, and at least a year or two at most private institutions.

Of course, past performance is no guarantee of future results, as the disclaimer says, and the last 10 years have been historically strong for the IT sector.

The sector has also been among the strongest through the pandemic as technology has been central to adapting to social distancing protocols. While some companies saw their stocks rise too high, too fast and could see a snapback, in the long term, the sector is going to continue to lead the market over the next decade. While the pandemic will hopefully be a thing of the past in 2021, many of the protocols will remain as part of a new normal, driven by technology. That's not to mention all the new emerging technologies we'll see, such as artificial intelligence (AI), further transform the way we communicate.

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$10,000 Invested in This ETF Could Send Your Kids to College - Tulsa World

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December 26th, 2020 at 3:58 pm