The NASDAQ Composite Index Is Useless
Below is a synopsis of this investment report:
- The media has placed the NASDAQ in the spotlight so far this year, particularly since it significantly outperformed the S&P 500 and approached an all-time high.
- Investors may be a bit frustrated to see the NASDAQ perform so well vs. their portfolio, but keep in mind that the NASDAQ is not a relevant index for conservative investors.
- There are several differences between the NASDAQ and other equity market indices that make it incapable of being labeled as a “broad market” index.
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