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Non-Tech : QQQ - Nasdaq 100 Trust
QQQ 608.40-2.0%4:00 PM EST

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To: PaperProphet who wrote (323)5/30/2000 2:08:00 PM
From: A. Wayne   of 840
 
Kurt, The best thing about the QQQ versus a similar index fund is being able to buy and sell throughout the day, and no required capital gains taxes each year if you don't sell your Qubes. There are fees though. There is a management fee of .18% (expense ratio) and of course the commission for buying and selling. I think overall these are smaller than what you would pay to a mutual fund. There are lots of other ETFs coming out that you might want to look at in addition to QQQ, DIA, SPY. And, there are WEBs for foreign country indexes. Although I think I read that the WEBs declare annual capital gains.

Wayne
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