Good Vibes Scoops Series: S&P 500 and Nasdaq 100

Hola Mooers!

Here are 3 reasons why S&P 500 ( $S&P 500 Index (.SPX.US)$ ) and Nasdaq 100 ( $NASDAQ 100 Index (.NDX.US)$ ) stocks remains attractive.

1. Right from the start of 2023, it was already mentioned that the US economy was stronger than reported (*1).

2. The second-quarter performance is so strong that it defies recession fears in the US economy (*2).

3. The US economy was so strong that it is now the strongest in the G7 (*3).

Seeing so much strength in the US economy, investors now have plenty of choices to invest and grow their moolah, and here are some of them.

1. Invest in US money market fund such as the CSOP USD Money Market Fund ( $CSOP USD Money Market Fund (SGXZ96797238.MF)$ ) in Futu MooMoo ( $Futu Holdings Ltd (FUTU.US)$ ) while waiting for better opportunities to invest in the stock market. Investors holding SGD currency can also invest in the Fullerton SGD Cash Fund ( $Fullerton SGD Cash Fund (SG9999005961.MF)$ ) while waiting for a favorable SGD to USD ( $SGD/USD (SGDUSD.FX)$ , $USD/SGD (USDSGD.FX)$ ) exchange rate to invest in the S&P 500 and Nasdaq 100 stocks.

2. Invest in S&P 500 ETFs (e.g., $iShares Core S&P 500 ETF (IVV.US)$ , $Vanguard S&P 500 ETF (VOO.US)$ , $SPDR Portfolio S&P 500 ETF (SPLG.US)$ , $SPDR S&P 500 ETF (SPY.US)$ ) and Nasdaq 100 ETFs (e.g., $Invesco QQQ Trust (QQQ.US)$ , $Direxion Shares Etf Trust Nasdaq-100 Equal Weighted Index Shares (QQQE.US)$ , $Invesco NASDAQ 100 ETF (QQQM.US)$ ). They offer investors an affordable way to diversify their portfolio while also offering them opportunities to ride the US market.

3. Mooers can also choose to buy the dips of their favorite US stocks, such as Apple ( $Apple (AAPL.US)$ ), Microsoft ( $Microsoft (MSFT.US)$ ), Amazon ( $Amazon (AMZN.US)$ ), Google ( $Alphabet-A (GOOGL.US)$ , $Alphabet-C (GOOG.US)$ ), Nvidia ( $NVIDIA (NVDA.US)$ ), Tesla ( $Tesla (TSLA.US)$ ) and Meta ( $Meta Platforms (META.US)$ ). Buying individual stocks gives investors more control in terms of when to buy or sell.

With the strong US economy , Mooers may experience strong returns from their investment, which allows them to enjoy the picturesque Eagle Beach in Aruba.

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References:

*1: US economy stronger than reported at start of 2023

*2: US economy defies recession fears with strong second-quarter performance

*3: 7 Reasons the U.S. Economy Is Among the Strongest in the G7