Are these any good for longterm?
I won't say i'm an avid investor as of now, but these two ETFs caught my eye and i've been invested in them for a couple of months.
1. Mirae Asset NYSE FANG+ ETF
2. Motilal Oswal NASDAQ 100 ETF
Now, these ETFs usually are at their upper circuit, so getting a chance to get any of them at a discounted price is somewhat difficult. I try to buy the dip when it is a solid 3-4% in either of these ETFs. That gives me a solid margin to invest into either of them. We're looking at a solid >50% price increase in 1 year and I keep buying the dip, these profits could compound.
What are y'all's opinions on this?