New to investing with $10K—should SPY or QQQ be the first buy?

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New to investing with $10K—should SPY or QQQ be the first buy?

It’s the big question that I’m sure many new investors share: is it better to go with the S&P 500 or the tech-heavy Nasdaq 100? The latter will give one a shot at higher returns but at the cost of higher risk. It’s these risks that may not reveal themselves until the next big market downturn. Either way, someone with $10,000 to put to work must ask themselves how much risk they’re willing to take. Also, looking at the stock chart in 2000-02 is a…