Printer-friendly copy Email this topic to a friend
Lobby General Discussion topic #13470395

Subject: "NOT FINANCIAL ADVICE" Previous topic | Next topic
Kira
Member since Nov 14th 2004
28856 posts
Sat Oct-08-22 02:46 PM

Click to send email to this author Click to send private message to this authorClick to view this author's profileClick to add this author to your buddy list
1. "NOT FINANCIAL ADVICE"
In response to In response to 0


  

          

>So my wife and I lucked into some money and we were thinking
>of giving it to a fund manager to invest for us. BUT, I'm
>thinking I just take this money and invest it into SPY or VOO.
>
>
>In addition to the dividends, I want to sell covered calls on
>them each month.
>
>Should I just give the money to a fund manager and forget
>about it for the next 20 years or should I invest it myself?
>Any help would be appreciated. Thank you guys!

If you independently manage it yourself, NOT FINANCIAL ADVICE, look into:

Treasury bonds and their European equivalent gilts. If you have enough money you can buy as many as you want with upwards of a 30 year maturation rate.

If you go stock market look into index funds comprised of America's best companies. Look into dividend funds as well.

Stay away from crypto if you lack time to monitor your investment, especially crypto over seven zeroes value.

Best of luck either way.

No empathy for white misery (c) BDot

"root for everybody black haters say that's crazy, wow..."

  

Printer-friendly copy | Reply | Reply with quote


Stock Market Talk (part 2) [View all] , After_Words, Sat Oct-08-22 11:16 AM
 
Subject Author Message Date ID
RE: NOT FINANCIAL ADVICE
Oct 10th 2022
3
Manager/advisor fees will *EAT* (lower) your returns
Oct 08th 2022
2
RE: Manager/advisor fees will *EAT* (lower) your returns
Oct 10th 2022
4
      Vanguard is unique in the investment/asset mgmt industry
Oct 10th 2022
5
95% of equity ETFs & 95% of fixed income ETFs have negative returns
Oct 19th 2022
6

Lobby General Discussion topic #13470395 Previous topic | Next topic
Powered by DCForum+ Version 1.25
Copyright © DCScripts.com