>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..."