/biz/ - Business & Finance

>>58616414
Anyway, to answer your question
>i don't want to mange [sic] it myself
That's good. Two strategies then:
1) Passively Active: buy the whole index. What others said. SPY, VOO, whatever. It's more or less all the same. Pick the one with the lowest expense ratio/fee (these are built into the price of the ETF, you don't actively pay the fee)
2) Actively passive: buy parts of the whole index. This is where you'd actually pick certain stocks yourself, usually equally weighted. I mean, why buy SPY when you could just directly own Microsoft and Nvidia, amiright? The trick is to buy these large/mega cap stocks and then never, never, ever, fucking ever, sell them. Forget about them. Buy 10-15 of the best stocks in SPY and then forget you ever did. Don't fucking sell. Don't even fucking look at your portfolio.

Strategy 2 outperforms by far and the only reason people don't do it more often is because they fucking sell too early and gimp themselves (i.e. less than 10 years)