So I know little to nothing about investing just to preface. BH has different levels of stocks, have no idea what the benefits are, other than I would assume investing in the most expensive is likely the best thing to do if you can afford it
Anyway, I saw that even if BH A stock dropped 99% it would still outperform the S&P. So seems like a great investment if possible to afford it
I mean, since it is such a great performing stock, could you theoretically put a huge amount of your money into it and just kind of cruise along for years without too many risks or worries?
I realize what I’m asking is likely a massive oversimplification, but even as someone who knows next to nothing about investing, what are the pros and cons of doing what I just mentioned? Seems like a super super safe bet to just ride out for years…
Please someone educate me on why this is or isn’t a good idea. Thank you
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