If I Could Only Buy and Hold a Single Stock, This Would Be It.

Some investors want to swing for the fences. That might be OK to try with a small amount of fun money, especially when you are young. But that kind of investing has a low probability of success, albeit with a high potential reward.On the other hand, building a nest egg for retirement is best done over time and with a diversified portfolio. So if I had to choose just a single stock to buy and hold, it would be the one and only Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). That's because you get not only a diversified group of stocks chosen by one of the best investing minds of all time, but also a unique set of diversified operating businesses.Berkshire Hathaway CEO Warren Buffett has built a highly diversified portfolio. Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool