Install Linux Ubuntu on External SSD/HDD.

May 12, 2018
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Hope this is the correct platform to ask this question.

I own a Dell XPS 15 (2016) model with a 512 GB internal SSD installed with latest windows 10 update.
I want to dual boot my laptop with Ubuntu, but I don't want to install Ubuntu on the same internal SSD drive.

I was thinking of buying an external Lacie SSD thunderbolt for Ubuntu so that I can connect it with Thunderbolt port and using it along with windows 10. Hence Dual boot.
I want SSD for faster performance.

I can try to do it myself but it's a huge investment so I am worried about damaging the SSD or my laptop in some way.
My Questions:
Is there any tutorial for this?
Best way explained somewhere?
Is this a good idea?
What are the shortcomings?
Any disadvantages to laptop or external SSD?
 
May 12, 2018
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Thanks, @Alabalcho for the reply. Actually, I am using the Virtual box. I do have 16GB RAM but the performance is not what I expected. Hence I want to dual boot Windows 10 with Ubuntu.