Should You Invest for Growth or Income? Both Might Be in Order
Strategic investments make your money multiply. However, there are different approaches to investing. It isn’t one size fits all. Once you’ve decided to invest your money, you still need to decide what type of investment you want.
What are Growth and Income Investing?
Growth investors want all earnings kept in the asset since this allows the investment to grow faster while income investors want profits returned as a form of income.
→ Growth Investors
Growth investing is focused on buying appreciating assets, meaning you obtain assets you expect to increase in value.
→ Income Investors
The goal of income investing is to design a portfolio of income-generating assets that provides dependable cash payouts. These payouts can be reinvested or used for current living expenses.
Can You Invest for Growth and Income?
You can diversify your portfolio with various stocks, bonds, and alternative investments to ensure you have a combination of growth investments and income investments.
SWIPE UP FOR MORE ABOUT Should You Invest for Growth or Income? Both Might Be in Order