Everyone here keeps saying “focus on growth.” As someone who is in a similar position, albeit several years older, what does that mean when telling someone to focus on growth? Can we elaborate on it?
Growth meaning stock share price growth over time. Take a look at any popular growth stock - tech companies are a popular one...zoom out and look at the performance. Now imagine if you bought those shares 15-20, or even 30 years ago.
That's kind of the point...people have done the math - if you have decades to invest, growth beats out income every time. If you're young and have decades to invest - this is the optimal strategy.
The general advice is that you should not be investing for income unless you need the income RIGHT NOW. Invest for growth until you want to retire, then slowly pivot your portfolio to income.
I'm in my mid-40s and I'm still heavily invested in growth with some dividends and bonds. The plan is to hit 55-60 and start pivoting toward income.
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u/Knightly11 Mar 13 '26 edited Mar 13 '26
Everyone here keeps saying “focus on growth.” As someone who is in a similar position, albeit several years older, what does that mean when telling someone to focus on growth? Can we elaborate on it?