We all have different preferences, even when it comes to investing.
Growth investors seek capital growth. Income investors, on the other hand, prefer to receive dividends.
Proponents of the former argue that growth represents a much more compelling reason for investing as it allows you to compound your wealth quicker.
Investors who advocate income investing emphasize the need to establish a stream of passive income to support themselves during their retirement years.
Each argument has its own merits.
Investing is, after all, an intensely personal endeavour.
But, on rare occasions, you can find a stock that offers both growth and dividends.
A caveat, however.
The best of both worlds doesn’t always come cheap, and you may have to accept some compromise with regards to the growth rate and the dividend yield.
iFast Corporation Limited (SGX: AIY) fulfils both the growth and income criteria.
Here’s why I believe this stock has massive future potential....