There has been a growing movement called FIRE that started in the US.
The term FIRE stands for “Financial Independence, Retire Early”, and is derived from a personal finance book written back in 1992 by Vicki Robin and Joe Dominguez called “Your Money or Your Life”.
The financial independence movement is characterised by a frugal lifestyle, extreme savings and a growing stash of investments.
Obviously, the idea of early retirement is attractive.
You can pursue FIRE by ensuring you save a significant portion of your income and by slowly building up your investment portfolio.
An ideal mix of growth and income stocks can enable you to grow your nest egg to a comfortable amount that you can use for your retirement.
Here are three stocks that can offer this sweet mix.
Mapletree Industrial Trust (SGX: ME8U)
Mapletree Industrial Trust, or MIT, owns a portfolio of industrial properties and data centres in Singapore and the US....