iFAST Corporation Limited (SGX: AIY)
...It is always useful to have some spare cash lying around.
This cash can be set aside for emergencies or used to purchase shares of strong companies to help grow your retirement portfolio.
Aside from looking for growth, you may also want to search for stocks that dish out a regular dividend.
These dividends can help supply you with a useful source of passive income.
As time goes by, there is the potential for a well-managed business to increase its dividends if it enjoys higher profits and cash flows.
And if the company’s business is demonstrating sustained growth, its share price should also increase in line with its business growth.
This combination of higher dividends and an increasing share price is a double bonus for investors.
If you have S$30,000 to spare, you can check out these three stocks that hold the promise of both growth and yield.