As investors, we are always on the lookout for the next big stock.
Sometimes, that stock can be staring at us right in the face.
For example, when we first bought DBS Group (SGX: D05), it was already a blue chip stock. Yet, if you had bought it together with us the first time we bought it in 2020, a $9,670 investment would be now worth $18,295, excluding dividends.
Including dividends, you would have seen your return balloon to $22,724, or 135%.
Okay, one might argue that share prices were depressed back in 2020.
However, our portfolio also bought into DBS earlier this year. Since our purchase 4 months ago, we’ve seen a 9.2% gain on that purchase.
Some investors might prefer growth stocks – stocks that see their share price grow over time. Others might prefer income stocks – stocks that pay out a solid dividend.
However, as the example of DBS shows, it need not be one or the other.
You can enjoy the best of both...