Saving money in a bank account is a good starting point for your investing journey. But with interest rates as low as 0.05% per annum, it’s important to look for investments that can offer higher returns and help you keep up with inflation.
While investment returns are never guaranteed, buying shares is one of the most common ways individuals aim to grow their savings. It’s relatively easy to get started, which makes it a popular option for small investors. Still, choosing the right shares can be difficult. It’s important to find stocks that match your risk tolerance and have the potential to perform well over time.
In this article, we’ll explore how to identify growth stocks listed on the Singapore Exchange (SGX), explain how they differ from value stocks, and highlight some examples you might want to research further.
What are growth stocks?
Growth stocks are shares in companies that are expected to grow their earnings or revenue faster than the...