Looking to grow your net worth using Growth Stocks. Here are some of the easiest ways to invest in Growth Stocks in Australia.
What is a Growth Stock?
Simply put, a growth stock is a publicly traded company that is expected to grow more than the market. A good example in 2020 would be Tesla. Since the start of the year it has gained over 200%. This is obviously an outlier. But there are many other stocks that have grown even during the market downturn.
If you’re a young individual you probably don’t have a huge net worth. So your goal most likely is to grow your capital. Growth stocks are one way to achieve this.