I've done a LOT of reading about growth v income shares and it seems to me that as a 25 year old I should be aiming for growth shares. My question is #1 - if income shares are reinvested through a DRP and the shares are held for say about 10-15 years then they *should* also become growth shares in the long term should they not? Then I'd be getting the best of both worlds.
I'm looking at forward paper trading for a while to see how it all works, but don't know whether I should be targeting income or growth? I guess it would be difficult to tell over such a short period of time (6-12 months) therefore I'm thinking I should aim for growth shares. Question #2, for growth shares with a stop loss of say 10%, and a portfolio of 5-10 stocks, what is the minimum $$ size per trade without having the potential gains being levelled by the brokerage fee (with the stocks performance review on a weekly basis)? Of course there is no absolute answer here, but say is $2.5K starting cash enough play around with? I'm interested to find out with how much $$ other people started in this game of shares