Growth and Income Fund
Categories: Investing, Bonds, Managed Funds
Funds can make you money and they can grow in value, but why settle for one or the other?
You can get basket of growth funds that grow in value reliably (Coca Cola, Disney, Harley Davidson) mixed with a bunch of bonds that pay out pretty steadily (like AT&T, Pfizer, Heinz Ketchup).
You get growth. You get income. "You get the best of both worlds." – Hannah Montana, 2008.