Final answer:
Investing for growth involves prioritizing long-term wealth accumulation by accepting risks and aiming for capital appreciation.
Explanation:
Growth: A growth-oriented investor aims to maximize long-term potential for growth of principal, tolerating large short-term price fluctuations with a focus on long-term investment horizon.
Example: 80% stocks and 20% bonds allocation illustrates a growth-oriented investment strategy that prioritizes long-term growth potential over current income.
Investing for growth: Investors aiming for growth focus on maximizing wealth over time by accepting risks and seeking long-term capital appreciation.
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