Before you invest, you should understand what you are investing in. This means that, before you add growth stocks to your portfolio, you need to understand what they are, and their purpose in your investing portfolio.
"It's pretty well-established at this point that I don't think that I am smart enough to beat the overall stock market when it comes to investing in equities. The good news is that I think the average returns on equities are pretty damn good, and I have a solid strategy for realizing them. While I don't believe I'm smart enough, or willing to put in the research needed to beat the market, Mike Heroux from the The Dividend Guy blog and The Financial Blogger just might be."
The best way to save for retirement is by maxing out your Roth IRA. The Roth IRA is a tax-advantaged retirement account that gives you tax-free growth.