There aren’t many shares on the ASX that I think every investor should own. Some shares are too speculative, some shares won’t be market beaters and some shares could go out of fashion pretty quickly.
However, there are a few that I think fit all the criteria. Here are three of them:
BETANASDAQ ETF UNITS (ASX: NDQ)
Technology is an integral part of our lives every single day. We use our smartphones, we Google things, we go on Facebook, we use Microsoft software and so on.
This exchange-traded fund is made up of the world’s biggest technology businesses which are listed on the NASDAQ like Apple, Alphabet (Google), Microsoft, Amazon and Facebook.
I think being a part of the technology growth is a key part of the investing future and it’s important for everyone to get some exposure.
Ramsay Health Care Limited (ASX: RHC)
Ramsay is one of the world’s biggest private hospital operators with large operations in Australia, the UK and France as well as smaller operations in a few other countries.
The ageing demographics of first world countries is fundamentally going to change a lot of things in the future. What it won’t change is the need for hospital beds. Sadly, the oldest cohort of our population is the one most likely to need a hospital visit, which could be a large tailwind for Ramsay as more people enter that age group.
I think that Ramsay could be one of the most defensive options in the ASX100, yet also provide good growth potential.
Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)
Soul Patts has been outperforming the ASX for a very long time, which is the main reason I believe it should be in everyone’s portfolio.
It also ticks a lot of boxes for the fact that it has a diverse portfolio, very shareholder-aligned management, a long-term focus and a growing dividend.
The dividend has grown every year since 2000 and currently sits at 4.62%, grossed-up.
I think all three will beat the market over the long-term and are core portfolio buys. I’d be happy to purchase shares of all three at today’s prices, I’m only missing the NASDAQ ETF from my portfolio at the moment.
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Motley Fool contributor Tristan Harrison owns shares of Ramsay Health Care Limited and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Ramsay Health Care Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.