5 Best ASX Shares To HOLD Forever For Long Term Aussie Investors
Chris Chow Show Chris Chow Show
4.21K subscribers
63,990 views
0

 Published On May 27, 2021

If you’re watched my videos about investing, you’ll know that I’m a strong believer in investing in ETFs instead of picking individual shares. But I also know that a lot of people want to invest in individual stocks.

So in this video, I’m going to share with you 5 Aussie shares to buy and hold not just forever but 5ever.

Best US stocks to buy and hold forever:    • 6 Best US Stocks for AUSSIES To HOLD ...  
Best ETFs video:    • 5 Best ETFs for 2022 in Australia  
Best Vanguard ETF video:    • BEST Vanguard ETFs in Australia on th...  

Referral links
📈 Stake: https://hellostake.com/referral-progr...
🛍️ Cashrewards: https://refer.cashrewards.com.au/x/Kq...
😋 Liven: https://app.liven.com.au/n5I1CFwhLfb
--------
🤝 BE MY FRIEND 🤝
Facebook -   / chrischowshow  
Instagram -   / chrischowshow  
TikTok -   / chrischowshow  
Twitter -   / chrischowshow  

Disclaimer: I am not a financial adviser, I am not an accountant, I am not a tax adviser. This video and my channel is for general information only, as with anything in life you should do your due diligence and seek independent advice.
--------

The 1st Aussie share to buy and hold forever is Commonwealth Bank of Australia ticker symbol CBA. This is a pretty obvious choice not only is Commbank the largest of the big 4 banks by market cap, it’s also one the largest listed companies on the ASX full stop.

The bank was founded all the way back in 1911 by the federal government. It fully privatised in 1996 and now provides a variety of financial services including retail, business and institutional banking, wealth management, superannuation, insurance and broking services.

It also owns Bankwest which it bought back in 2008 and Aussies Home Loans.

I know the video title says forever but from a practical standpoint, let’s take a look at CBA share price over the last 10 years - it’s increased from $50.35 to $96.58 representing a 190% return not including dividends. And for the 2020 financial year, cash net profit of $7.3 billion

As always, remember that past performance is no guarantee of future results.

Next on my my list is Sonic Healthcare, ticker symbol SHL

Sonic Healthcare Limited is a medical company that specializes in diagnostics services. Specifically the company provides pathology/laboratory medicine, so think genetic testing, blood tests and prenatal testing. It also provides imaging/radiology services including X Rays, CT scans, Mammograms and ultrasounds.

Sonic health listed on the ASX all the way back in 1987 and through a series of international acquisitions, it now operates in Australia, New Zealand, United States, United Kingdom, Germany, Switzerland, Belgium, and Ireland. In fact it is the largest medical laboratory provider in Australasia and Europe and the third largest in the US, employing over 37,000 people.

In the 2020 financial year it generated A$6.8 billion in revenue with a net profit of A$528 million. And over the last 10 years it’s share price has gone from $12.30 to $35.36 representing a 280% return not including dividends.

Xero XRO is a business and accounting software provider for small business owners, accountants and bookkeepers.

Xero uses a software-as-a-service (SaaS) model and listed on the ASX in 2012. It’s headquartered in Wellington, New Zealand, and has quickly become the go to option for small and medium-sized businesses when it comes to accounting software, in fact it has more than 2.74 million subscribers worldwide in 2021.

Xero’s share price has skyrocketed from $5.50 to $112.50 in the last 9 years, representing a massive 20x return. That means if you had invested $1000 back in 2012, your shares would be worth a cool $20k.

My fourth best Aussie stock to hold forever is Wesfarmers, ticker symbol WES.

Wesfarmers Limited is a conglomerate with businesses in Australia and New Zealand across the retail, chemicals, and industrial sectors.

Founded back in 1914 as the Western Australian farmers co-operative, it’s now has become the largest employer in Australia and includes many well know Aussies brands including:
Bunnings
Officeworks
Kmart
Target
Catch.com.au

It also has stakes in Coles and Flybuys.

In the last 10 years, Wesfarmers share price has grown from $23.95 to $54.20, which translates into a 226% return not including dividends.

And for my last pick for the best Aussie stock to hold forever is Woolworths, ticker symbol WOW

The Woolworths Group Limited consists of several businesses including obviously Woolworths, Countdown which operates 181 stores in New Zealand and discount retailer Big W.

In the last 10 years, Woolworths share price has grown from $27.41 to $40.68, which translates into a 148% return not including dividends.

show more

Share/Embed