3 ASX ETFs that Could Quietly Make You Rich over 20 Years
2 Articles
2 Articles
3 ASX ETFs that could quietly make you rich over 20 years
When it comes to building wealth, following in the footsteps of Warren Buffett is never a bad idea. The Oracle of Omaha has built a fortune by owning high-quality assets, staying patient, and letting compounding do the heavy lifting. The good news for Australian investors is that ASX exchange-traded funds (ETFs) make that approach incredibly simple. With just a few holdings, you can build a globally diversified portfolio designed to grow steadil…
How to Build A Diversified Portfolio with ASX ETFs
Diversification is key when it comes to creating an investment portfolio. Despite the temporary, sudden downturns caused by the 2007-2009 global financial crisis and the 2020-2021 COVID pandemic, the value of the ASX increased by more than 160% between 2000 and 2024, as evidenced by the growth in the ASX 200 market index. This demonstrates that it’s better to invest in a variety of shares rather than sticking to just a few. You can create your o…
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