5 Best ASX Shares To HOLD Forever For Long Term Aussie Investors

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 A...
Best ETFs video: • 5 Best ETFs for 2022 i...
Best Vanguard ETF video: • BEST Vanguard ETFs in ...
Referral links
📈 Stake: hellostake.com/referral-progr...
🛍️ Cashrewards: refer.cashrewards.com.au/x/Kq...
😋 Liven: 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.

[@appan6643]

Great video, lot of good information.
Keep up the great work! 🙂👍

[@sirdode6820]

thanks for uploading so many informative videos about the aussie market, pretty sure your the only one doing it

[@ChrisChowShow]

Thanks for watching! Great to hear you find my videos informative :)

[@0731meimei]

Thanks for all these useful videos to investing in Australia :) Suscribed!

[@stevebee5840]

Good video Chris just subscribed

[@myarsenal9672]

Very helpful information mate 🙏🏿 thanks a lot.

[@MaximumUpside]

Great Video 👍

[@winnielai7455]

Thank you

[@bingwang499]

Thanks

[@nithinmn008]

Hi
Could you please also make a video on top ethical and environmentally friendly companies to invest in the asx?
Thanks 😊

[@mickowens9839]

You would think if you want to invest long term you would want a group that give better dividends than these

[@jessiechew4807]

CBA 👍SHL👌XRO 🤔WES 😄WOW 🤨🙏

[@Humanstain1]

Apart from Commsec CBA customer service is absolutely rubbish.

[@HighSchoolNotes]

Are the Hokusai's originals?

[@ChrisChowShow]

They are official prints from the NGV exhibition in Melbourne a few years ago!

[@PrajwolOnta]

Hi,What is vanguard?

[@ChrisChowShow]

Hi Prajwol!
You can learn more about Vanguard in this video I made: th-cam.com/video/FTZUw0ONEqY/w-d-xo.html

[@xiaosucool]

What about CSL?

[@ChrisChowShow]

Thanks for watching!
*This is not financial or investment advice, just my personal opinion*
CSL looks like a good investment:
- it's considered a blue chip share and is in the ASX 20 index
- strong long term past performance
- the company invests around 10% of revenue in R&D

[@tommo2777]

so many video s on how much money you can make if you invested 10 years ago what about investment today for the next 10 years

[@ChrisChowShow]

Thanks for watching Thomas!

[@lightspeed388]

You don't think some undervalued growth stocks would have been a good choice?
I do agree with your choice of SHL...ageing population. But that's probably it.
Good video though, cheers.

[@TryABaconSlice]

He invests in ETFs he is obviously a very conservative investor - probably not the right channel for moonshots