2 rapidly growing ASX shares to buy fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
2 outstanding ASX shares to buy and hold
James Mickleboro | April 8, 2021 3:46pm |
More on: Image source: Getty Images
One of the ways that Warren Buffett has generated significant wealth over the last six decades is through buy and hold investing.
If the Oracle of Omaha finds a company that he likes, he will invest and not sell shares unless something breaks his investment thesis. The beauty of this strategy is that it allows investors to benefit greatly from compounding.
Compounding explains why a 10% per annum return will turn $10,000 into $11,000 in one year and into ~$26,000 in ten years.
With that in mind, I have picked out two ASX shares that could be great candidates for a buy and hold investment. They are as follows:
2 fast-growth ASX tech shares that have been sold off
Tristan Harrison | April 5, 2021 8:50am |
More on: Image source: Getty Images
There are some fast-growth ASX tech shares that have been sold off in recent weeks and could be worth thinking.
Some businesses have been going up over the last few weeks such as
Domino’s Pizza Enterprises Ltd.(ASX: DMP).
However, there are also some ASX tech shares that have been falling despite reporting growth:
The Redbubble share price has fallen 11% since 16 March 2021. Redbubble shares have been heading downwards over the last few weeks as markets worried about interest rates and inflation, and investors responded to Redbubble’s half-year result.