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Here’s where I would invest $30,000 in the share market

Considering interest rates are at a record low and showing no signs of increasing this year, I would much rather invest my savings in the share market than leave it to gather dust in a high interest savings account.

If I had $30,000 of savings, I would consider investing it evenly across these three shares:

The CSL Limited (ASX: CSL) share price has been a huge mover so far this year, climbing a massive 33%. Whilst it is by no means a bargain buy any more, I still think the fast-growing biotherapeutics company could be a great buy and hold investment option. Thanks to its lucrative immunoglobulins business and its fledgling Seqirus influenza vaccine business, I believe the company is in a position to deliver strong earnings growth for the next decade.

The Ramsay Health Care Limited (ASX: RHC) share price may have climbed around 5% year-to-date, but I don’t believe it is too late to invest in this private hospital operator. Demand for its services is expected to grow strongly over the next decade thanks largely to ageing populations, increased chronic disease burden, and improvement in treatments. Because of these strong long-term tailwinds, I feel 30x trailing earnings is a reasonably fair price to pay to own its shares.

Although the Telstra Corporation Ltd (ASX: TLS) share price has rebounded off its recent multi-year low, I still believe it is great value for money right now. Especially with its trailing fully franked 7% dividend. While there are concerns over competitive pressures in the industry, I feel that Telstra still has an advantage due to its high quality and extensive mobile network.

Finally, here are even more fast-growing blue-chip shares which I think could be in the buy zone today.

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks means stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool's in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool's Top 3 Blue Chip Stocks for 2017."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

If you're expecting to see the likes of Commonwealth Bank, Telstra and Wesfarmers shares on this list, you'll be sorely disappointed. Not only are their dividends growing at a snail's pace, their profits are under pressure too due to the increasing competitive environment.

The contrast to these "new breed" blue chips couldn't be greater... especially the very real prospect of significant share price gains, something that's looking less likely from the usual blue chip suspects.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand - and how quickly the share prices of these companies moves - we may be forced to remove this report.

Click here to claim your free report.

The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Telstra Limited. Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

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