How I'd invest $10,000 today

If I had $10,000 to invest today, here's how I'd do it.

| More on:
a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Choosing which shares I'd buy changes every week because share prices can increase or decrease substantially over that time.

If I had $10,000 burning a hole in my pocket, here's how I would invest it today:

Crown Resorts Ltd (ASX: CWN) $2,000

I like to be opportunistic if a quality, growing business is going through some short-term trouble.

Crown is definitely going through some trouble with its share price down 10% over the last three months. A couple of scandals involving alleged wrongdoing by employees has seen the market and VIP gamers deserting Crown.

In its annual general meeting (AGM) yesterday Crown updated the market that main floor gaming revenue was slightly up on the prior corresponding period from 1st July to 22nd October, non-gaming revenue increased by 6%.

Crown could be a solid long-term investment at the current price, trading at 21x FY18's estimated earnings.

National Veterinary Care Ltd (ASX: NVL) $3,000

National Vet Care is rapidly growing each year as it acquires more veterinary clinics.

The pet market is a growing industry and vets have quite defensive earnings with how routinely we take our pets to the vet. Around 80% of dogs and two thirds of cats visit the vet each year.

I think National Vet Care has another few years of exciting growth before it runs out of investment targets. It's currently trading at 32x FY17's earnings.

Ramsay Health Care Limited (ASX: RHC) $2,000

Some defensive shares aren't as popular with interest rates rising. Add in uncertainty surrounding private health participation and low growth in the UK & France and this has resulted in Ramsay's share price fall from above $80 to around $67.

The ageing demographics of western countries is clear to see and investors have a good opportunity if they take a long-term approach.

Ramsay is currently trading at 23x FY18's estimated earnings.

WAM Microcap Limited (ASX: WMI) $3,000

WAM Microcap is the newest listed investment company (LIC) to be launched by Wilson Asset Management.

The investment team have gone back to their favourite end of the market by focusing on the smallest stocks on the ASX.

I expect WAM Microcap will soundly beat the market as it already has done since its launch.

Foolish takeaway

I'd be confident in all four picks beating the market over the next three years and that's why three of the four are already in my portfolio.

Motley Fool contributor Tristan Harrison owns shares of NATVETCARE FPO, Ramsay Health Care Limited, and WAM MICRO FPO. The Motley Fool Australia owns shares of Crown Resorts Limited and National Veterinary Care Limited. 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.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »