3 shares I think every investor should own

These three shares are worth being in every portfolio.

| 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

There aren't many shares on the ASX that I think every investor should own. Some shares are too speculative, some shares won't be market beaters and some shares could go out of fashion pretty quickly.

However, there are a few that I think fit all the criteria. Here are three of them:

BETANASDAQ ETF UNITS (ASX: NDQ)

Technology is an integral part of our lives every single day. We use our smartphones, we Google things, we go on Facebook, we use Microsoft software and so on.

This exchange-traded fund is made up of the world's biggest technology businesses which are listed on the NASDAQ like Apple, Alphabet (Google), Microsoft, Amazon and Facebook.

I think being a part of the technology growth is a key part of the investing future and it's important for everyone to get some exposure.

Ramsay Health Care Limited (ASX: RHC)

Ramsay is one of the world's biggest private hospital operators with large operations in Australia, the UK and France as well as smaller operations in a few other countries.

The ageing demographics of first world countries is fundamentally going to change a lot of things in the future. What it won't change is the need for hospital beds. Sadly, the oldest cohort of our population is the one most likely to need a hospital visit, which could be a large tailwind for Ramsay as more people enter that age group.

I think that Ramsay could be one of the most defensive options in the ASX100, yet also provide good growth potential.

Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

Soul Patts has been outperforming the ASX for a very long time, which is the main reason I believe it should be in everyone's portfolio.

It also ticks a lot of boxes for the fact that it has a diverse portfolio, very shareholder-aligned management, a long-term focus and a growing dividend.

The dividend has grown every year since 2000 and currently sits at 4.62%, grossed-up.

Foolish takeaway

I think all three will beat the market over the long-term and are core portfolio buys. I'd be happy to purchase shares of all three at today's prices, I'm only missing the NASDAQ ETF from my portfolio at the moment.

Motley Fool contributor Tristan Harrison owns shares of Ramsay Health Care Limited and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Ramsay Health 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 »