The Motley Fool

2 easy ASX shares for a starter portfolio

From talking to friends and family who have a vague goal of ‘starting out’ with investing, my conclusion can only be that investing seems to be on par with going to the dentist for procrastination enthusiasm.

This is disturbing for me in many ways – as I personally think investing is far less painful and far more rewarding than an oral clean (albeit less important to your physical health).

So if you’re reading this, and you’ve been guilty of this sin – have no fear. Here are 2 easy options for a first investment that require minimal effort on your part.

iShares Global Healthcare ETF (ASX: IXJ)

This exchange traded fund (ETF) is a great choice for beginners for a few reasons. Firstly, being an ETF, you don’t have to worry about choosing shares yourself. IXJ automatically tracks a group of the biggest healthcare companies in the world, leaving you out of the tough decisions. Some of its current top holdings include Johnson & Johnson, Pfizer and Novartis.

Secondly, I think healthcare is one of the safest sectors to invest in – no tech disruption is likely to remove the need for humans to get good quality medical care (especially as we all live longer). For these reasons, I think IXJ will make a great choice for ay starter portfolio (or any portfolio really).

Australian Foundation Investment Co Ltd (ASX: AFI)

AFIC is a listed investment company (LIC) and one of the oldest on the market, having started life way back in 1928. AFIC is similar to an ETF in the way that it outsources the decision making for you – you are leaving it up to AFIC’s management team to invest your money on your behalf.

This company has a reputation for slow-and-steady, conservative type investing with a focus on strong dividend payments. Its top investments are typically ASX blue-chips like Commonwealth Bank of Australia (ASX: CBA) and BHP Group Ltd (ASX: BHP). I think this investing style is fantastic for new investors – you won’t be seeing wild swings in this company’s share price most of the time.

Foolish takeaway

I think these two investments would be perfect for anyone who has been procrastinating when it comes to getting started in investing. Both options are fairly ‘hands-off’ and easy to get your head around – so what are you waiting for?

You can also have a look at our new ASX dividend picks below if you'd like some more passive income on the side.

Top 3 Dividend Shares To Buy For 2020

When Edward Vesely -- our resident dividend expert -- has a stock tip, it can pay to listen. With huge winners like Dicker Data (up 147%) and Collins Food (up 105%) under his belt, Edward is building an enviable following amongst investors that are planning for retirement.

In a brand new report, Edward has just revealed what he believes are the 3 best dividend stocks for income-hungry investors to buy now. All 3 stocks are paying growing fully franked dividends giving you the opportunity to combine capital appreciation with attractive dividend yields.

Best of all, Edward’s “Top 3 Dividend Shares To Buy For 2020” report is totally free to all Motley Fool readers.

Click here now to access this free report.

Motley Fool contributor Sebastian Bowen has no position in any of the 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 Scott Phillips.

FREE REPORT: Five Cheap and Good Stocks to Buy now…

Our Motley Fool experts have FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.7% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.