Revealed: My 5 best ASX share investments of all time

These are the favourite investments I made.

| More on:
Five young boys wearing small caps sit on a bench together watching a baseball game.

Image source: Getty Images

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

ASX shares are a great way to invest for long-term wealth creation. It's so easy being a shareholder – you hardly have to do anything at all each year! I wish all of my investments could be as good as my best ones, but that's how it can work in investing – some go great, others are mediocre.

I'm going to talk about five of my favourite investments (transactions). While they have all done well, I also like the context of when and why I invested.

Altium Limited (ASX: ALU)

My strongest performing ASX share investment to date has been Altium, the maker of electronic PCB design software. It's benefiting strongly from the increasingly technological world we live in – which was a key reason why I invested – and Altium has invested heavily over the years in creating the most compelling offering for engineers, including its cloud offering called Altium 365.

The initial investment has gone up more than 10 times in value for me, with growing dividends along the way.

For me, this is a great example of finding a good business that's worth backing and owning it for the long term. I'll point out there has been plenty of volatility over the last few years.

Fortescue Ltd (ASX: FMG)

Fortescue is one of the biggest iron ore miners in Australia and the world. I was attracted to owning shares in the business because of its green energy ambitions, to produce green hydrogen (and ammonia). It has also expanded into high-performance batteries.

I like my investment in this business because I used weakness in the iron ore price to pounce on the ASX iron ore share. The biggest investment I made in Fortescue was in October 2021 at $14.11 when there were issues with Chinese construction business Evergrande and others. The Fortescue share price has doubled since then and paid many large dividends.

I'm not expecting the Fortescue share price to stay this high forever, and I don't think it's an opportunistic time to invest today because the iron ore price has soared to US$140 per tonne.

WAM Microcap Limited (ASX: WMI)

This is a listed investment company (LIC) that focuses on small-cap ASX shares. I like the potential of small caps, with their growth potential.

Why am I counting this as one of my best? I made an investment in this LIC on 23 March 2020, the worst day of the COVID-19 crash and got it for 87 cents per share. Looking back, I'm proud of myself that I was brave at that extremely uncertain time.

For the FY23 dividend, my grossed-up yield on cost was 17%, so that investment is 'paying dividends' for me very nicely.

Temple & Webster Group Ltd (ASX: TPW)

This is an investment I've only just made in the last couple of months. My average cost was $5.43, so it has gained a lot in a short amount of time (which was lucky).

I think this investment has shown the merit of investing in a growing business at a good price, particularly when the short-term outlook is worrying. I like the long-term potential of the adoption of e-commerce and the company's plans.

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

Soul Pattinson is an investment house that owns a variety of assets and ASX shares. It's steadily investing in more opportunities. I invested at a share price of $16.50 in February 2017 and $17.20 in early April 2020, so it has roughly doubled since then.

I think this investment shows the power of compounding over time. Soul Pattinson isn't a fast-growth ASX tech share, it's just steadily building year after year, which is helping grow its underlying value.

Motley Fool contributor Tristan Harrison has positions in Altium, Fortescue, Temple & Webster Group, Wam Microcap, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Altium, Temple & Webster Group, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Best Shares

A businessman holding a butterfly net looks around hoping to snare a good ASX share investment
Best Shares

Top ASX shares to buy in April 2024

Our Foolish writers are chock-full of stock ideas this month!

Read more »

A smiling young surf life saver at the beach shouts out on a megaphone.
Best Shares

Top ASX shares to buy in March 2024

Shout out for the first day of autumn! Are you letting 2024's ASX gains flow your way?

Read more »

A businessman hugs his computer and smiles.
Best Shares

5 ASX shares to buy and hold forever in your investment portfolio

Here are my five picks for a future-proof ASX share portfolio.

Read more »

Three hikers lift their arms in jubilation as they reach a rocky peak overlooking a sensational view of water and mountains with a blue sky surrounding them.
Best Shares

Top ASX shares to buy in February 2024

The Aussie stock market is scaling new heights. Are you getting in on the action?

Read more »

A girl is handed an oversized ice cream cone with lots of different flavours.
Best Shares

Top 5 most profitable ASX large-cap shares of 2023

These big and bustling companies were the King Kongs of profitability last year.

Read more »

A woman looks internationally at a digital interface of the world.
Best Shares

In a record year for ETFs growth, this ASX crypto fund returned 215%

Crypto and technology ETFs delivered the highest returns for ASX and Cboe Australia investors in 2023.

Read more »

a man with a wide, eager smile on his face holds up three fingers.
Best Shares

3 no-brainer ASX 300 shares I'd buy right now without hesitation

I don't like buying shares near record highs, but I'd make an exception for these three...

Read more »

An older woman clasps her hands with joy, smiling at the news on her computer as she sits at her kitchen bench..
Best Shares

Which had the better year in 2023: Telstra, Woodside or Wesfarmers shares?

We review the share price growth and dividends paid by these popular ASX 200 shares last year.

Read more »