I believe that buy and hold investing is one of the best ways to build wealth.
But don't worry if you're not a fan of stock-picking, because exchange traded funds (ETFs) are here to save the day.
They offer simple access to large groups of stocks in one fell swoop, which removes the need to pick individual stocks.
With that in mind, here are three ASX ETFs that I would buy for the long term:
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Betashares Global Cash Flow Kings ETF (ASX: CFLO)
The Betashares Global Cash Flow Kings ETF could be a great buy and hold option.
Rather than focusing on hype or short-term market momentum, this fund focuses on profitability, operational discipline, and financial resilience. It includes stocks like Palantir (NASDAQ: PLTR), Visa (NYSE: V), and Alphabet (NASDAQ: GOOGL).
Companies that consistently generate strong cash flow can reinvest in growth, buy back shares, acquire competitors, or raise dividends. Over decades, that creates an enormous wealth-building effect, making this fund a potentially powerful foundation for generational portfolios.
It was recently recommended by analysts at Betashares.
Betashares Global Cybersecurity ETF (ASX: HACK)
Cybersecurity has become one of the most essential industries in the digital economy, and the Betashares Global Cybersecurity ETF provides simple access to the world leaders in the space.
This includes the likes of CrowdStrike Holdings (NASDAQ: CRWD), Palo Alto Networks (NASDAQ: PANW), and Fortinet (NASDAQ: FTNT). These are companies using advanced AI-powered tools to protect governments, corporations, and consumers from increasingly complex cyber threats.
With cyberattacks rising globally and businesses moving more systems into the cloud, cybersecurity spending is expected to grow steadily for years to come.
Betashares Global Quality Leaders ETF (ASX: QLTY)
Another top buy and hold option could be the Betashares Global Quality Leaders ETF.
This ASX ETF invests in global stocks with strong balance sheets, consistent profitability, and high returns on capital.
Its portfolio currently includes high-quality stocks such as Visa (NYSE: V), Johnson & Johnson (NYSE: JNJ), Accenture (NYSE: ACN), and L'Oreal (FRA: LOR). These are market leaders with pricing power and resilient earnings.
For buy and hold investors, the Betashares Global Quality Leaders ETF could be attractive because it emphasises a focus on quality. It aims to smooth out some of the bumps that come with growth investing, making it a solid core holding for those who want steadier long-term returns.
It was also recently recommended by analysts at Betashares.
