If you have $10,000 ready to invest as we head into March, focusing on quality ASX 200 shares with clear long-term drivers could be a smart way to start the new month.
I would be looking at businesses with strong growth potential and the ability to compound earnings over time.
Here are three ASX 200 shares I would consider.
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Goodman Group (ASX: GMG)
The first ASX 200 share to consider is Goodman Group.
Goodman is a global industrial property specialist with growing exposure to data centres. As ecommerce, logistics, and cloud computing continue to expand, demand for high-quality industrial space and powered data centre sites remains strong.
One of the most compelling parts of the Goodman story is its development pipeline. The group has a substantial work in progress portfolio and continues to partner with major institutional investors to fund new projects. That capital-light partnership model allows it to scale without overextending its balance sheet.
Industrial real estate may not be glamorous, but the structural tailwinds behind logistics and digital infrastructure could continue well into the next decade.
ResMed Inc. (ASX: RMD)
Another ASX 200 share worth considering is ResMed.
ResMed is a global leader in sleep and respiratory care. Ageing populations, rising obesity rates, and increased awareness of sleep health are long-term demand drivers that are unlikely to fade anytime soon.
The company has also been investing heavily in digital health platforms, connecting devices to cloud-based software to improve patient monitoring and outcomes. This creates recurring revenue opportunities and strengthens customer relationships.
And with a total addressable market estimated to be over 1 billion people, Resumes has a very long growth runway.
REA Group Ltd (ASX: REA)
A final ASX 200 share to consider is REA Group.
REA operates Australia's dominant online property listings platform, realestate.com.au. Its competitive position gives it strong pricing power and high margins. Agents and buyers gravitate toward the platform with the most listings and the largest audience, reinforcing its network effect.
In addition, REA continues to expand its data products and premium listing services, which supports revenue growth even in softer markets.
Over time, businesses with entrenched market leadership and scalable platforms can generate impressive compounding returns. I think REA is one of them.
