2 top ASX shares to buy and hold for the next decade

I'm backing these investments for long-term returns.

Today, many ASX shares are trading at a lower prices than they were at the start of the year.

Market sell-offs are not a regular occurrence, and can bring opportunity.

Legendary investor Warren Buffett once explained why these conditions can create appealing buying conditions:

If you expect to be a net saver during the next five years, should you hope for a higher or lower stock market during that period?

Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall.

Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.

With that in mind, the below two ASX shares look very appealing.

aHands pretending to hold the sun with a graphic love heart on top.

Image source: Getty Images

Breville Group Ltd (ASX: BRG)

Breville is one of the world's largest coffee machine businesses. It has a variety of brands including Breville, Sage, Lelit and Baratza. It also has a coffee bean business called Beanz.

The business continues to grow its revenue across its different geographic regions, despite tariffs impacting the company. It reported that in HY26, Americas revenue rose 11.6% to $549.5 million, Asia Pacific revenue increased 5.9% to $190.3 million and EMEA (Europe, the Middle East and Asia) revenue grew 13.7% to $233.8 million.

I think Breville is a top business to own for the long-term because of its expansion into new markets. It's expanding in markets like Mexico, China, the Middle East and South Korea. These are large markets which could become important profit contributors as the countries adopt coffee and Breville grows its market share.

The business is expected by experts to see rising margins and profit in the coming years. Its operating profit (EBIT) margin could be 11.3% in FY26 and steadily climb to 13% by FY30. Meanwhile, the net profit could be $139 million in FY26 and $243 million in FY30.

The Breville share price is currently valued at 29x FY26's estimated earnings, making the ASX share look appealing for its growth outlook.

Global X Fang+ ETF (ASX: FANG)

This exchange-traded fund (ETF) is one of the most effective ways to invest in the large US tech names of Alphabet, Nvidia, Meta Platforms, Amazon, Apple and Microsoft.

There are a total of 10 positions in this portfolio, which are regularly weighted to have a position sizing of 10% in the portfolio.

These businesses are some of the best in the world, in my view. They (and the companies they're invested in (such as OpenAI)) are leaders in areas like AI-related activities, social media, online shopping, online video, internet search, driverless cars, smartphones and so on.

Since the end of October 2025, the FANG ETF unit price has dropped 20%, so this looks like an appealing time to invest in these great businesses at a lower value.

Regardless of what happens next, I think the US tech giants are well positioned with their software offerings and balance sheets to succeed in the years ahead.

Motley Fool contributor Tristan Harrison has positions in Breville Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia and is short shares of Apple. The Motley Fool Australia has recommended Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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