Want to build long-term wealth?
A good place to start is with ASX 200 shares that have the potential to compound earnings over many years. These are businesses with strong market positions, long growth runways, and the ability to reinvest for the future.
With that in mind, here are two ASX 200 shares that could be worth buying and holding for the next decade.
Image source: Getty Images
Goodman Group (ASX: GMG)
The first ASX 200 share to look at for the long term is Goodman.
It has become one of the most important property groups on the ASX, but it is no longer just a traditional industrial landlord.
The company owns, develops, and manages high-quality logistics, warehousing, and industrial properties in major global markets. These assets are positioned close to cities, transport corridors, and key supply chain hubs.
That is more important than you think because modern businesses need faster delivery, better inventory management, and more efficient distribution networks. Ecommerce, automation, and supply chain resilience have all increased the value of well-located industrial property.
Goodman also has another powerful growth angle: data centres.
As artificial intelligence, cloud computing, and digital services require more infrastructure, demand for data centre capacity could remain strong for many years. Goodman's land holdings, development capability, and global relationships could put it in a strong position to benefit.
Overall, for investors thinking in decades rather than months, that could make it one of the ASX 200's most attractive long-term compounders.
Netwealth Group Ltd (ASX: NWL)
Another ASX 200 share to consider for the long haul is Netwealth.
It is not a household name like a bank or supermarket, but it plays an important role behind the scenes of Australia's wealth management industry.
Its platform helps financial advisers manage client portfolios, administration, reporting, investments, and account structures. That may sound unexciting, but it is exactly the kind of infrastructure that advisers rely on every day.
The strength of the business is in its operating model. As more funds move onto the platform, Netwealth can benefit from scale. Revenue can grow with funds under administration, while technology and automation can help support margins over time.
It is also exposed to a long-term structural tailwind. Australia has a large and growing pool of superannuation and investment wealth, and advisers continue to need modern platforms to serve clients efficiently.
That gives Netwealth a runway that could last well beyond the next year or two.
Competition is strong, but Netwealth has shown that specialist platforms can keep taking share from older incumbents when they deliver a better user experience. Over 10 years, that kind of steady market share gain could be very powerful.
