If you’re new to investing and aren’t sure which ASX shares to buy, then you could consider exchange traded funds (ETFs) instead.

ETFs provide an easy way to invest in a large number of shares through a single investment, allowing investors to create a diverse portfolio with relative ease.

But which ETFs would be top options for beginners in 2023? Two that could be worth considering are listed below:

BetaShares NASDAQ 100 ETF (ASX: NDQ)

The first ETF that could be a great option for beginners is the BetaShares NASDAQ 100 ETF.

This ETF provides investors with access to 100 of the largest (non-financial) companies listed on the famous NASDAQ exchange.

Among the high quality shares that you’ll be buying a slice of are global giants such as Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft, Netflix, Nvidia, and Tesla. BetaShares highlights that this provides investors with access to a high-growth potential sector that is under-represented on the Australian share market.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

Another ETF that could be a great option for beginner investors is the VanEck Vectors Morningstar Wide Moat ETF.

This ETF could be particularly good if you’re a fan of Warren Buffett and want to follow his investment style.

That’s because this Buffett-inspired ETF gives investors access to a group of fairly valued companies that have sustainable competitive advantages (or moats). These are qualities that Buffett looks for when identifying investments.

There are approximately 50 shares included in the index at any given time. At present, this includes the likes of Adobe, Alphabet, Etsy, Kellogg Co, Salesforce, and Walt Disney.

The post 2 of the best ETFs for beginner investors to buy now appeared first on The Motley Fool Australia.

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More reading

• 3 ASX ETFs you might not know pay dividends
• 3 popular ETFs that could be top picks right now
• 2 ASX ETFs I’d buy for a tech rebound in 2023
• 3 wonderful ETFs for ASX investors to buy next week
• The Netflix share price just popped. Here’s one way to buy in on the ASX

Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended VanEck Morningstar Wide Moat ETF. 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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It only takes a little bit of investing knowledge and common sense to know if some ASX exchange-traded funds (ETFs) pay out dividend distribution.

For example, it would be a pretty safe bet that the Vanguard Australian Shares High Yield ETF (ASX: VHY) or the iShares S&P/ASX Dividend Opportunities ETF (ASX: IHD) are dividend payers by virtue of their names alone.

And most investors know that many, if not most, ASX shares are dividend payers, so it would also be a relatively safe assumption that an ASX-based index fund like the Vanguard Australian Shares Index ETF (ASX: VAS) would also dole out periodic income to its investors.

But let’s talk about some ASX ETFs that might not be such prominent dividend payers but still give their investors plenty of income.

BetaShares Nasdaq 100 ETF (ASX: NDQ)

This ETF from BetaShares is an index fund that tracks America’s NASDAQ-100 Index (NASDAQ: NDX). This index comprises the 100 largest companies that list on the NASDAQ exchange, excluding financial shares. The NASDAQ is known for housing most of the US tech shares. So you’ll find the likes of Apple, Alphabet, Tesla and Amazon dominating this ETF.

Many US tech shares, including Apple and Microsoft, pay dividends. As such, so too does this ETF. Over the past 12 months, this ETF has given its unit holders a total of $2.04 per unit of dividend distribution income. That gives this ETF an impressive trailing yield of 7.7%.

BetaShares Global Cybersecurity ETF (ASX: HACK)

Another ETF from provider BetaShares, this one covers a specific sector in cybersecurity. Its portfolio is dominated by US shares. But there are companies from Israel, India, France and Japan in there too. Some of the fund’s top holdings include Okta, Broadcom, Fortinet and Cisco Systems.

Just like with our last ETF, this fund also houses dividend payers, which include Cisco and Broadcom. Its last dividend distribution came to 68 cents per unit, which gives this fund a trailing yield of 8.74% on current prices.

Global X FANG+ ETF (ASX: FANG)

Last but not least, we have another tech-focused ETF from provider Global X. This ETF is a relatively concentrated one, holding just 10 shares in its portfolio. These include the FANG stocks that give the fund its name: Meta Platforms (formerly Facebook), Apple, Amazon, Netflix and Alphabet (owner of Google).

But you’ll also get Snowflake, Microsoft, Tesla, NVIDIA and AMD (the ‘+’). This ETF’s last distribution was the 68.64 cents per share payment from July last year. That gives the Global X FANG+ ETF a trailing yield of 5.58% on current pricing.

The post 3 ASX ETFs you might not know pay dividends appeared first on The Motley Fool Australia.

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More reading

• Looking for ASX growth shares? I rate these 2 as buys
• Time to return to tech? Here are 2 ASX tech ETFs to buy
• 3 popular ETFs that could be top picks right now
• 2 ASX ETFs I’d buy for a tech rebound in 2023
• Top ASX growth shares to buy in 2023

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor Sebastian Bowen has positions in Alphabet, Amazon.com, Apple, Meta Platforms, Microsoft, Netflix, Tesla and Vanguard Australian Shares Index ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Advanced Micro Devices, Alphabet, Amazon.com, Apple, BetaShares Global Cybersecurity ETF, BetaShares Nasdaq 100 ETF, Meta Platforms, Microsoft, Netflix, Nvidia, Snowflake, and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Alphabet, Amazon.com, Apple, Meta Platforms, Netflix, Nvidia, and Vanguard Australian Shares High Yield ETF. 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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Today was a wobbly one for the S&P/ASX 200 Index (ASX: XJO). It jumped in and out of the green over the course of Monday before ultimately closing 0.16% lower at 7,481.7 points.

That was despite a 2.3% gain posted by the S&P/ASX 200 Information Technology Index (ASX: XIJ). The sector’s strong performance followed a 1% overnight lift from the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC).

Also trading in the green was the S&P/ASX 200 Communication Index (ASX: XTJ). It rose 1.1% led by the Seek Ltd (ASX: SEK) share price’s 4.5% surge.

Meanwhile, the S&P/ASX 200 Health Care Index (ASX: XHJ) weighed heavy, falling 0.7%. Its biggest fall was posted by the ResMed Inc (ASX: RMD) share price, which dropped 6.8% on the back of the company’s latest quarterly update.

But while the broader ASX 200 struggled on Monday, some of its constituents soared. Let’s take a look at the 10 shares that outperformed all others today.

Top 10 ASX 200 shares countdown

Today’s top-performing ASX 200 share was none other than favourite Core Lithium Ltd (ASX: CXO).

Stock in the company soared 8.85% to close at $1.23 on the release of its quarterly update.

These shares made today’s biggest gains:

ASX-listed company	Share price	Price change
Core Lithium Ltd (ASX: CXO)	$1.23	8.85%
Novonix Ltd (ASX: NVX)	$1.935	7.5%
Lynas Rare Earths Ltd (ASX: LYC)	$9.71	6.94%
Paladin Energy Ltd (ASX: PDN)	$0.86	6.83%
Lake Resources N.L. (ASX: LKE)	$0.875	6.06%
Sayona Mining Ltd (ASX: SYA)	$0.295	5.36%
WiseTech Global Ltd (ASX: WTC)	$60.59	5.23%
Seek Ltd (ASX: SEK)	$24.39	4.5%
Domain Holdings Australia Ltd (ASX: DHG)	$3.24	4.18%
Block Inc (ASX: SQ2)	$116.70	3.83%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Monday
• Why lithium prices could be ‘higher for longer’: Macquarie
• Why Block, Core Lithium, Lynas, and Xero shares are charging higher today
• These are the 10 most shorted ASX shares
• Core Lithium share price marches higher as key quarterly milestones achieved

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Block, ResMed, and WiseTech Global. The Motley Fool Australia has positions in and has recommended Block, ResMed, and WiseTech Global. The Motley Fool Australia has recommended Seek. 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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There are arguably two types of Australians: Those that relish the nine-to-five grind and those that don’t. For those in the latter group, living a never-ending weekend while raking in a ‘wage’ probably sounds like a dream come true. Fortunately, ASX dividend shares can offer such passive income.

And building a ‘wage’ through investing in Aussie stocks need not be overly expensive.

I believe that by regularly setting aside funds to buy undervalued, high-quality ASX dividend shares, I could begin preparing an early retirement (or second wage) in 2023. Here’s how.

How much do I need to invest to see my wage in dividends?

As of August 2022, the average Australian employee was paid $1,250 each week, according to the Australian Bureau of Statistics. That’s around $65,000 annually, pre-tax. So, let’s use that as our base.

If one was to realise a notable – but not impossible – annual dividend yield of 8%, one would need an $815,000 portfolio to receive around $65,000 each year in dividend income.

If you’re anything like me, that’s far from pocket change! Fortunately, it doesn’t need to be invested all at once. Here’s how I would build it up over the years.

Building a portfolio using compounding

If I were aiming to build a portfolio of dividend shares capable of growing to be worth $815,000, I’d focus on compounding my earnings for now.

By reinvesting any dividend income in shares, I could build up my holdings without forking out extra cash.

I think I could put $250 of the average $1,250 weekly wage aside to invest.

If I did so, and I could realise an 8% yield while reinvesting all my dividends, my portfolio could be worth around $815,000 in under 24 years. That could feasibly see me retiring by 2047.

If I made some lifestyle changes, I could potentially stretch my wage further.

By investing $500 a week, I could reach my goal in under 17 years. That could potentially allow me to kick back for the remainder of my ‘working’ days from 2040.

Identifying ASX dividend shares to buy

Of course, realising a consistent 8% dividend yield is a hard – but not impossible – ask.

Right now, S&P/ASX 200 Index (ASX: XJO) companies like BHP Group Ltd (ASX: BHP), Woodside Energy Group Ltd (ASX: WDS), and Cromwell Property Group (ASX: CMW) each offer yields of around 8%.

Though, higher yields can also come with greater risks. On the other hand, a lower yield would increase the time it would take to reach my goal.

Fortunately, I think there’s a middle ground. An investor buying ASX value shares that are also capable of paying dividends may find themselves receiving higher returns when their investment’s true worth is realised.

Identifying value shares is notoriously tricky. And it’s likely made trickier if one is seeking passive income on top. However, it can be done.

If that was my aim, I would analyse a company’s business, its true value, balance sheet, and strengths and weaknesses to assess whether it might be able to grow its valuation and payouts in the future.

Still, even the most considered investment can’t be guaranteed to provide either dividends or capital gains.

The post Sick of the grind? Here’s how I’d aim to replace my wage with dividend income in 2023 appeared first on The Motley Fool Australia.

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More reading

• Investing in ASX 200 energy shares? Here’s why the oil price may already have hit its 2023 lows
• Why is the BHP share price slipping on Monday?
• Is now the time to load up on Woodside shares?
• Invested $5,000 in BHP shares 5 years ago? Here’s how much passive income you’ve earned
• 5 things to watch on the ASX 200 on Monday

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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