When it comes to buying, selling, and investing in ASX shares, I like to keep one of the legendary Warren Buffett’s quotes in mind.

In his 1988 letter to the shareholders of Berkshire Hathaway Inc, Buffett said the following:

We expect to hold these securities [Coca-Cola and Freddie Mac] for a long time. In fact, when we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.

When I buy an ASX share, I also keep in mind another Buffett quote, “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

If you never have to worry about what price you’d sell an ASX share for, it takes away half of the stress of investing in it.

With that in mind, here are three ASX shares that I would buy with the full intention of having them in my brokerage account when I die.

2 ASX 200 shares I would never sell

Washington H. Soul Pattinson and Co Ltd (ASX: SOL)

Washington H. Soul Pattinson, or Soul Patts as it’s more easily known, is an ASX 200 veteran investment house. Its primary business is owning a portfolio of other ASX shares and assets on behalf of its investors. Soul Patts just reported its latest earnings this morning, and boy, were they impressive.

The company reported a 38.4% rise in profits, as well as a 21.4% hike to its dividend. But this company has been delivering for its shareholders for decades.

In its report today, the company proudly announced that it has achieved an average shareholder return for its investors of 12.4% per annum over the past 20 years. That’s an outperformance of 3% per year over the broader market. That’s enough to convince me that this ASX share is a timeless winner.

Brickworks Ltd (ASX: BKW)

Another ASX 200 winner in my view is building and construction materials company Brickworks. As it happens, Brickworks also reported its latest earnings this morning. And they were just as impressive as Soul Patts’. Profits were up a pleasing 24%, which allowed Brickworks to boost its dividend by 5%.

While not quite as impressive as Soul Patts’ historical performance, Brickworks still told investors that it has delivered an annual return of 10% over the past 20 years. This company also has the distinction of not cutting its dividend in more than 40 years.

Brickworks has astutely built up a portfolio of other assets, including shares and property, that help it survive the cyclical nature of its core business. Due to its long and proud history of delivering for shareholders, this is another company you couldn’t convince me to part ways with.

The post Here is a pair of ASX 200 shares I would buy and never sell appeared first on The Motley Fool Australia.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Thursday
• Want to bank more passive income? This ASX 200 bank share’s dividend yield outstrips all others
• Is this the cheapest ASX 200 dividend share to buy today?
• Why is the National Storage share price down 5% today?
• Why Brickworks, Healius, Mincor, and Northern Star shares are rising today

Motley Fool contributor Sebastian Bowen has positions in Berkshire Hathaway, Coca-Cola, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Berkshire Hathaway, Brickworks, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2024 $47.50 calls on Coca-Cola. The Motley Fool Australia has positions in and has recommended Brickworks and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Berkshire Hathaway. 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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The S&P/ASX 200 Index (ASX: XJO) is sadly back in the red today after what was an encouraging few days of trading. After the strong recovery we witnessed over the past two days, the ASX 200 is back to a loss so far this Thursday.

At the time of writing, the Index is presently nursing a 0.69% fall, which has dragged the ASX 200 back under 7,000 points.

That’s not a reason to pack up and go home though. So let’s focus on something else — the shares that are currently topping the ASX 200’s share trading volume charts right now, according to investing.com. See if you can spot a trend with today’s stocks.

The 3 most traded ASX 200 shares by volume this Thursday

Core Lithium Ltd (ASX: CXO)

After a long absence from this list, ASX 200 lithium share Core Lithium returns first up today. So far this session, a hefty 20.16 million Core shares have made their way across the ASX boards. We have seen some news out of this lithium miner this Thursday.

As we covered this morning, Core has announced a lithium spodumene concentrate sales agreement with Chinese company Sichuan Yahua from its Finniss lithium project. But investors don’t seem too impressed, with Core Lithium shares down a nasty 3.54% so far today to 76 cents a share.

It was even worse this morning too, with the company dropping as low as 72 cents (down almost 7%). All of these developments probably explain the high volumes we are seeing.

Pilbara Minerals Ltd (ASX: PLS)

Next up we have another ASX 200 lithium stock in Pilbara Minerals. A sizeable 33.53 million Pilbara shares have swapped hands as it currently stands.

Unlike Core Lithium, we haven’t had any news out of Pilbara this session to speak of. However, Pilbara is also suffering a depressing share price loss over today’s trade thus far. At present, the leading lithium share is suffering a 4.44% fall to trade at $3.44 each after falling close to 7% this morning. It looks like this drop is to blame for the high trading volumes on display.

Sayona Mining Ltd (ASX: SYA)

Our third, final, and most traded ASX 200 share today is yet another lithium producer in Sayona Mining. This session has seen a whopping 52.75 million Sayona shares bought and sold on the markets so far. This looks like a very similar situation to that of Pilbara – no news but a big share price drop.

Unfortunately for Sayona investors, this lithium share has cratered by a horrid 7.5% today, down to 18.5 cents a share. This loss, together with Sayona’s relatively large share count, is the likely reason this company leads out trading volumes this Thursday.

The post Here are the 3 most heavily traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia.

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More reading

• Want to bank more passive income? This ASX 200 bank share’s dividend yield outstrips all others
• Why is the Pilbara Minerals share price sliding today?
• Investing in ASX 200 lithium shares? You’ll want to read this
• Why are ASX lithium shares sinking today?
• Why Core Lithium, National Storage, OFX, and Polynovo shares are dropping today

Motley Fool contributor Sebastian Bowen 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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It has been a great day for the Panoramic Resources Ltd (ASX: PAN) share price.

In afternoon trade, the ASX nickel share is up 15% to 15.5 cents.

Investors have been scrambling to buy its shares after it was the subject of a bullish broker note.

Who is bullish on this ASX nickel share?

The team at Morgans is bullish on Panoramic Resources and is tipping major upside for its shares over the next 12 months.

According to a note, the broker has retained its add rating with a 25 cents price target.

Based on the current Panoramic Resources share price, this implies potential upside of 61% for this ASX nickel share between now and this time next year.

Why is Morgans bullish?

The broker notes that Panoramic Resources has just released an updated mine plan for the Savannah Nickel Operation, which underlines a 12+ year operating life, with strong upside to extend.

In addition, it highlights that its operations are steadily ramping up and design production levels are forecast to achieve its target mine rate of 960ktpa in early FY 2024.

Morgans believes this leaves it well-placed to deliver strong earnings growth in the coming years. In fact, it is forecasting a net profit of $5.8 million this year. After which, it forecasts $22.2 million in FY 2024 and $43.4 million in FY 2025.

In light of this, the company is the broker’s preferred nickel exposure on the ASX right now. It commented:

PAN is our preferred nickel exposure on the ASX with a 12+ year mine life, on track to reach nameplate production this year, and significant exploration at both Savannah, Savannah North and regional targets.

While our DCF valuation is built on PAN’s published study operating life only, based on recent positive drilling results beneath Savannah workings, and open-ended mineralisation at Savannah North, we see strong potential to increase the mine life through upcoming exploration and Resource definition drilling to re-classify Inferred and Indicated Resources into mineable Reserves.

PAN also produces copper and cobalt in concentrate, giving significant by-product credits and additional revenue over the life of mine.

The post Buy this ASX nickel share for 60%+ upside: Morgans appeared first on The Motley Fool Australia.

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More reading

• Want to bank more passive income? This ASX 200 bank share’s dividend yield outstrips all others
• ASX 200 gold shares are defying today’s sell-off. Here’s why
• How to make $500 of monthly income from CBA shares
• Is this the cheapest ASX 200 dividend share to buy today?
• Buy this ASX ETF for retirement income

Motley Fool contributor James Mickleboro 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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No doubt, some market watchers consider S&P/ASX 200 Index (ASX: XJO) bank shares a boring investment. But what if I told you one ASX 200 bank share currently boasts a dividend yield of more than 7%.

That’s right, one of Australia’s biggest banks offers a passive income-to-share price ratio many mining stocks would envy.

So, which S&P/ASX 200 Financials Index (ASX: XFJ) giant is behind the burgeoning dividend stat? Keep reading to find out.

The highest dividend yield of all ASX 200 bank shares is….

ASX 200 investors would be hard-pressed to avoid bank stocks. Indeed, the financial sector accounts for nearly a third of the entire index’s value.

But it’s not $164 billion financial giant Commonwealth Bank of Australia (ASX: CBA) that offers the highest dividend yield. Nor is it one of its big four peers.

That crown goes to regional competitor Bank of Queensland Ltd (ASX: BOQ). Take a look for yourself:

ASX 200 bank	Dividends declared in the last year	Share price	Trailing yield
Bank of Queensland	46 cents	$6.52	7%
ANZ Group Holdings Ltd (ASX: ANZ)	$1.46	$22.77	6.4%
Bendigo and Adelaide Bank Ltd (ASX: BEN)	55.5 cents	$8.94	6.2%
Westpac Banking Corp (ASX: WBC)	$1.25	$21.41	5.8%
National Australia Bank Ltd (ASX: NAB)	$1.51	$27.80	5.4%
Commonwealth Bank	$4.20	$96.95	4.3%
Macquarie Group Ltd (ASX: MQG)	$6.50	$171.24	3.8%

So there you have it, folks. The dividend yield on offer from Bank of Queensland shares at the time of writing means a $10,000 investment could herald $700 of annual passive income. That’s certainly nothing to scoff at!

Coming up in its dust is ANZ at 6.4%, while fellow regional player Bendigo Bank offers a 6.2% dividend yield.

But there might be more to the Bank of Queensland’s apparent dividend superiority.

The stock has underperformed all its ASX 200 banking peers’ over the last 12 months, falling 23% in that time. That’s compared to the ASX 200’s 5% tumble (see below) and the financial sector’s 11% slump.

That fall means Bank of Queensland’s shares now appear to be priced cheaper in comparison to dividends than they otherwise may have.

The post Want to bank more passive income? This ASX 200 bank share’s dividend yield outstrips all others appeared first on The Motley Fool Australia.

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More reading

• Why is the National Storage share price down 5% today?
• 5 things to watch on the ASX 200 on Thursday
• Here are the top 10 ASX 200 shares today
• Rising Flight Centre share price delivers 25% gains to SPP investors in a week
• Here are the 3 most heavily traded ASX 200 shares on Wednesday

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 positions in and has recommended Bendigo And Adelaide Bank and Macquarie Group. The Motley Fool Australia has recommended Westpac Banking. 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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