At the weekend I wrote about how successful $20,000 investments in a number of popular ASX shares had been over the last 10 years. You can read about those investments here.
But that was then, what about the next decade?
Listed below are three ASX shares that I believe could provide market-beating returns for investors throughout the 2020s. Here’s why I would invest $20,000 into them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
I think investors ought to consider putting $20,000 into the BetaShares Asia Technology Tigers ETF. This exchange trade fund gives investors exposure to some of the most exciting technology companies in the Asian market. These include search engine company Baidu, ecommerce stars Alibaba and JD.com, electronics giant Samsung, and WeChat owner Tencent Holdings. These companies are revolutionising the lives of billions of people in the region and look particularly well-placed for growth in the future. In light of this, I believe there’s a strong probability the BetaShares Asia Technology Tigers ETF will outperform the ASX 200 by a decent margin throughout the 2020s.
Cochlear Limited (ASX: COH)
I think Cochlear shares would also be a great place to invest $20,000. It is a global developer, manufacturer, and distributor of cochlear implantable devices for the hearing impaired. I think Cochlear would be a great long term option due to the ageing populations tailwind. This is because as people age, their hearing will more often than not fade and require some form of assistance. So, with the World Health Organization estimating that there will be almost three times more people over the age of 65 by 2050 than there were in 2010, demand for Cochlear’s industry-leading cochlear implantable devices looks likely to grow strongly over the next few decades.
SEEK Limited (ASX: SEK)
A final ASX share to consider investing $20,000 into is this job listings company. I believe the SEEK share price could generate very strong returns for investors over the 2020s. This is thanks to the strength of its core ANZ business, its investment in growth opportunities, and its fast-growing Chinese operations. Combined, I expect them to drive strong earnings growth over the period. And while FY 2020 will be a disappointing year because of the pandemic, I believe it is worth dealing with the short term pain for the potential long term gains.
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of June 30th
More reading
- Cochlear and these ASX 200 shares could be fantastic buy and hold investments
- ASX 200 closes 0.4% higher, Cochlear share price up 6%
- Fund managers have been buying these ASX 200 shares
- ASX 200 up 0.55%: Cochlear jumps on FDA approval, Adbri crushed on contract loss
- Cochlear share price charges higher on US FDA update
James Mickleboro owns shares of SEEK Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Cochlear Ltd. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia has recommended Cochlear Ltd. and SEEK Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post Where to invest $20,000 into ASX shares for market-beating returns appeared first on Motley Fool Australia.
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