I think the best way to invest in ASX shares is for the long-term, with a decade or more being my preferred investment time horizon.

If investors hold for that length of time, it gives compounding the best opportunity to deliver results over the long-term.

Given how rapidly the world is changing in relation to technology and AI, I’m less optimistic about some ASX tech stocks than I used to be. That’s partly why I think the investments below could be strong ASX share picks for the long term.

Guzman Y Gomez Ltd (ASX: GYG)

GYG is one of the best quick service restaurant (QSR) businesses in Australia, in my view. At the end of March 2026, it had 242 Australian locations, along with 23 Singapore restaurants and five Japanese locations.

The company is aiming for 1,000 Australian restaurants within the next 20 years, which could mean significant network sales growth and excellent scale benefits.

In the third quarter of FY26, the company reported that Australian total network sales rose by 19.7% to $320.4 million, and Asian network sales grew by 15% to $21.5 million.

The business is growing network sales thanks to both solid comparable sales growth and an expanding mutlinational network.

Over the next decade, I expect the company to significantly increase its restaurant network, increase its market awareness and boost profit margins. I believe the market is underestimating how much the business could grow network sales overseas, which could unlock a lot of royalty income – its Asian operations are under a master franchise agreement.

According to the company, it’s expecting its Australian and Asian operations to grow their underlying operating profit (EBITDA) by 29% in FY26 to $85 million, showing an increase in its profit margins.

According to the projection on Commsec, the GYG share price is valued at 33x FY28’s estimated earnings, which I think is an appealing price for this fast-growing ASX share.

Global X S&P World Ex Australia GARP ETF (ASX: GARP)

Another investment that I want to highlight is this exchange-traded fund (ETF), which aims to give investors exposure to a portfolio of global businesses that fit the bill when it comes to the investing strategy ‘growth at a reasonable price’ (GARP).

When you buy growing businesses at a good price, it can lead to excellent investment returns over the long-term.

There are three different things that the GARP ETF looks for to include in its portfolio of 250 companies across different countries and sectors.

It wants to see growth characteristics, with a good pace of 3-year sales and earnings growth.

Second, it wants to see ‘value’. That is identified by the price/earnings (P/E) ratio.

Finally, this GARP strategy involves looking at the quality of these businesses. That includes looking at the financial leverage (debt levels) and return on equity (ROE). ROE tells us how much profit is making compared to the retained amount of shareholder money – the higher the ROE the better.

Since inception in September 2024, the GARP ETF has returned an average of 16.8%. Past performance is not a guarantee of future returns of course, but I’m bullish about this strategy being able to continue to deliver good returns for the next decade and beyond.

These aren’t the only ASX shares I think would make excellent long-term investments.

The post 2 top ASX shares to buy and hold for the next decade appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Guzman Y Gomez. 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.

Fortunately for income investors, there are lots of ASX dividend shares to choose from.

But with so much choice, it can be hard to decide which ones to buy.

To narrow things down, let’s look at three dividend shares with 5%+ dividend yields that analysts are tipping as buys.

They are as follows:

Charter Hall Long WALE REIT (ASX: CLW)

The team at Citi thinks that Charter Hall Long WALE REIT could be a top pick for income investors.

The broker has a buy rating and $4.10 price target on the long-lease focused property company’s shares.

Citi highlights that the company’s shares offer value at current levels, especially with a large portion of rents inflation-linked and its big dividend yield.

Speaking of which, the broker is forecasting dividends per share of 25.5 cents in FY 2026 and then 25.7 cents in FY 2027. Based on its current share price of $3.71, this would mean dividend yields of approximately 6.9% in both years. 

Harvey Norman Holdings Ltd (ASX: HVN)

Another ASX dividend share that could be worth considering is retail giant Harvey Norman.

Bell Potter is bullish on the company and has a buy rating and $6.00 price target on its shares.

Although the broker expects FY 2027 to be a tough year, it believes this is more than priced in. So, with generous dividend yields expected, it sees now as a good time to snap up Harvey Norman’s shares. 

Bell Potter is forecasting fully franked dividends of 31.1 cents per share in FY 2027 and then 33.3 cents per share in FY 2028. Based on its current share price of $4.82, this equates to dividend yields of 6.5% and 6.9%, respectively.

Universal Store Holdings Ltd (ASX: UNI)

A third ASX dividend share that brokers are recommending to clients is Universal Store. 

Morgans has a buy rating and $9.50 price target on the youth fashion retailer’s shares.

The broker has been pleased with the company’s performance in FY 2026, highlighting that double-digit sales growth is expected despite tough operating conditions.

It notes that Universal Store’s Perfect Stranger brand is performing strongly, which bodes well for its store rollout. 

With respect to income, Morgans is forecasting the company to pay fully franked dividends of 40 cents per share in FY 2026 and then 46 cents per share in FY 2027. Based on its current share price of $7.43, this represents dividend yields of 5.4% and 6.2%, respectively.

The post 3 ASX dividend shares to buy with 5%+ yields appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Universal Store. 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 Harvey Norman. The Motley Fool Australia has recommended Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

I’m always on the lookout for ASX shares that could boost my portfolio returns and passive income.

I feel fortunate to be able to regularly invest money into the share market, and I recently put $3,000 to work into more stocks.

The three names I bought were: MFF Capital Investments Ltd (ASX: MFF), WCM Global Growth Ltd (ASX: WQG) and L1 Long Short Fund Ltd (ASX: LSF).

All three of my new investments have similar positive attributes, which I’ll get into below.

Effective investment strategies

All three of these ASX shares are listed investment companies (LICs). In other words, they invest in other shares and assets on behalf of shareholders.

They each have their own investment strategy, and they have all performed strongly over the long-term.

MFF aims for high-quality global shares with strong competitive advantages and an above-average ability to grow earnings.

The L1 LIC invests in a mixture of ASX shares and global shares that are priced cheaply with good earnings growth potential.

WCM Global Growth invests in businesses with improving competitive advantages and a corporate culture that supports that economic moat improvement.

Each of them have managed to deliver double-digit portfolio returns over the long-term, helping fund good dividends and a rising share price (thanks to their growing retained earnings).

Rising dividends

I believe the best ASX dividend shares can provide shareholders with consistent dividend growth.

It’s good to be able to offset (or outpace) inflation. Rising dividends also allow us to feel wealthier, with more cash flowing through our bank accounts. The dividends can be reinvested or spent on our lives for essentials or to fund discretionary spending.

All three ASX shares I recently invested in – MFF, WCM Global Growth and L1 Long Short Fund – have all recently increased their dividends by more than 10% year-over-year.

It’s not guaranteed that these businesses will continue to grow their dividends by more than 10% in the next financial year. It’s possible they may not even grow the dividend. But, of all of the businesses on the ASX, these are three of the ASX shares I’m most confident will deliver a rising dividend to shareholders.

With their profit reserves and impressive investment returns, I believe they’ll be able to continue hiking their payouts at a good pace for the next few years.

Good dividend yields

All three of these ASX shares have compelling dividend yields and could continue to grow their payouts from here, unlocking an even greater dividend yield in time.

I estimate that in FY27, the ASX shares could provide grossed-up dividend yields (including franking credits) of more than 5%. At the time of writing, MFF could offer a grossed-up dividend yield of 6.9%, WCM Global Growth could have a grossed-up dividend yield of 7% and L1 Global Short Fund could provide a grossed-up dividend yield of 5.1%.

I believe all of these stocks could outperform the S&P/ASX 200 Index (ASX: XJO) and deliver stronger dividend income. But, these aren’t the only ASX shares I have my eyes on for July.

The post Why I just invested $3,000 in these 3 ASX shares appeared first on The Motley Fool Australia.

More reading

• How much is needed in superannuation to target a $100,000 annual passive income?
• 2 ASX dividend shares with yields above 6%
• How much superannuation is needed to target a $100,000 annual passive income?
• How much passive income can I earn off a $50,000 portfolio?
• Buy, hold, sell: L1 Long Short Fund, REA, Wesfarmers shares

Motley Fool contributor Tristan Harrison has positions in L1 Long Short Fund, Mff Capital Investments, and Wcm Global Growth. 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 Mff Capital Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.