We’re fast running down the clock on 2022, and what a year it has been for ASX investors. Rising interest rates, decades-high inflation figures, and the S&P/ASX 200 Index (ASX: XJO) falling by more than 5.5% (on today’s numbers) have all made 2022 rather memorable.

But let’s talk about Wesfarmers Ltd (ASX: WES) shares, and whether you should buy them before 2023.

3 reasons to buy Wesfarmers shares for 2023

Diversification

So Wesfarmers is the giant industrial and retail conglomerate behind well-known brands like Bunnings, OfficeWorks, Kmart and Target. The company owns a bevvy of other small businesses across a wide range of industries, including resources, manufacturing and energy.

But the company’s retailing businesses deliver the lion’s share of Wesfarmers’ earning base. Even so, Wesfarmers’ top-notch retailers, together with its other interests, make it one of the most diversified ASX 200 blue chip shares on the share market.

Dividends

Wesfarmers has a long and strong history of paying fully franked dividends to its shareholders, making it an appealing ASX share for 2023, in my opinion. Dividends provide cash flow to investors, as well as added returns and a potential inflation hedge.

There are also the tax benefits of the full franking credits that Wesfarmers typically attaches to its dividends too. On recent pricing, the shares are offering a fully-franked yield of 3.9%.

I think that’s a compelling yield to consider today, especially since Wesfarmers raised its dividends from $1.70 per share in 2021 to $1.78 per share in 2022.

Darn good returns from Wesfarmers shares

Quite simply, Wesfarmers is an ASX 200 share that has consistently delivered top-tier returns to investors over decades, as you can see below:

Earlier this year, my Fool colleague Aaron calculated that if an investor bought $10,000 worth of Wesfarmers shares back in early 2012, they would be sitting on an investment worth approximately $43,949 by March 2022.

That figure assumes our investor has received all Wesfarmers dividends, as well as the shares and subsequent dividends of Coles Group Ltd (ASX: COL) that Wesfarmers investors received back in 2018 when the company kicked Coles out of its nest.

Now Wesfarmers has lost some skin in 2022, falling (on today’s pricing) by more than 23% since the start of the year. But the evidence still speaks for itself that Wesfarmers has been a long-term winner for ASX investors. I don’t see why this won’t continue for the next decade.

The post 3 reasons to buy Wesfarmers shares before 2023 appeared first on The Motley Fool Australia.

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More reading

• Forget gold! Start hunting fallen ASX 200 shares to buy for an earlier retirement
• 10 ASX shares I think are buys for 2023
• Stock market correction: How I’m using this opportunity to build wealth with ASX shares
• Guess which ASX 200 share turned a $10,000 investment into $40,000 in 2022
• Don’t try to predict where ASX shares go in 2023, do this instead: Scott Phillips

Motley Fool contributor Sebastian Bowen has positions in Wesfarmers. 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 Coles Group and Wesfarmers. 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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Out of the five largest companies on the ASX by market capitalisation, CSL Limited (ASX: CSL) shares have performed the worst throughout 2022.

The market went cold on the biotech giant in January as the world was gripped by uncertainty. A month earlier, the company announced it intended to hand over A$17.5 billion to acquire Vifor Pharma in what would be CSL’s largest deal in its history.

Fast forward to today, the CSL share price is 2.3% worse off than where it finished up last year. Could the depressed share price be a buying opportunity before 2023? Or, could it be better to avoid injecting this company into your portfolio?

What do the experts think of CSL shares?

Despite the Australian drug developer’s rather lofty price-to-earnings (P/E) ratio, a number of brokers and fund managers still like the look of CSL. At the current market rate, the plasmas-derived product maker trades at 40 times earnings.

Nonetheless, the team at Citi holds a buy rating on the company’s shares with a $340 price target. This would suggest an additional 17% upside from here. Part of the optimistic perspective relies on CSL’s drug development pipeline — something that the Vifor acquisition is believed to further enhance.

Likewise, analysts at Bell Potter hold a positive outlook on CSL amid its latest expansion. The broker also foresees strong and sustained growth in global plasma volumes, increasing at an 8% per annum clip.

Finally, Tribeca portfolio manager Jun Bei Liu shared a bullish perspective on CSL shares a few weeks ago. Liu revealed her expectations that the biotech company will ” … grow double digits for the next three years.”

Why it could be worth the premium

The success of a company can be influenced by the acumen or ineptitude of its competition. That’s why I would take a look at some of CSL’s rivals in the industry.

A couple of competitors that come to mind are Grifols (a Spanish plasma-based pharmaceutical player) and Baxter International Inc (NYSE: BAX) (an American healthcare giant focused on areas similar to Vifor).

Of these three companies, CSL has the thickest profit margins… it’s not even a close comparison. This would suggest CSL is either a superiorly managed company, holds more valuable intellectual property, operates more efficiently, or a combination of these.

After all, the CSL share price probably wouldn’t be up more than 100% over the past five years if it didn’t have some edge.

The post Should I buy CSL shares before 2023? appeared first on The Motley Fool Australia.

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More reading

• Looking to buy ASX shares for your kids this Christmas? I think these are great options
• Here’s how I’d invest $10,000 in ASX shares for 2023
• Down 4% in 3 days, should you buy the dip on CSL shares?
• Here’s why analysts rate these blue chip ASX 200 shares as buys
• Experts say these strong blue chip ASX 200 shares are buys for 2023

Motley Fool contributor Mitchell Lawler 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 CSL. 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’s been a rollercoaster month for the Arafura Rare Earths Ltd (ASX: ARU) share price. Just take a look at the chart below.

As can be seen, the stock was on a volatile but relatively horizontal trajectory for much of the period between April and December, before rocketing 36% between 8 December and 14 December, hitting a new 52-week high of 55 cents in early trade last Thursday.

From there, it plummeted. Stock in the rare earths developer tumbled 17% over the following five sessions to hit an intraday low of 42.5 cents yesterday.

Fortunately, however, things are looking up today. The Arafura Rare Earths share price is up 4.55% right now, trading at 46 cents.

For comparison, the All Ordinaries Index (ASX: XAO) hasn’t gone anywhere this month. It’s currently just 0.6% lower than it was in late November.

So, what’s been moving the Arafura Rare Earths share price lately? Let’s take a look.

What’s been going on with the Arafura share price lately?

Interestingly, there’s been no price-sensitive news from the company since early December. However, the recent volatility exhibited by the Arafura Rare Earths share price might date back that far.

The company announced a $121 million placement on 5 December, wherein Gina Rinehart ultimately took a $43 million stake – leaving the billionaire with around 8% of the company. Each new share on offer under the placement was priced at 37 cents.

The Arafura Rare Earths share price’s surge amid the official confirmation of Rinehart’s investment may have later spurred some investors to lock in profits, thereby driving the stock lower in subsequent sessions.

Fortunately, its recent tumble hasn’t majorly dinted the rare earths developer’s strong year to date performance.

The Arafura Rare Earths share price has gained 98% since the start of 2022. It’s also currently 153% higher than it was this time last year.

For comparison, the All Ordinaries Index has fallen 7% year to date and 4% over the last 12 months.

The post Arafura Rare Earths share price rebounds strongly after dumping 17% in 5 days appeared first on The Motley Fool Australia.

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More reading

• Why Argosy Minerals, Arafura, Deep Yellow, and Pro Medicus shares are charging higher
• Why did the Arafura Rare Earths share price dive 9% on Tuesday?
• Why Appen, Arafura, Aurizon, and Star shares are sinking today
• Why is the Arafura Rare Earths share price rocketing 13% today?
• Why Arafura, Block, Leo Lithium, and St Barbara shares are storming higher

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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The S&P/ASX 200 Index (ASX: XJO) has continued its positive form on Thursday. In afternoon trade, the benchmark index is up 0.6% to 7,158.5 points.

Four ASX shares that are climbing more than most today are listed below. Here’s why they are rising:

Argosy Minerals Limited (ASX: AGY)

The Argosy Minerals share price is up 4% to 58.2 cents. Investors have been buying this lithium developer’s shares after it provided an update on the Rincon Lithium Project in Argentina. According to the release, current commissioning works have produced a battery quality 99.76% lithium carbonate product. This was achieved during part of the overall development towards commencing the 2,000tpa lithium carbonate operation.

Arafura Rare Earths Ltd (ASX: ARU)

The Arafura share price 4.5% to 46 cents. This may have been driven by bargain hunters swooping in after recent share price weakness. Prior to today, the rare earths developer’s shares were down approximately 17% in the space of a week.

Deep Yellow Limited (ASX: DYL)

The Deep Yellow share price is up 7% to 74 cents. This uranium developer’s shares were already racing higher prior to the release of a positive announcement this afternoon. That announcement reveals that it has completed its two-stage, 10,000m follow-up reverse circulation drill program at the Omahola project, with positive results delivered and new targets identified.

Pro Medicus Limited (ASX: PME)

The Pro Medicus share price is up 5% to $57.17. Investors have been buying this health imaging technology company’s shares after it signed a $15 million seven-year deal with Luminis Health. Pro Medicus’ technology will replace legacy PACS throughout the Luminis Health network. Management also revealed that its pipeline remains strong and spans all market segments.

The post Why Argosy Minerals, Arafura, Deep Yellow, and Pro Medicus shares are charging higher appeared first on The Motley Fool Australia.

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More reading

• Why did the Arafura Rare Earths share price dive 9% on Tuesday?
• Why Appen, Arafura, Aurizon, and Star shares are sinking today
• Why is the Arafura Rare Earths share price rocketing 13% today?
• Why Arafura, Block, Leo Lithium, and St Barbara shares are storming higher
• Why Arafura, Megaport, Nitro, and Sayona Mining shares are storming higher today

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 positions in and has recommended Pro Medicus. The Motley Fool Australia has positions in and has recommended Pro Medicus. 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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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. At the time of writing, the benchmark index is up 0.6% to 7,159.7 points.

Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they are dropping:

29Metals Ltd (ASX: 29M)

The 29Metals share price is down a massive 18% to $1.92. Investors have been selling this copper miner’s shares following the release of disappointing guidance for 2023. 29Metals revealed that copper production is expected to be flat year-on-year. The miner also advised that its gold and silver production is likely to fall between 10% to 15% compared to 2022. In response, Macquarie has downgraded its shares to an underperform rating from outperform.

BWX Ltd (ASX: BWX)

The BWX share price is down a further 10% to another new record low of 19 cents. The Sukin skincare manufacturer’s shares have been hammered this week after returning from a suspension of almost four months. Its return followed the release of shocking business update. BWX now has a mountain of debt more than double its market capitalisation and is on track to breach its debt covenants.

Readytech Holdings Ltd (ASX: RDY)

The Readytech share price is down 11% to $3.49. This morning, the enterprise software company revealed that Pacific Equity Partners has withdrawn its original $4.50 per share takeover proposal. The company advised that the investment firm is now working on an alternative proposal that could still deliver a $4.50 per share consideration.

Synlait Milk Ltd (ASX: SM1)

The Synlait Milk share price is 3.5% to $3.28. Investors have been selling this dairy processor’s shares following the release of a profit update. Synlait has warned that its first half profit will be down over the prior corresponding period. This has been driven by delays to shipments, reduced lactoferrin volumes, and increased costs.

The post Why 29Metals, BWX, Readytech, and Synlait shares are dropping appeared first on The Motley Fool Australia.

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More reading

• Why did this ASX 300 mining share just crash 20%?
• Why BWX, Novonix, Symbio, and TPG shares are dropping today
• Why BWX, City Chic, Domain, and John Lyng shares are sinking today
• Why is the BWX share price crashing 48% on Tuesday?
• BWX share price on watch amid $335m loss and guidance downgrade

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 positions in and has recommended ReadyTech. The Motley Fool Australia has recommended ReadyTech. 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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Two S&P/ASX 200 Index (ASX: XJO) lithium shares have been the talk of the town in 2022. They are, of course, Core Lithium Ltd (ASX: CXO) and Pilbara Minerals Ltd (ASX: PLS).

The pair came in as the first and second most traded ASX shares of 2022, according to data from trading and superannuation platform Superhero.

They’ve also each outperformed the ASX 200 this year. Pilbara Minerals shares’ 10% gain has been dwarfed by the 64% surge posted by Core Lithium stock, shown in the chart below.

But which of the pair is the better buy right now? Let’s take a look.

Compare the pair

First off, it’s important to note that comparing the two companies is made difficult by their vast differences. Indeed, the fact they are both ASX 200 lithium shares is just about their only similarity.

Pilbara Minerals posted its maiden profit in August and is expected to kick off dividends this fiscal year. Meanwhile, Core Lithium is yet to begin production at its flagship Finniss Project.

Thus, a dividend-focused investor might find the former lithium stock more appealing, while a growth-focused investor might be initially drawn to the latter.

Though, many brokers have indicated a preference.

Top brokers prefer Pilbara Minerals shares over Core Lithium

Morgans, for instance, tips Pilbara Minerals shares as one to buy. It believes the stock could rise 22% to $4.70. The ASX 200 lithium giant is currently trading at $3.86, as the below chart shows.

Goldman Sachs agrees. It recently upped its price target for Pilbara Minerals shares to $4.70. Though, it still has a neutral rating on the stock.

But Goldman Sachs is far less bullish on Core Lithium shares, slapping them with a $1 price target – a potential 3% drop on their current price of $1.03 ­– and a sell rating. The broker believes the company’s stock has run ahead of fundamentals.

Meanwhile, Barrenjoey is said to expect Core Lithium shares to fall to 85 cents, as my Fool colleague Monica reports. The same broker has tipped Pilbara Minerals to rise to $4, as per The Australian.

But not all are so bearish on Core Lithium shares.

Macquarie thinks the company could be cash flow positive by financial year 2024. It has tipped the share to grow 26% to $1.30 and hit it with an outperform rating.

The broker was also recently bullish on Pilbara Minerals. It had an outperform rating on the stock, tipping it to rise to $7.70, my colleague James reported last month.

The post Pilbara Minerals vs Core Lithium shares: Which is the better buy right now? appeared first on The Motley Fool Australia.

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More reading

• Here’s what Goldman Sachs is now saying about the Pilbara Minerals share price
• 5 things to watch on the ASX 200 on Thursday
• Here are the 3 most heavily traded ASX 200 shares on Wednesday
• Why is the Core Lithium price rebounding today?
• Pilbara Minerals share price leaps on positive lithium price update

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 recommended Macquarie Group. 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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29Metals Ltd (ASX: 29M) is one mining share in the S&P/ASX 300 Index (ASX: XKO) that is not enjoying a green session today.

Shares in the copper-focused mining company are responding violently to the latest operations update which was released late yesterday afternoon.

At the time of writing, the damage toll is sitting at an 18% fall to $1.90 per share. However, the 29Metals share price fell as much as 20% earlier in the session — reaching an intraday low of $1.80. For comparison, the ASX 300 index is 0.59% higher at 7,119.5 points.

2023 is not looking pretty for production

29Metals shareholders are probably wishing they could skip to 2024 already after reading the company’s operations update. The copper and precious metals producer unfortunately did not paint an appetising image for production in 2023.

Providing preliminary guidance for metal production next year, 29Metals unveiled some disappointing estimates. According to the release, copper production is anticipated to be flat year-on-year. Even worse, gold and silver production is slated to fall between 10% to 15% compared to 2022.

It wasn’t all negative news for production though. Looking at the bright side, zinc production is expected to increase by between 5% to 10%. However, this consolation doesn’t appear to be doing much for this ASX 300 mining share today.

Although, any 29Metals shareholders that have added to their position over the last five months or so can’t be too unhappy. Between 15 July and 14 December, the 29Metals share price had more than doubled.

The apparent culprit behind expected production reductions include:

• Reduced milling rates at Capricorn Copper to manage tailings capacity
• Awaiting regulatory approval for additional tailings facility; and
• Lacking project development at Golden Grove due to the tight labour market

What else is weighing down this ASX 300 share?

Unfortunately, it is not only the forward view that is undesirable… it’s also the back. In addition to the 2023 guidance, 29Metals provided a summary of 2022 production.

Copper and zinc production is expected to be in the lower half of the previously stated full-year guidance range. Meanwhile, total costs are expected to be in the top half of the range.

Positively, gold and silver production is slated to be at or above the top end of guidance. Nevertheless, the 29Metals market capitalisation is certainly looking a little lighter today following the news.

The post Why did this ASX 300 mining share just crash 20%? appeared first on The Motley Fool Australia.

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More reading

• Pilbara Minerals vs Core Lithium shares: Which is the better buy right now?
• What is ANZDA and why has it just hit my ASX portfolio?
• 2 ASX dividend shares that could see big payout increases next year
• Forget gold! Start hunting fallen ASX 200 shares to buy for an earlier retirement
• 10 ASX shares I think are buys for 2023

Motley Fool contributor Mitchell Lawler 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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If you own Australia and New Zealand Banking Group Ltd (ASX: ANZ) shares or are planning to buy them, you may be wondering why they are showing up on brokerage platforms as ANZDA shares right now.

As I explained here yesterday, the bank’s shareholders recently approved the scheme of arrangement that will see the banking giant establish ANZ Group Holdings Limited as its non-operating holding company (NOHC).

Management notes that traditional banking is facing significant disruption from new non-bank competitors, mainly global technology companies launching financial services products. However, these businesses are not regulated in the same way as banks like ANZ.

By making the change to a NOHC setup, ANZ is able to partner with technology companies on a level playing field.

Ultimately, management expects the restructure to make its banking business more efficient by creating a better structure for investing in non-bank partners. It will also provide greater strategic and operational flexibility.

So, what are ANZDA shares?

As part of the process, ANZ needs to issue new NOHC shares to shareholders on a one for one basis.

The old ANZ shares have been suspended from trade and the new NOHC shares are trading under the ANZDA ticker code temporarily. Once the process completes, the new NOHC shares will trade under the original ANZ ticker code.

Right now, ANZDA is trading on a deferred settlement basis. This means that instead of settling your investment on the normal T+2 basis (two days after purchase), investors won’t settle their purchases until the deferred settlement date.

ANZ NOHC shares are due to start trading as normal on 4 January, which means that 6 January is the first settlement date for all on-market trades conducted during the deferred settlement period.

The post What is ANZDA and why has it just hit my ASX portfolio? appeared first on The Motley Fool Australia.

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More reading

• 2 reasons to buy CBA shares before 2023 (and 2 reasons to sell)
• Is there something strange going on with ANZ shares today?
• Here are the top 10 ASX 200 shares today
• Little downside protection for popular ASX 200 shares as 2023 looms a much tougher year for blue chip stocks
• Buy ANZ Bank and this ASX 200 dividend share: brokers

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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Dividend income is always welcome, but over time inflation can chip away at the purchasing power it generates for you.

This is why it can be very important to invest in ASX dividend shares that also increase their payouts over time.

And while the current economic environment is challenging for many companies, not all are struggling. In fact, some appear well-placed for big dividend increases in 2023.

Here’s are two ASX dividend shares tipped to grow their dividends strongly next year:

Mineral Resources Ltd (ASX: MIN)

Thanks to booming iron ore and lithium prices, this mining and mining services company has been tipped to increase its dividend materially in 2023.

As a reminder, in FY 2022, Mineral Resources paid a $1.00 per share dividend to its shareholders.

According to a note out of Goldman Sachs, its analysts expect Mineral Resources’ EBITDA to more than triple in FY 2023 and for its dividend to follow suit.

Goldman has pencilled in a fully franked dividend of $4.37 per share next year. Based on the current Mineral Resources share price of $81.85, this will mean a 5.3% dividend yield for investors.

The broker has a buy rating and $94.00 price target on its shares.

QBE Insurance Group Ltd (ASX: QBE)

Another ASX share that could be poised to make a big increase to its dividend next year is insurance giant QBE.

Thanks to a winning combination of premium rate increases, cost outs, and rising bond yields, QBE is expected to be in a position to almost double its dividend, according to analysts at Morgans.

A recent note reveals that its analysts are expecting a 42 cents per share dividend for the 12 months ending 31 December 2022. After which, it is forecasting an 83% increase in QBE’s dividend to 77 cents for FY 2023. Based on the current QBE share price of $13.24, this will mean yields of 3.2% and 5.8%, respectively.

Morgans also sees decent upside potential for its shares with its add rating and $14.89 price target.

The post 2 ASX dividend shares that could see big payout increases next year appeared first on The Motley Fool Australia.

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More reading

• Mineral Resources is a ‘formidable player in the lithium market’: Broker tips major share price gains
• 5 things to watch on the ASX 200 on Thursday
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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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Recent volatility has likely seen investors flock to gold in a bid for stability. But bigger gains might be found among embattled S&P/ASX 200 Index (ASX: XJO) shares.

That’s despite the new year potentially bringing continuing interest rate hikes and inflation, as well as potential recessions in major economies. Not to mention the ongoing Ukraine war.

Here’s why I would turn to buying ASX 200 shares over gold in a bid to retire early despite potential volatility in 2023.

Why I would turn to shares over gold to retire earlier

The ASX 200 plummeted in early 2020 amid the onset of the COVID-19 pandemic before rocketing to an all-time high in mid-2021.

The rollercoaster continued in 2022, with the index dropping 6% year to date amid soaring inflation and resulting interest rate hikes. The index is now back where it was in early 2020.

Meanwhile, the yellow metal’s ‘safe haven‘ position as one of the best hedges against inflation has likely driven demand for it. Indeed, the price of gold has risen around 16% since early 2020 to trade at near six-month highs of approximately US$1,815 at last close.

However, if we zoom out to consider, say, the last 10 years, we see a totally different picture.

The price of gold has lifted around 7% over the last decade. While the ASX 200 has posted a near-55% gain in that time. And that’s before considering dividends.

That’s why I believe shares – while representing greater risk – provide better wealth-building opportunities over the long term. That’s particularly important for investors hoping to build a big enough nest egg to retire early.

Why ASX 200 shares in particular?

There are, no doubt, plenty of ASX shares capable of posting returns greater than those of most ASX 200 stocks over the long term.

However, I would be tempted to stick to ASX 200 shares if I were building a diverse portfolio capable of allowing me to retire early.

The ASX 200 aims to measure Australia’s 200 largest listed companies.

Because they are generally blue-chip or large-cap stocks, they often have access to greater capital and more concrete competitive advantages. Thus, the market’s larger participants can generally weather storms better than their smaller peers.

And 2022’s downturn has likely left many trading for bargain prices.

Meaning, I could get on board a quality company for less than I otherwise would have. Thus, hopefully allowing me to sit back and enjoy long-term returns.

Though, no share – ASX 200 or not – is guaranteed to provide returns or downside protection. Additionally, the index’s past performance doesn’t guarantee its future performance.

The post Forget gold! Start hunting fallen ASX 200 shares to buy for an earlier retirement appeared first on The Motley Fool Australia.

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More reading

• Guess which ASX 200 share turned a $10,000 investment into $40,000 in 2022
• 5 things to watch on the ASX 200 on Thursday
• Here are the top 10 ASX 200 shares today
• Here are the 3 most heavily traded ASX 200 shares on Wednesday
• 5 things to watch on the ASX 200 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 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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