If you’re looking for some new additions to your portfolio in July, then I think the three ASX shares listed below would be great options.

I feel they are among the best on offer on the Australian share market and believe they can generate strong returns for investors over the next decade.

Here’s why I rate them as five-star stocks:

Afterpay Ltd (ASX: APT)

I think this payments company is a five-star stock. I’ve been very impressed with the company’s performance in FY 2020 and particularly during the pandemic. Not only has Afterpay delivered explosive sales and customer growth, its losses and income margins have remained relatively stable. I believe this demonstrates the resilience of its business model. And while the Afterpay share price certainly does trade a premium to the market average, I believe this is justified thanks to its enormous growth potential. Overall, I feel Afterpay could prove to be a fantastic buy and hold option for investors.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Another five-star stock to consider buying is Domino’s Pizza. I rate the pizza chain operator highly because of its strong market position and its positive long term growth outlook. The latter is thanks to management’s bold expansion and sales targets. Over the next five years the company is aiming to grow its same store sales by 3% to 6% per annum. It is also aiming to deliver annual organic new store additions of 7% to 9% per annum over the same period. If it delivers on this, the combination of the two should result in stellar earnings growth.

Pushpay Holdings Group Ltd (ASX: PPH)

A final five-star stock to look at is Pushpay. It is a fast-growing donor management platform provider for the faith sector. It has been growing its market share in the United States at an impressive rate over the last few years. This has led to the company delivering exceptionally strong revenue and operating earnings growth. The good news is that management isn’t resting on its laurels and has set itself bold revenue targets. It is aiming to grow its revenue to US$1 billion in the future by capturing 50% of the medium to large church market. This compares to the US$127.5 million revenue it achieved in FY 2020. Given the quality of its offering, which has been bolstered by the acquisition of church management system provider Church Community Builder, I believe it will achieve its goal. This could make the Pushpay share price a market beater long into the future.

More reading

• How I’d build a $100,000 ASX portfolio of growth shares
• Has the Temple & Webster share price peaked?
• Brokers name 3 ASX shares to buy right now
• Openpay share price on the move as key metrics boom
• How to pick an ASX 200 share market bubble

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of PUSHPAY FPO NZX. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended Domino’s Pizza Enterprises Limited and PUSHPAY FPO NZX. 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.

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Is Altium Limited (ASX: ALU) a millionaire maker share at today’s price? Its shares are steadily becoming better value in my opinion.

Since the start of June 2020 the Altium share price has actually fallen by 13%. I think that makes the ASX share more attractive for long-term investors. It’s still down by 24% from the share price at 17 February 2020.

Overview of Altium

Before I get into the current COVID-19 events and the valuation, I’m going to give you a quick rundown of Altium if you don’t know what it does.

Altium is an electronic PCB software business that offers a number of products like Altium Designer, TASKING, Nexus and Octopart. Many of its products are used for the design of new products, devices and vehicles. Engineers use the software, from one-man engineer outfits up to multi-national organisations.

Some of the clients that use Altium’s services are Tesla, Space X, NASA, Boeing, Lockheed Martin, John Deere, Google, Proctor and Gamble, CSIRO, Monash University, John Hopkins, Siemens, Cochlear Limited (ASX: COH), Boston Scientific, Microsoft, HP, Amazon, Disney, Apple, Fitbit, Qualcomm and Broadcom.

Altium also has an exciting product called Octopart. It’s a search engine to find electronic components and industrial products – kind of like the Google for electrical parts.

The company has global diversified earnings. Around half of earnings come from the Americas, around a third from Europe, 14% from emerging markets and 7% from the Asia Pacific region. I think the Altium share price is interesting for Aussie investors because of the global earnings aspect alone.

The company is now trying to follow the ‘rule of 50’ where the percentage of revenue growth and its earnings before interest, tax, deprecation and amortisation (EBITDA) margin are at least 50%. For example, if it had a 38% EBITDA margin and 13% revenue growth then it would have met the goal. It may be hard to achieve the rule of 50 in FY20 due to COVID-19.

COVID-19 conditions

Altium recently announced its revenue and subscriber growth for FY20. Revenue and sales both grew by 10%. It fell a bit short of its US$200 million revenue target. There was a 14% increase in new Altium Designer seats sold and 17% growth of the subscription base to well over 50,000 subscribers.

The ASX share finished FY20 with a cash balance of more than US$90 million.  

This update hasn’t helped the Altium share price recover. But one of the main positives from the update was that the new cloud platform called Altium 365 now has over 2,500 companies using it with almost 5,000 active users. It’s going to be things like Altium 365 that drive the company forward with COVID-19 still around.

To try to get customers to sign up in the last few weeks of FY20, the company gave them attractive pricing and extended payment terms. I think this was the right move – it’s more important to win market share in the short-term and then charge those customers the full price in the following year when things have (hopefully) turned around.

Is Altium a millionaire maker share at this price?

At a share price of around $32.50, Altium certainly isn’t cheap. It’s trading at 59x FY21’s estimated earnings.

But you shouldn’t make an investment based on the next 12 months. It’s the long-term that counts. Altium is aiming for 100,000 Altium Designer seats by 2025 which should assist the company to hit US$500 million of revenue. If the company achieves that revenue goal, it should come with a higher profit margin, stronger cashflow and higher dividends. 

Altium has already made long-term shareholders big returns and it’s priced quite highly, so I don’t think it will make massive returns in the next five years. I think there’s more growth to come after 2025 if it can achieve global market dominance like it wants to. It’s that growth beyond 2025 that makes me think Altium can still be a good market-beater over the long-term at today’s share price.

I’d prefer to buy shares under $30. That share price may (or may not) come later this year. COVID-19 may cause another selloff in the share market and the US election is quite likely to cause some volatility. I’ll be very surprised if I haven’t bought more Altium shares by the end of 2020.

More reading

• How I’d build a $100,000 ASX portfolio of growth shares
• Are these the best ASX tech shares to buy right now?
• Top ASX dividend shares to buy in July 2020
• 3 must-buy ASX growth shares for July
• 3 top ASX growth shares I’ll buy if the ASX crashes again

Tristan Harrison owns shares of Altium. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Altium and Cochlear Ltd. The Motley Fool Australia has recommended Cochlear Ltd. 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.

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The S&P/ASX 200 Index (ASX: XJO) was on form last week and climbed notably higher thanks largely to the miners and banks. The benchmark index rose 1.9% to 6033.6 points.

While a good number of shares pushed higher last week, some climbed more than most. Here’s why these were the best performing ASX 200 shares:

The Alumina Limited (ASX: AWC) share price was the best performer on the ASX 200 last week with a 12.9% gain. This follows the release of the Alcoa business’ second quarter earnings. One broker that was pleased with what it saw was Credit Suisse. Its analysts upgraded Alumina’s shares to an outperform rating with an improved price target of $2.00. It believes the company’s outlook is improving greatly thanks to lower unit costs and a rebounding aluminium sector.

The Credit Corp Group Limited (ASX: CCP) share price wasn’t far behind with a gain of 10.8%. Investors were buying the debt collector’s shares after the release of its full year update. Credit Corp expects to report a net profit after tax in the range of $75 million to $80 million before one-offs This went down well with analysts at Morgans who retained their add rating and lifted the price target on the company’s shares to $19.10.

The Cooper Energy Ltd (ASX: COE) share price was a strong performer last week with a 10.5% gain. This was despite there being no news out of the oil and gas company. However, earlier this month Morgans put an add rating and 53 cents price target on its shares. It appears optimistic on the progress being made in respect to commissioning activities at the Orbost Gas Processing Plant.

The Fortescue Metals Group Limited (ASX: FMG) share price was on form and pushed 10.4% higher. Investors were buying Fortescue’s shares after the iron price continued its rise. On Friday the spot iron ore price was up as high as US$108 a tonne thanks to supply disruptions in Brazil and strong demand in China. At one point on Friday the Fortescue share price climbed to a record high of $16.66. This stretched its year to date gain to an impressive 54%.

More reading

• These ASX stocks are among the most popular buy ideas from brokers today
• Why Alumina, BWX, Life360, & Perpetual shares are charging higher
• Top ASX dividend shares to buy in July 2020
• Should you buy Fortescue shares at an all-time high?
• Leading brokers pick the latest ASX 200 stocks to buy today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

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I love the simplicity of exchange-traded funds (ETFs). There’s something great about the set and forget option that a share like the Vanguard Australian Shares Index ETF (ASX: VAS) provides. 

For those that don’t know, this Vanguard ETF seeks to track the S&P/ASX 300 Index (ASX: XKO). Here are 3 reasons why this Vanguard ETF is a great option for many Aussie share portfolios.

Why I like the Vanguard Australian Shares Index ETF

1. Diversification

One of the best things about ETFs is the diversification they offer. And that is certainly true of the Vanguard Australian Shares Index ETF.

In tracking the ASX 300, VAS invests in 306 different shares with a price-to-earnings (P/E) ratio of 16.9.

That means investors get diversified exposure to the vast majority of the Australian share market with a management fee of just 0.10% per annum.

One of the big knocks of VAS is its heavy weightings to the ASX resources and bank shares. However, it is just trying to track the ASX 300 which is, itself, heavily weighted towards those sectors.

And when you’re buying VAS shares and getting exposure to 306 companies, I feel it’s still heavily diversified.

2. Indirect international exposure

While it is the Vanguard Australian Shares Index ETF, there is still a fair bit of indirect international exposure.

That’s because many top ASX companies have significant international operations. This includes global heavyweights like CSL Limited (ASX: CSL) and Transurban Group (ASX: TCL).

There’s also many of the top tech stocks that are expanding overseas. In particular, ‘WAAAX’ shares like Afterpay Ltd (ASX: APT) and Altium Limited (ASX: ALU) continue to ramp up their international footprints. 

That means while you might be buying an Australian-based ETF, there is still indirect exposure to offshore economies.

3. Strong dividends

This is a hot topic right now given the impact coronavirus is having on corporate earnings.

Strong dividend yields are hard to come by in the current market. The trouble with dividend yields is that they are often backward-looking and may be irrelevant later in the year.

For the moment, the Vanguard Australian Shares Index ETF is yielding 4.07%. That’s the same as the benchmark index right now but who knows where that will go in 2020.

With a number of top dividend shares heavily weighted in its portfolio, this Vanguard ETF could be a good option for yield this year.

Foolish takeaway

These are just a few reasons I like the Vanguard Australian Shares Index ETF. If you’re more of an active investor, however, you might have to look elsewhere for outperformance in 2020…

More reading

• 3 excellent ASX ETFs to buy for dividends
• The dangers of investing in managed funds
• 2 ASX shares I would buy for growth and income
• ASX fashion retailers bounce back
• These are the 4 cheapest ETFs on the ASX

Motley Fool contributor Ken Hall owns shares of Vanguard Australian Shares Index. The Motley Fool Australia has no position in any of the stocks mentioned. 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.

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I’m a big fan of buy and hold investing and firmly believe it is the best way for investors to grow their wealth.

To demonstrate how successful it can be, every so often I like to pick out a number of popular ASX shares to see how much a single $20,000 investment 10 years ago would be worth today.

This time around I have picked out the three ASX shares that are listed below:

Atlas Arteria Group (ASX: ALX)

The Atlas Arteria share price has been a surprisingly strong performer over the last decade. The toll road operator, which was previously known as Macquarie Atlas Roads, has thoroughly beaten the market thanks to the success of its roads and acquisitions. Since this time in 2010, the company’s shares have generated a total average return of 21.99% per annum. This would have turned a $20,000 investment into a massive $146,000.

Jumbo Interactive Ltd (ASX: JIN)

Over the last 10 years Jumbo has become a real force in the lottery industry thanks to the shift to online ticket buying. Back in FY 2011 Jumbo was targeting lottery ticket sales of $75 million to $80 million, whereas today the company is aiming to grow its ticket sales to $1 billion by FY 2022. Unsurprisingly, this meteoric growth has resulted in very strong returns for investors. Despite being down 60% from their 52-week high, since 2010 Jumbo’s shares have provided an average total return of 45.2% per annum. This means $20,000 invested into its shares 10 years ago would be worth almost $850,000 today.

Macquarie Group Ltd (ASX: MQG)

The Macquarie Group Ltd (ASX: MQG) share price has been a consistently strong performer over the last decade. During this time the investment bank has outperformed both the market and the big four banks with an average total return of 14.65% per annum. This would have turned a $20,000 investment in Macquarie’s shares in 2010 into ~$78,500 today. As a comparison, the big four banks have generated an average total return in the range of 4% to 8% per annum over the same period.

More reading

• Where to invest $1,000 into ASX shares immediately
• Why the Pointsbet share price is outperforming today
• Why Goldman Sachs’ revenue surge bodes well for the Macquarie Group share price
• Amplia Therapeutics share price up 16% in 2 days as former Macquarie CEO takes substantial stake
• Top brokers pick the latest ASX small cap stocks to buy today

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends Jumbo Interactive Limited. The Motley Fool Australia owns shares of and has recommended Jumbo Interactive Limited and Macquarie Group 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.

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The S&P/ASX 200 Index (ASX: XJO) was back on form last week and stormed through the 6,000 points level once again. The benchmark index climbed 1.9% to 6033.6 points.

Unfortunately, not all shares were able to climb higher with the market. Here’s why these were the worst performing ASX 200 shares last week:

The AVITA Therapeutics Inc (ASX: AVH) share price was the worst performer on the ASX 200 last week and crashed 19% lower. This follows the release of the regenerative medicine company’s fourth quarter and full year sales update. For FY 2020, AVITA’s total revenue came in at approximately US$14.32 million. While this was a sizeable increase of US$8.78 million or 160% over FY 2019’s sales, it appears as though investors were expecting an even stronger sales result.

The Mesoblast limited (ASX: MSB) share price was some way behind with a 9.5% decline last week. This appears to have been driven by profit taking after some very strong gains. In fact, a week earlier the allogeneic cellular medicines developer’s shares were among the best performers. Investors were fighting to buy shares after it provided an update on its allogeneic mesenchymal stem cell (MSC) product candidate, remestemcel-L. That update revealed that remestemcel-L has been given an expanded access protocol for compassionate use in the treatment of COVID-19 infected children with cardiovascular and other complications of multisystem inflammatory syndrome.

The PolyNovo Ltd (ASX: PNV) share price was out of form last week and tumbled 7% lower. Once again, this appears to have been down to profit taking after strong gains in previous months. For example, even after last week’s declines, PolyNovo’s shares are still up over 35% since the start of the year.

The Megaport Ltd (ASX: MP1) share price was a poor performer last week and recorded a 6.9% decline. It appears as though investors were rotating funds out of the tech sector over the period. The provider of elastic interconnection services across data centres wasn’t the only tech share taking a tumble. The S&P/ASX 200 Information Technology index ran out of steam last week and fell 3.5% despite the ASX 200 pushing 1.9% higher.

More reading

• How I’d build a $100,000 ASX portfolio of growth shares
• ASX 200 finishes up 0.4%, Rio Tinto grinds higher
• These ASX stocks are among the most popular buy ideas from brokers today
• ASX 200 flat: Westpac class action, Rio Tinto Q2 update, travel shares sink
• BlueScope’s earnings to halve as it takes $200m write-down

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Avita Medical Limited, MEGAPORT FPO, and POLYNOVO FPO. The Motley Fool Australia has recommended Avita Medical Limited and MEGAPORT FPO. 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.

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According to the ABS, the average Australian earnings around $65,000 a year. Wouldn’t it be great to earn $65,000 a year in dividend income? I’m going to demonstrate how to do that in this article.

COVID-19 makes things a bit tougher to earn and think about your personal finances right now. But you can start planning for when you can put your money ideas into action.

Here are the four main steps to getting large sums of dividends each year:

Earn money

This point seems like a very obvious one. But there’s no getting around it. Money makes money. And you have to earn some money before you can start investing it.

I’m no career expert and it’s a lot harder to earn money, or make more money, in the current economic conditions. But you have to do something to change your situation. Investing in yourself should provide the best return on your time or money. It could be a university degree, but it doesn’t have to be. It could be a diploma. It could just be taking free online courses to boost your skills. Anything to show a potential employer you’re the one to employ and that you have a will to learn. Sometimes you just need that piece of (e-)paper to get in the door, or Zoom call, for an interview with your potential employer. 

Perhaps learning or getting a certificate isn’t what’s needed for your income boost. Perhaps it’s just a case of negotiating a pay rise, getting a second job or starting your own business. Just make sure that your potential business idea can go somewhere and make a profit, a hobby can end up costing money.

Avoid debt

Debt is the financial embodiment of impatience. Compound interest can work against you, even when interest rates are so low. Besides, if you’re buying something (apart from a property) with debt then perhaps that suggests you shouldn’t be buying it right now – save instead! Saving cash is much better for your bank balance.

Credit card debt interest and car financing are two of the biggest drains on a monthly budget. Though education debt may be a necessary evil to unlock a high-paying profession for you.

Save your money

Live within your means. Spend less than you earn. It all boils down to deliberately saving your money. The more you save the more you can invest.

You don’t necessarily need to live the ultimate frugal, minimalist lifestyle if that’s not enjoyable to you. It’s your life and your money. There’s merit to spending some of it now rather than saving every last cent. But just make sure you are getting value and enjoyment from that spending. But you need to have saved money to invest it. 

If you earn $500,000 a year after tax and spend $490,000 then you’d only have $10,000 to invest. If you earn $60,000 a year after tax and spend $45,000 then you have $15,000 to invest. Every household budget is different, but I’m sure there are some good savings you can create without changing your life too much.

Invest

The final piece of the puzzle is to invest and let compound interest do its work.

To make $65,000 of annual income you still need a large portfolio. But you can achieve that goal over time. You could choose exchange-traded funds (ETFs) for your portfolio like BetaShares Global Sustainability Leaders ETF (ASX: ETHI), BetaShares Global Quality Leaders ETF (ASX: QLTY) and iShares S&P Global 100 ETF (ASX: IOO).

You could go for quality fund managers to help you get there like Magellan Global Trust (ASX: MGG), WAM Microcap Limited (ASX: WMI), MFF Capital Investments Ltd (ASX: MFF) and Future Generation Global Invstmnt Co Ltd (ASX: FGG).

Or you could go for the best ASX growth shares you can find. I really like Bubs Australia Ltd (ASX: BUB) at the moment.

Some of my favourite dividend shares on the ASX are: Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), Brickworks Limited (ASX: BKW), APA Group (ASX: APA), WAM Microcap Limited (ASX: WMI) and Rural Funds Group (ASX: RFF).

It may take a decade or three to build up the necessary portfolio to make $65,000 a year in dividends, but you can get there if you keep building. How much you need will depend on the yield of the portfolio. Ignoring tax, a $1 million portfolio would need a yield of 6.5% to make $65,000 a year.

More reading

• 2 easy ASX shares for beginners
• Fund managers have been buying these ASX shares
• Top ASX dividend shares to buy in July 2020
• 2 ASX shares for investors aged 50+
• Get paid huge amounts of cash to own these ASX dividend shares

Motley Fool contributor Tristan Harrison owns shares of Magellan Flagship Fund Ltd, MAGLOBTRST UNITS, RURALFUNDS STAPLED, WAM MICRO FPO, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of and has recommended Brickworks, BUBS AUST FPO, RURALFUNDS STAPLED, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of APA Group. 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.

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Creating an ASX portfolio purely with growth shares can be a high-risk strategy. But due to the very nature of a good ASX growth share, it can also be a highly lucrative path to tread, if you have the stomach for it. ASX growth shares can often outperform the broader S&P/ASX 200 Index (ASX: XJO) during a bull run. But equally, this strategy can lead to underperformance in a bear market. Riding out these extremes is the key to successful long-term growth investing. So here’s how I would construct such a portfolio:

Start with $25,000 in growth share Openpay Group Ltd (ASX: OPY)

Openpay is a newer addition to the ranks of the ASX payments and buy now, pay later (BNPL) companies. It operates in a similar manner to the platforms offered by Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P). But rather than focusing on ‘small’ purchases, Openpay instead targets the larger transactions of life – things like hardware, automotive and medical expenses. As such, I think this company is well poised to exploit an underserved niche of the BNPL market and deserves a slot in our $100k growth portfolio.

Back it up with $25,000 in BetaShares Global Cybersecurity ETF (ASX: HACK)

This exchange-traded fund (ETF) solely invests in what I consider to be one of the ultimate growth areas of the 21st century. With revelations just this week that Twitter has been embarrassingly hacked by scammers, I think the importance of cybersecurity has never been more important and is one of the most fertile grounds for future growth. Thus, I think it’s a great area for an across-the-board investment which the HACK ETF can provide. Some of the shares that this ETF holds include Okta, Cisco and Broadcom.

Add $25,000 of Nanosonics Ltd (ASX: NAN) shares

Nanosonics is one of the most promising healthcare shares on the ASX, in my view. The company’s Trophon and Trophon 2 devices provide cutting edge sterilisation techniques that medical professionals can use for disinfecting equipment. Nanosonics’ shares have almost doubled over the past 2 years. But, with the rave reviews its devices are attracting from the medical community, I still think this company has a lot of potential growth ahead of it. As such, it’s a top growth share that deserves a place in our $100,000 ASX portfolio.

Finish off with $25,000 in the BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)

This is another ETF and one of the newest funds to hit the ASX boards at that. Even so, I find this fund very exciting. It’s the first of its kind in tracking the S&P/ASX All Technologies Index (INDEXASX: XTX), which houses the most notable ASX shares in the tech space. Afterpay dominates this fund’s holdings with a current weighting of 17.1%. But you’ll also find Xero Limited (ASX: XRO), as well as Seek Limited (ASX: SEK), Computershare Limited (ASX: CPU) and Altium Limited (ASX: ALU) as well. If you’re bullish on the future of Aussie tech, then you’ll agree that this ETF has a well-deserved place in our $100,000 growth portfolio.

Foolish takeaway

ASX growth shares can be emotionally taxing investments to hold, but can also offer outsized returns. I think the shares named above offer such outperformance over the medium to long term, and, as such, I would be very happy to add any of them to my ASX portfolio today.

More reading

• These were the worst performing ASX 200 shares last week
• Has the Temple & Webster share price peaked?
• ASX 200 finishes up 0.4%, Rio Tinto grinds higher
• 3 ASX shares for growth, income, and value investors to buy right now
• Are these the best ASX tech shares to buy right now?

Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Altium, Nanosonics Limited, Xero, and ZIPCOLTD FPO. The Motley Fool Australia owns shares of AFTERPAY T FPO and BETA CYBER ETF UNITS. The Motley Fool Australia has recommended Nanosonics Limited 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 How I’d build a $100,000 ASX portfolio of growth shares appeared first on Motley Fool Australia.

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