ASX Share Ideas
2 ETFs I’d buy in May 2023
Exchange-traded funds (ETFs) may be the easiest way to invest in shares because of the instant diversification and typically good returns.
May 4, 2023
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
Exchange-traded funds (ETFs) may be the easiest way to invest in shares because of the instant diversification and typically good returns.
The National Australia Bank Ltd (ASX:NAB) share price is in the spotlight today after the big ASX bank share revealed its FY23 half-year result.
The Flight Centre Travel Group Ltd (ASX:FLT) share price is up 2% after the ASX travel share revealed a strong FY23 trading update.
The JB Hi-Fi Limited (ASX:JBH) share price is under the spotlight today after the business announced its sales update for the March quarter.
The Woolworths Group Ltd (ASX:WOW) share price is down even though the business reported strong sales growth in the third quarter of FY23.
The Qantas Airways Limited (ASX:QAN) share price is in focus after the airline business announced the next CEO of the ASX share.
The Adore Beauty Group Ltd (ASX: ABY) share price is in focus after the company
I’ve got my eyes on these ASX shares in May 2023. I think they’re great value and can deliver outperformance in the coming years.
The Coles Group Ltd (ASX:COL) share price fell over 1% despite reporting strong sales growth in the third quarter of FY23.
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