ASX Growth Shares
3 ASX tech shares I’d buy with $5,000
If I had $5,000 to invest into ASX tech shares, it’d be an exciting prospect. One idea is Temple & Webster Group Ltd (ASX:TPW).
October 20, 2021
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.
If I had $5,000 to invest into ASX tech shares, it’d be an exciting prospect. One idea is Temple & Webster Group Ltd (ASX:TPW).
The Deterra Royalties Ltd (ASX:DRR) share price is on watch today as BHP Group Ltd (ASX: BHP) gave its quarterly update.
The Bapcor Ltd (ASX:BAP) share price is on watch today after the auto parts stock provided a trading update for the first quarter of FY22.
There is one exchange-traded fund (ETF) that I would definitely want to buy if I had $1,000 to invest into it, the QLTY ETF.
The Class Ltd (ASX:CL1) share price is currently up an astounding 63% today after receiving a takeover approach from Hub24 Ltd (ASX:HUB).
The Australian Ethical Investment Limited (ASX:AEF) share price is rising after a solid start to FY22.
The Aristocrat Leisure Limited (ASX:ALL) share price is on watch after announcing a proposed buy of Playtech PLC (LON:PTEC).
If I had $10,000 to invest into ASX shares, I know where I’d want to put that money to work. I’d choose stocks like Redbubble Ltd (ASX:RBL).
If I were investing in ASX 200 (ASX:XJO) shares for capital growth and dependable dividends, I know two that’d be high on my list.
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