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5 ASX shares to recommend to beginners

1 min read Rewritten in plain language

How To Invest

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  • Buying your first few ASX shares can feel overwhelming when there are thousands of companies to choose from.
  • For a beginner, that provides an interesting introduction to a financial business that looks different from the Australian banks.
  • Woolworths is another ASX share beginners should consider.
  • The company pays dividends as well, which can give new investors another way to see how owning shares can generate returns over time.
  • For someone researching their first few ASX shares, each is a sensible place to start.

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Headline as published: 5 ASX shares I'd recommend to beginners

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Buying your first few ASX shares can feel overwhelming when there are thousands of companies to choose from.

Macquarie would be one of the first shares to consider.

The company operates across areas including asset management, infrastructure, commodities, financial markets, banking, and advisory.

For a beginner, that provides an interesting introduction to a financial business that looks different from the Australian banks.

Macquarie earns money from managing assets for clients, helping businesses manage commodity and financial risks, lending, and providing other financial services around the world.

Earnings can move around from year to year, so to not expect a smooth ride.

Woolworths is another ASX share beginners should consider.

Most Australians are familiar with its supermarkets and the role they play in everyday spending.

Grocery demand is also fairly dependable. People may cut back on discretionary purchases when budgets become tighter, but they still need food and household essentials.

The company pays dividends as well, which can give new investors another way to see how owning shares can generate returns over time.

Mobile phones and internet connections have become services for households and businesses, giving Telstra recurring demand through different economic conditions.

ResMed would give beginners stronger growth potential.

For someone researching their first few ASX shares, each is a sensible place to start.

Shortened to 1 minute of reading, this version reads 13.3 on the Niral Score.

You are reading our version, not theirs. This is The Motley Fool Australia's report shortened to its most important sentences, in plainer words, with verdicts and loaded words taken out. Plain description stays, and so do adjectives that carry a fact, such as "former" or "federal". The reporting, the facts and the quotations are theirs — quotations are never edited — and the indicators beside it measure this version. Hover or tap Adjectives to see every one left in the text.

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The Motley Fool Australiaas they published this story 24.2 22 0.8 54.2
Mundane Readneutralized from The Motley Fool Australia 15.8 16 0.5 54.2

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