3 ASX shares to buy now that could help you retire a millionaire

MotleyFool05-04

I'm sure that most readers will agree that retiring as a millionaire would be very welcome. Well, the good news is that investing in ASX shares could be one way to achieve this goal. How can you ...

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How can you ...</p>\n\n<a href=\"https://www.fool.com.au/2024/05/04/3-asx-shares-to-buy-now-that-could-help-you-retire-a-millionaire/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 ASX shares to buy now that could help you retire a millionaire</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 ASX shares to buy now that could help you retire a millionaire\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-04 05:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/05/04/3-asx-shares-to-buy-now-that-could-help-you-retire-a-millionaire/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I'm sure that most readers will agree that retiring as a millionaire would be very welcome. Well, the good news is that investing in ASX shares could be one way to achieve this goal. How can you ...</p>\n\n<a href=\"https://www.fool.com.au/2024/05/04/3-asx-shares-to-buy-now-that-could-help-you-retire-a-millionaire/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7503","symbol_name":"科技股","start_time":0,"source_url":"https://www.fool.com.au/2024/05/04/3-asx-shares-to-buy-now-that-could-help-you-retire-a-millionaire/","article_id":"2432651130","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432651130","pubTimestamp":1714771680,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"I'm sure that most readers will agree that retiring as a millionaire would be very welcome. Well, the good news is that investing in ASX shares could be one way to achieve this goal. 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But what impact could a return like that have on your portfolio?If you invest $10,000 into ASX shares each year and generated this level of return you would have grown your wealth to approximately the following:  5 years: $83,000 10 years: $200,000 15 years: $390,000 20 years: $700,000 25 years: $1.2 million  You can also look to accelerate your wealth ","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7503":"科技股","BK7016":"应用软件","BK4550":"红杉资本持仓","BK4588":"碎股","BK4552":"Archegos爆仓风波概念","BK7501":"新冠治疗股","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4504":"桥水持仓","BK7094":"医疗保健技术","PME.AU":"PRO MEDICUS LTD","LU0106831901.USD":"贝莱德世界金融基金A2","CSL.AU":"CSL LIMITED","BK4127":"投资银行业与经纪业","XRO.AU":"XERO LTD","BK7508":"医药生物股","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK7511":"ESG概念","BK4585":"ETF&股票定投概念","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","BK7067":"生物科技"},"translate_title":"现在购买3股ASX股票，可以帮助你退休的百万富翁","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XRO.AU":1,"PME.AU":1,"CSL.AU":1},"content_text":"I'm sure that most readers will agree that retiring as a millionaire would be very welcome. Well, the good news is that investing in ASX shares could be one way to achieve this goal. How can you become a millionaire with ASX shares? The key to growing your wealth with ASX shares is to invest in quality companies with a long term view. By doing this, you have the power of compounding on your side, supercharging your returns every year. The share market has generated an average return of 10% per annum. And while there is no guarantee that the market will deliver similar returns in the future, I believe it is fair to plan for such a return. But what impact could a return like that have on your portfolio? If you invest $10,000 into ASX shares each year and generated this level of return you would have grown your wealth to approximately the following:  5 years: $83,000 10 years: $200,000 15 years: $390,000 20 years: $700,000 25 years: $1.2 million  You can also look to accelerate your wealth generation by increasing the amount you invest each year. Which shares could be buys? As I mentioned at the top, a focus on quality companies is always a good idea when investing in ASX shares. One that could tick this box is health imaging technology company Pro Medicus Limited (ASX: PME). Goldman Sachs is very positive on the company and has a buy rating and $134.00 price target on its shares. It said:  We view PME as the clear incumbent technology leader in a growing market with a strong financial profile and significant AI upside.  Another ASX share that gets a big thumbs up from analysts at Goldman Sachs is Xero Limited (ASX: XRO). It has a conviction buy rating and $156.00 price target on its shares. It commented:  We see Xero as very well-placed to take advantage of the digitisation of SMBs globally, driven by compelling efficiency benefits and regulatory tailwinds, with >100mn SMBs worldwide representing a >NZ$100bn TAM.  Finally, analysts at Morgans think biotech giant CSL Ltd (ASX: CSL) would be a quality option for investors. The broker has an add rating and $330.00 price target on its shares. It said:  [W]e continue to view CSL as a key portfolio holding and sector pick, offering double-digit recovery in earnings growth as plasma collections increase, new products get approved and influenza vaccine uptake increases around ongoing concerns about respiratory viruses.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432651130"}