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How I’d invest $20,000 in the ASX share market right now

How I’d invest $20,000 in the ASX share market right now

Putting a lump sum to work in the market can feel a little daunting. There are thousands of listed companies on the ASX and plenty of different strategies investors can follow.

If I had $20,000 to invest right now, I would look to spread the money across a handful of businesses operating in different industries.

That way, the portfolio isn’t overly dependent on any single company or sector.

Here are five ASX shares I would consider for a $20,000 portfolio today.

Woman laying with $100 notes around her, symbolising dividends.

Image source: Getty Images

Netwealth Group Ltd (ASX: NWL)

Netwealth is one of the standout wealth platform businesses on the ASX.

The company provides a platform used by financial advisers to manage client investments, reporting, and…

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