How to choose your first 5 ASX shares

A group of young ASX investors sitting around a laptop with an older lady standing behind them explaining how investing works.

Image source: Getty Images

Starting your investing journey can feel overwhelming. With over 2,000 listed companies to choose from, how do you know which ASX shares are right for your first portfolio?

The good news is that you don’t need to pick the next market darling or jump on high-risk trends to succeed.

In fact, some of the best long-term results come from sticking to the basics—buying quality companies at fair valuations.

Here’s a step-by-step guide to choosing your first 5 ASX shares.

Focus on businesses you understand

As a beginner, it is best to start with companies you recognise or can easily research. Look for businesses whose products or services you use in your daily life—banks, supermarkets, healthcare…

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