3 ASX ETFs to buy and hold for 10 years (or longer)

I believe that buy and hold investing is one of the best ways to grow your wealth.

If you can find some quality ASX shares to buy for the long-term, you have the potential to grow your wealth materially.

For example, if you were to invest $6,000 each year into the share market and earned a return of 9.6% per annum, you would have a $1 million portfolio in 30 years.

But what if you’re not a fan of stock picking? Well, you could consider ASX ETFs. They allow you to invest in large (sometimes extremely large!) groups of shares through a single investment.

With that in mind, listed below are a few ASX ETFs that could be worth considering as buy and hold investments. They are as follows:

iShares S&P 500 ETF (ASX: IVV)

The iShares S&P 500 ETF could be a great long-term option for investors. It provides easy access to 500 of the top listed companies on Wall Street. This means you’ll be investing in a diverse group of shares, including countless household names, from a range of different sectors. Among its holdings are the likes of Amazon, Apple, Johnson & Johnson, and Walt Disney.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

If there were a king of buy and hold investing, it would be Warren Buffett. He has had significant success over multiple decades thanks to his focus of buying quality companies for the long-term. The good news is that the VanEck Vectors Morningstar Wide Moat ETF allows you to invest in this style by providing investors with access to a group of shares with fair valuations and wide moats.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

A final ASX ETF for buy and hold investors to consider is the Vanguard MSCI Index International Shares ETF. This ETF gives investors access to a massive ~1,500 of the world’s largest listed companies through a single investment. As with the iShares S&P 500 ETF, this could make it a great option if you’re looking to diversify your portfolio.