How to build your first $10,000 ASX share portfolio

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Getting started in the share market can feel scary, especially when you’re building your first portfolio.

The good news is that with $10,000, you can create a solid, diversified base that balances growth potential, income, and global exposure.

Here’s one example of how you might spread your money across a mix of ASX shares:

Blue-chip stability

Every portfolio needs a strong anchor. Two household names that provide stability and long-term growth are BHP Group Ltd (ASX: BHP) and Coles Group Ltd (ASX: COL).

BHP is one of the world’s largest miners and a leader in iron ore, copper, and other resources that power global infrastructure and clean energy transitions. Coles, on the other hand, is a defensive supermarket giant with steady cash flows and resilience during economic cycles.

Allocating around $2,500 here gives you exposure to reliable blue chip businesses that can underpin your portfolio.

Growth exposure

Adding in some ASX growth shares could help your portfolio compound faster over time. WiseTech Global Ltd (ASX: WTC) and Xero Ltd (ASX: XRO) arguably are two standout examples.

WiseTech develops logistics software used around the world, benefiting from global trade and supply chain digitalisation. While Xero has built a strong position in cloud accounting, serving small businesses in Australia, New Zealand, the UK, and beyond.

Together, a $2,500 allocation could give your ASX share portfolio exposure to structural growth themes like technology adoption and globalisation.

ETFs for diversification

Exchange traded funds (ETFs) are an easy way to diversify an investment portfolio quickly. With just one trade, you can own hundreds of stocks.

One ASX ETF worth considering is the iShares S&P 500 ETF (ASX: IVV). It provides exposure to the largest U.S. stocks like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nvidia (NASDAQ: NVDA).

Others to consider are the Vanguard MSCI Index International Shares ETF (ASX: VGS), which could broaden your global exposure across Europe, Japan, and more, and the BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC), which allows you to capture the performance of leading Aussie tech names.

Allocating the remaining $5,000 across ETFs like these gives your portfolio instant global reach and cushions against volatility in individual stocks.

Foolish takeaway

Building your first $10,000 ASX share portfolio doesn’t need to be complicated. By blending blue-chip stability with innovative growth and ASX ETFs, you can create a foundation that’s both diversified and geared for long-term success.

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