Business
2 reliable blue chip ASX share to buy
There are some blue chip ASX shares that could be worth owning for potentially reliable and long-term returns.
What’s a blue chip?
Well, it depends on your definition. For some people it might mean the biggest shares on the ASX share market. Others might say that it’s shares within the ASX 50 or the ASX 100. It may mean that it’s the leader in its industry.
Whatever the size of a blue chip, it may mean that investors can hope for a somewhat more reliable return than the overall market, or it’s able withstand any economic downturns better than other businesses across the economy.
Here are two examples of blue chip ASX shares:
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