Three ASX 200 shares to buy and hold for the next decade.

There are two main reasons for this. First, market gains are non-linear. If you invest for just 12 months, you might get lucky and earn an above-average return, but you could also end up with a below-average or even negative return. Historically, these fluctuations balance out over several years, leading to an average return of around 10% per annum over the long term.

The second reason why a buy-and-hold strategy is effective for wealth growth is compounding. Compounding occurs when you earn returns on your initial returns, which can significantly amplify your investment over time. For example, a $10,000 investment growing at 10% per year could increase to approximately $16,100 in 5 years and $42,000 in 15 years.

With this in mind, let’s explore three ASX 200 shares that could be excellent buy-and-hold options for the next decade and beyond.