I'd trust these 5 ASX shares with my super for 20 years. The last one is my boldest pick

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Check out my four picks for stable returns, and one which might make a splash. The post I'd trust these 5 ASX shares with my super for 20 years. The last one is my boldest pick…

Many superannuation funds these days allow you to select your own stock portfolio rather than simply relying on the fund managers to invest your money.

I once met with the chief executive officer of one of Australia's largest superannuation funds who sought to dissuade me from doing this.

His pitch was simple: our entire job is to select the best investments for you. Do you think you can do better picking stocks yourself?

But just as selecting your own stocks can come with downside you wouldn't otherwise suffer, on the other hand, there is the potential to do really well, and have a positive impact on how much you'll end up with in retirement.

My philosophy for superannuation shares is to buy into companies which fit into so-called "megatrends", such as the world's increasing shift towards electrification, or ones which have a particular market all but sewn up.

Generally speaking I'm not swinging for the fences looking for massive returns, but I'm looking for companies with a history of compound growth and a likelihood that they'll be able to keep it up well into the future.

But to keep it interesting, it's good to have one company in there which might just soar.

So without further ado, here are the four companies I think will compound nicely, and one which I think it's worth rolling the dice on.

While I'm keen on BHP for its ability to grow steadily over the long term, you can't argue that its return over the past year has been anything but excellent.

Opening of the article, excerpted from The Motley Fool Australia. To read the rest, open the article on the publisher's site.