Since we’re long-term investors here at the Twelfth Magpie, it makes sense to look at which FTSE 100 stocks might be solid options for growing wealth in the next decade (and beyond).
Today, I’m picking out three favourites to consider buying in June and holding for as long as possible.
Top performer
Shares in mining giant Rio Tinto (LSE: RIO) have been on fire in 2026, partly thanks to soaring metal prices. Anyone snapping up the stock in January will have seen their stake grow by around 30%. This is before we’ve even factored in a 192p dividend paid in April.
At the time of writing, the main index has delivered a little less than 5%.
But it’s the long-term potential I like here. The shift to cleaner energy sources means that metals such as copper, lithium, and aluminium should be in huge demand going forward. Rio is a major player in all three.
Sure, this company has no control over the price of what it digs up, and, yes, commodity markets are highly dependent on the state of the global economy (and China in particular). If history is any guide, the average investor should expect at least a few challenging periods ahead.
Even so, I think there’s an argument for saying that today’s price may look like a bargain in a few years.
Can this FTSE 100 winner keep soaring?
Another FTSE 100 stock that I think could do very well is BAE Systems (LSE: BA.). That might seem like an odd pick. After all, isn’t investing all about ‘buying low and selling high’? Ideally, yes. However, just because a company’s share price has shot up in recent times — and BAE’s most definitely has — doesn’t mean this won’t continue.
Existing investors have clearly ‘benefited’ from the Ukraine-Russia and US-Iran conflicts. A merciful end to these wars could see some sell up. The shares already trade at a frothy price-to-earnings (P/E) ratio of 24.
But this might be a mistake. Governments around Europe are increasing their defence spending on things like submarines and protection against cyber attacks. Contracts for this kind of work last for years, giving great earnings visibility for BAE.
The fact that some/a lot of this is already baked into the price means that gains could be more muted going forward. But the current backdrop suggests returns might still outpace the index.
Monster dividends
Since spreading money around different sorts of businesses is a way of mitigating (but not eliminating) risk, I’m also flagging financial services specialist Legal & General (LSE: LGEN).
Now, in sharp contrast to the other stocks mentioned here, L&G has been something of a disappointment. The share price is actually lower now than five years ago!
Still, those already invested have received a lovely dividend stream. Today, the forecast yield stands at a monster 8.2% for 2026. That’s easily the highest among the biggest companies in the UK stock market.
There’s no guarantee those cash distributions will remain at this level. However, I reckon this company’s exposure to major demographic trends, such as an ageing population needing to secure their financial futures, should allow it to begin moving up the gears in the years ahead.
Should you invest £5,000 in BAE Systems right now?
When investing expert Mark Rogers and his team have a stock tip, it can pay to listen. After all, the flagship Twelfth Magpie Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets.
And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if BAE Systems made the list?
Paul Summers has no position in any of the shares mentioned.
