Has there ever been a better time to try and get rich with UK shares? History shows us that share prices always surge in value following a stock market crash. I’d argue, then, that the 2020 market crash offers the best chance for UK share investors to make a million since the 2008/2009 banking crisis.
The number of Britons making millions in Stocks and Shares ISAs exploded in the years following the collapse of Goldman Sachs. They bought high-quality UK shares after they tanked in value. They then watched them rocket as the global economy recovered, corporate profits turned the corner, and confidence came flooding back into financial markets.
Buying UK shares is certainly a better way to try and get rich than by buying the Bitcoin price. The cryptocurrency remains highly volatile and has already lost 14% of its value during the first several days of September. Hoping to get rich with Bitcoin is a gamble and success here is down to nothing more than fortunate timing. Owning UK shares in an ISA is a much more sensible way to try and get rich, in my opinion.
2 too-good-to-miss FTSE 100 shares
I’ve used the stock market crash as an opportunity to buy shares for my own Stocks and Shares ISA. Give me a few minutes to chat about some more top-drawer UK shares that are on my watchlist:
- Recent Covid-19 lockdowns have boosted the outlook for UK shares involved with online retail. A recent report by IBM suggests the coronavirus crisis accelerated the shift to e-commerce by five years. Yet DS Smith — a packaging manufacturer with a huge focus on e-commerce — has seen its share price fall 30% in 2020. This leaves it dealing on a rock-bottom P/E ratio of 11 times and makes it one of the biggest bargains on the FTSE 100. I own shares in DS Smith and I’m tempted to buy some more.
- I’d buy FTSE 100-listed The Berkeley Group as well. Right now it trades on a forward P/E ratio of 14 times and carries a 4.6% dividend yield. I wouldn’t buy it on news that, despite the Covid-19 crisis, UK house prices hit new record highs in August though. Property values are likely to backtrack in the near term as economic conditions worsen. No, I’d buy it because I expect Britain’s homes shortage to persist for many years to come. And this should keep demand for this UK share’s newbuild homes ticking over nicely. It’s a phenomenon that’s particularly strong in Berkeley’s key London market too.
More million-making UK shares I’d buy today
Berkeley and DS Smith are just a couple of the excellent FTSE 100 shares you and I can pick up for next to nothing today. And The Motley Fool’s huge catalogue of special reports can help you discover even more. So forget Bitcoin and focus on investing in UK shares today, I say. You could get seriously rich and possibly even make a million.
Savvy investors like you won’t want to miss out on this timely opportunity…
Here’s your chance to discover exactly what has got our Motley Fool UK analyst all fired up about this ‘pure-play’ online business (yes, despite the pandemic!).
Not only does this company enjoy a dominant market-leading position…
But its capital-light, highly scalable business model has previously helped it deliver consistently high sales, astounding near-70% margins, and rising shareholder returns … in fact, in 2019 it returned a whopping £150m+ to shareholders in dividends and buybacks!
And here’s the really exciting part…
While COVID-19 may have thrown the company a curveball, management have acted swiftly to ensure this business is as well placed as it can be to ride out the current period of uncertainty… in fact, our analyst believes it should come roaring back to life, just as soon as normal economic activity resumes.
That’s why we think now could be the perfect time for you to start building your own stake in this exceptional business – especially given the shares look to be trading on a fairly undemanding valuation for the year to March 2021.
Royston Wild owns shares of DS Smith. The Motley Fool UK has recommended DS Smith. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
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