You won’t make a million with Bitcoin! But investing £250 a month in UK shares may do it
published 01.08.2020 14:09
Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down… You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.
5 Stocks For Trying To Build Wealth After 50 Markets around the world are reeling from the coronavirus pandemic… And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.
So forget about gambling your money with Bitcoin: trying to get rich with shares is a much better idea.
But they remain a much clearer, more robust and less risky way for investors to put their money to work than Bitcoin.
Sure, they’re not immune to extreme volatility themselves, as the 2020 stock market crash illustrates.