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No savings at 50? I’d buy cheap UK shares after the stock market crash to retire in comfort

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. No savings at 50? I’d buy cheap UK shares after the stock market crash to retire in comfort I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares Peter Stephens | Saturday, 31st October, 2020 See all posts by Peter Stephens Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Buying cheap UK shares after the stock market crash may not seem to be a sound means of planning for retirement. After all, many FTSE 100 and FTSE 250 companies have declined heavily in value since the start of the year.However, their low prices could present buying opportunities. Their recovery potential could mean they provide a sound means of building a retirement nest egg for an investor aged 50, or for those who have a long time horizon.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Recovering after a stock market crashThe stock market crash has left many UK shares trading at low prices levels. They may persist in the short run, due to ongoing risks such as Brexit and the coronavirus pandemic. But the long-term prospects for indexes such as the FTSE 100 and FTSE 250 could be relatively positive. Both indexes have produced high single-digit annual total returns since inception, despite experiencing multiple setbacks in that time.In fact, they’ve always recovered from even the very worst market declines. While this year’s market downturn took place at a fast pace, it ultimately hasn’t been any more severe than other bear markets. For example, the global financial crisis wiped over 50% from the FTSE 100’s price level. By comparison, the index declined by around a third in the first quarter of 2020.Certainly, there are risks in place that could cause a second stock market crash in the coming months. However, the key takeaway for investors could be that the stock market is likely to recover from its current price level. As such, buying UK shares today while they offer wide margins of safety could prove to be a profitable long-term move.A long time horizonAs mentioned, a stock market crash cannot be ruled out in the short run. However, long-term investors are likely to have sufficient time available for their portfolios to recover. Hopefully before they need to access their capital to obtain a passive income.As such, an investor aged 50 is likely to have sufficient time for their portfolio of FTSE 100 and FTSE 250 shares to recover from their current low prices before they reach retirement age. In doing so, today’s cheap UK shares may be able to offer market-beating returns due to them offering good value for money. In fact, a wide range of stocks appear to have the financial means to overcome short-term risks. And then to benefit from a long-term recovery.Therefore, while it’s natural for any investor to feel more cautious after the stock market crash, now could prove to be an excellent long-term buying opportunity. It may provide an investor with the chance to buy high-quality businesses for less than they’re worth. This may result in a larger portfolio that allows an investor to retire in comfort. Simply click below to discover how you can take advantage of this. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997”last_img

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