2020 stock market crash: an unmissable chance to build a £1m Stocks and Shares ISA with UK shares?

first_img See all posts by Royston Wild Royston Wild | Monday, 9th November, 2020 Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Image source: Getty Images Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img UK share markets continue to enjoy a mini tear-up following Joe Biden’s US presidential election victory. The FTSE 100 burst back through the critical 6,000-point marker today as it blasted further away from recent six-month troughs. It’s hoped that the Democratic victory will lead to more rounds of heavy stimulus to mend the battered US economy.It’s too early to say whether or not the optimism washing over global stock markets will last. Spiking Covid-19 infection rates all across the world still cast a long shadow over the global economy. Many of those thinking of investing in UK shares are likely to continue sitting on the sidelines until the mist clears.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…Getting rich with an ISAThis isn’t a strategy that I agree with, though. Stock market crashes can help Stocks and Shares ISA investors like me to get stinking rich. History shows us that those who buy after UK share prices plummet during economic crisis often make eye-popping riches in the subsequent years. It’s a perfect example of fortune favouring the brave.Sure, global equities have enjoyed a ‘Biden Bounce’ in recent days. But a large number of UK shares still trade at what I consider to be bargain-basement prices following the stock market crash of early 2020. And there are plenty of quality stocks like this that I’m considering adding to my ISA today.I’m confident that cut-price shares with strong balance sheets and bright long-term profits outlooks will rebound strongly in price during the 2020s. They will likely rise as economic conditions improve and investor confidence steadily recovers. And, as a consequence, I can sit back and expect to make a fortune in the process. Opportunistic investing like this helped hundreds of Stocks and Shares ISA investors build investment UK share portfolios worth £1m or more in the decade following the banking crisis of 2008 and 2009.Making millions with UK sharesWe all know that stock investing is a proven way to make brilliant returns. Studies show that long-term Stocks and Shares ISA investors make an average yearly return of 8-10%. This means that someone who maxes out their £20,000 annual allowance by investing an equal amount each month can realistically expect to have become a stock market millionaire inside 19 years.Unfortunately, not all of us can afford to invest that much each month. And this is where the beauty of buying UK shares after market crashes comes in. The stock market that always follow economic crises mean that we can expect to make returns much bigger than that long-term-8%-to-10% yearly average.Don’t forget that the FTSE 100 more than doubled in the nine years following the banking crisis. And I reckon UK share markets have a great chance to soar again when the Covid-19 crisis ends, helped by ultra-loose central bank monetary policy. Buying after the 2020 stock market crash has boosted my chances of joining the millionaires club. And I plan to keep building my ISA portfolio too. 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. 2020 stock market crash: an unmissable chance to build a £1m Stocks and Shares ISA with UK shares? 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. 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. Enter Your Email Addresslast_img

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