£2k to invest for retirement? I’d buy cheap FTSE 100 stocks in an ISA today

July 5, 2021 | |Post a Comment

first_img Our 6 ‘Best Buys Now’ Shares Harvey Jones | Saturday, 23rd May, 2020 Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. FTSE 100 stocks are trading at low valuations today, but many investors will be sceptical. Although share prices have rebounded since the March stock market crash, the UK is heading into a recession. The next stage of the FTSE 100 recovery could take longer.Despite that, today looks like a buying opportunity for long-term investors. If you’re looking to fund an early retirement, this could help you get there. Buying FTSE 100 shares in a tax-efficient manner through a Stocks and Shares ISA is still a great way to build wealth.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…FTSE 100 recoveryInvestors looking to buy cheap FTSE 100 shares must take a long-term view. The coming months are going to be bumpy, as the nation emerges blinking from its lockdown. Many companies will collapse. Millions could lose their jobs. We live in unprecedented times.You have to balance these risks against the potential rewards of investing in the FTSE 100. History shows the best time to buy is typically the moment of maximum uncertainty. You will benefit when share prices bounce back.Naturally, you cannot fund an early retirement by investing just £2k. Building a portfolio is a long-term project. The key is to invest whenever you have money to spare. If share prices are down, as they are now, all the better. Then invest more, next time you have funds at your disposal.The earlier you start investing in the FTSE 100, the better. That way your money has longer to grow. Don’t expect to find the perfect moment to buy. If you hang around waiting for another crash, you could be hanging around for a long time.The FTSE 100 may dip in the short run, but over the long term, investing in the index should boost your chances of building enough money to enjoy an early retirement.Plan your retirementYou need to pick your shares carefully right now. Some FTSE 100 companies are still in shutdown. Many will suffer major losses. They will take time to recover. Some won’t.During the crash, strong FTSE 100 companies were sold off with the weak. This is the ideal time to buy them, if you pick your targets carefully. Look for companies with strong balance sheets, reliable revenues, dominant market positions, low debt, and the ability to bounce back when the lockdown is over.Many will also resume their dividends, helping you generate the income you need to enjoy retirement to the max.Stocks and Shares ISAI would always buy FTSE 100 shares using a Stocks and Shares ISA. There’s a choice of platforms, which are cheap, simple and flexible. Better still, you’ll pay no income tax or capital gains tax on your returns, for life.The FTSE 100 will take time to recover. But history suggests it’ll get there. Then climb to new heights.  “This Stock Could Be Like Buying Amazon in 1997” 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.center_img £2k to invest for retirement? I’d buy cheap FTSE 100 stocks in an ISA today Harvey Jones 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. 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. Image source: Getty Images. 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. See all posts by Harvey Joneslast_img

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