Market crash: is this the perfect chance to buy bargain FTSE 100 stocks and become an ISA millionaire?

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. 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. Kirsteen Mackay | Sunday, 14th June, 2020 Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Market crash: is this the perfect chance to buy bargain FTSE 100 stocks and become an ISA millionaire? Stock market investing has created many millionaires over the years. And even a few billionaires if you include the excessive wealth of Warren Buffett and his peers.But this isn’t the sole preserve of the already wealthy. A stock market crash gives ordinary investors the opportunity to embark on the road to riches. This is the time when even the best quality companies, such as those in the FTSE 100, are trading below value. Buying bargain shares during a market crash can prove very lucrative long term.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…Stock market declineUK data shows the economy in March-April contracted to a level last seen in 2002. While this may be the low point of an economic crash, recovery will be slow. As the UK starts to reopen, its troubles are far from over. The Bank of England governor has warned the deepest recession in three centuries could be on the cards. I think this means further stock market crashes are highly likely.However, a market crash also throws up opportunities. Many of UK’s wealthiest companies, found in the FTSE 100, have been affected by the coronavirus pandemic. But, given time, I’m confident they’ll recover.A disciplined approach to investingSuccessful investors are disciplined in their commitment to investing through a regular payment plan. A Stocks and Shares ISA is the simplest place for you to set this up and start building your wealth.It’s easy to open one and contribute a regular monthly amount. It’s also very simple to manage your portfolio actively. You can choose from a wealth of products to invest in and the tax-free allowance for the year is £20k.Inside a Stocks and Shares ISA, you can buy individual equities, index funds that track the performance of your favourite indices, bonds, exchange-traded funds (ETFs), or investment trusts. A selection of each is a great way to diversify your portfolio and hedge against risk.Your tax-free allowance means you can invest up to £20k, but it also means any profit you make on that sum, or dividends you receive from your shares, won’t be taxed either. That’s what makes it such a sensible option for ordinary investors. It arguably carries more risk than a traditional savings account but, equally, it offers far more scope for reward.Becoming an ISA millionaireOn the road to becoming an ISA millionaire, compound interest is your friend. By reinvesting your dividends, you increase the interest you earn on your interest. This is the trick successful investors use to make their wealth grow substantially.If you invest £285 a month and your investments bring you a return of 8% a year, it’ll take you around 40 years to reach £1m. This may be too far in the future for older investors, but for those young enough, it’s worth getting started. If you don’t have a 40-year time frame, this can be reduced by increasing the monthly investment, or the percentage annual return.For risk-averse investors, the FTSE 100 offers a margin of safety. Although many FTSE 100 companies have cancelled their dividends in response to the pandemic, I’m sure they’ll reinstate them when things settle down.center_img 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. See all posts by Kirsteen Mackay Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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’ Shareslast_img read more

RSL Crushes Galaxy

first_img Tags: MLS/Real Salt Lake/Soccer FacebookTwitterLinkedInEmail(Sandy, UT)  —  Real Salt Lake had another huge win over the weekend with a 6-2 victory over the L.A. Galaxy at home.Damir Kreilach recorded a hat trick for RSL and Albert Rusnak added two goals.  RSL is the first MLS team to record six goals in two straight games.They’re off until September 15th. September 2, 2018 /Sports News – Local RSL Crushes Galaxy Written by Robert Lovelllast_img