The FTSE 100 is having a right old wobble again. It’s just fallen below critical technical support around the 6,000-point mark and more heavy short-term losses could now be around the corner. Shocking GDP data from the US has prompted this fresh dive lower, and news of rising Covid-19 infection rates could keep investor confidence in the gutter.
It’s not something that’s discouraging me from continuing to invest, though. Stock markets crashes come and go. They don’t stop investors in UK shares from making a fortune over the long run. Indeed, there are a number of reasons to expect the FTSE 100 to soar from its recent troughs and maybe even hit record highs before too long.
I reckon the 2020 stock market crash provides an opportunity for investors to make a fortune. The FTSE 100 more than doubled between 2008 and 2018 as appetite for UK shares exploded. It’s a development that saw the number of ISA investors boom over the past decade. And I believe investors can expect stock prices to rocket again in the 2020s.
Grab big dividends with these FTSE 100 bargains
There’s a number of FTSE 100 dividend shares I’m liking at current low prices. Give me a few minutes to share these with you.
- I think there’s plenty of room for Vodafone Group shares to rocket from recent levels. The telecoms titan trades on a rock-bottom, sub-1 forward price-to-earnings growth (PEG) ratio of 0.5. It’s a reading I don’t think reflects the breakneck pace at which data demand is rocketing in emerging markets. It’s a phenomenon that should turbocharge profits at this Footsie share over the next decade. One more thing: at current prices Vodafone sports a colossal 6.9% dividend yield, too.
- The surging gold price is commanding plenty of column inches today. And I fully expect it to continue doing so over the medium-to-long term, supported by heightened macroeconomic uncertainty and vigorous central bank money printing. This makes precious metals digger Polymetal International another great FTSE 100 stock to buy today. This particular blue chip trades on a PEG multiple of 0.2 while it sports a brilliant 4.5% dividend yield, too.
- Standard Life Aberdeen is also too good for value and dividend investors to miss, in my opinion. On top of a forward PEG ratio of 0.4, the asset manager’s dividend yield for 2020 sits at a mammoth 8%. Investors in this Footsie share should expect profits to steadily rise as economic conditions improve from their 2020 lows and demand for its financial services picks up. And this should naturally lift the share price.
Get busy buying
Buying these FTSE 100 shares at today’s prices leaves ample room for investors to print excellent returns during the 2020s. However, these are not the only dirt-cheap blue chips worthy of your attention today. The stock market crash provides an abundance of opportunities for you and me to build a formidable shares portfolio at little cost. And it could even help you become an ISA millionaire.
Markets around the world are reeling from the coronavirus pandemic…
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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.