Investor appetite for UK shares remains weaker than milky tea at the start of September. The Covid-19 crisis continues to weigh upon market confidence and fears over trade wars and Brexit are damaging sentiment too. The FTSE 100 has dropped further below 6,000 points in start-of-month business and, as I type, deals at its lowest since late July.
Stock investors feel stuck between a rock and a hard place right now. There are lots of high-quality UK shares trading at prices that seem to be too good to miss. But memories of the stock market crash earlier in 2020 continues to dampen risk appetite.
Our view here at The Motley Fool is emphatic. We believe investors are missing a brilliant investment opportunity to get rich by sitting on their hands. If you want to make serious money from UK shares you need to take the opportunity to buy after stock market crashes. That way you can build a five-star portfolio for little cost and then watch it boom in value as economic conditions improve and UK share prices rebound.
2 top stocks to buy in September
I continue to buy UK shares for my Stocks and Shares ISA. I take confidence in studies that show long-term investors make an average return of at least 8% a year. Stock market crashes come and go. For those who keep the faith and continue buying, the rewards can be huge. Just ask the huge number of ISA millionaires created in the tumultuous decade following the 2008/2009 stock market crash.
Here are a couple more top-quality UK shares I’m thinking of buying in September. They might even soar in value during the next few weeks:
- Buying gold-producing stocks remains a good idea for September. It’s not just huge macroeconomic uncertainty that could drive the precious metal price to new record highs soon. The tanking US dollar, which just fell to 25-month lows against multiple currencies, should also keep driving gold values. I’d buy Trans-Siberian Gold to ride this train. It’s forward P/E ratio of 8 times looks too good to miss. It offers an attractive 2.5% dividend yield too.
- With the UK economy in the doldrums, I believe buying Begbies Traynor Group is a terrific idea too. This UK share has trended lower again in recent weeks and I reckon this provides a fresh dip-buying opportunity. Indeed, with the government gradually unwinding Covid-19 support before pulling its furlough scheme entirely on 31 October, this business can expect trade to start rocketing. Today, the AIM company trades on a reasonable forward P/E ratio of 15 times and carries a meaty 3.5% dividend yield.
Make a million with UK shares
These are just a couple of top-quality UK shares that could surge in value in September. And The Motley Fool’s epic library of exclusive reports can help you find even more. So throw away your fears of another stock market crash and get investing today, I say. You could get very, very rich and possibly even make a million.
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.