Forget the Bitcoin price! Here’s how I’d invest £100 a week to make a million

first_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images See all posts by Peter Stephens 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. “This Stock Could Be Like Buying Amazon in 1997” 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Peter Stephens owns shares of Aviva, BAE Systems, and Vodafone. 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.center_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. The Bitcoin price has gained around 170% since the start of the year. Therefore, UK investors may feel that it offers a better means of making a million compared to FTSE 100 and FTSE 250 shares.However, the stock market may offer better value for money than the virtual currency. It also has a longer track record of growth. In fact, by investing £100 per week in UK shares, it may be possible to make a million over the long run.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…Investing £100 per week to make a millionThe premise that a sum of £1m can be obtained by investing £100 per week may sound unlikely at first glance. After all, it would take 10,000 weeks, or 192 years, for £100 per week to be worth £1m – assuming that it does not produce any return. As such, buying into the Bitcoin price rise may sound more appealing.However, investing money in UK shares has historically led to high-single-digit returns that really add up when compounded. For example, the FTSE 100 has recorded an 8% annual total return since its inception in 1984. Assuming the same rate of return in future would turn a £100 weekly investment into a portfolio worth over a million within 35 years.Buying today’s cheap UK shares instead of BitcoinInvesting £100 per week in today’s cheap UK shares could produce even higher returns than the FTSE 100. Many companies, such as Aviva, Vodafone and BAE, currently trade on low valuations compared to their historic averages. Certainly, they face difficult operating conditions in the short run caused by the coronavirus pandemic. But their financial performances in recent months have been relatively solid. And with strong market positions, they could deliver impressive returns in the coming years.By contrast, the Bitcoin price may now offer poor value for money after its gains since the start of the current year. As with any asset, the higher the price paid, the less scope there is for capital appreciation in the long run. Moreover, the virtual currency lacks fundamentals. This means that there are no earnings, nor assets, that can be used to justify its price. This may mean that it currently trades at a price that overvalues its prospects. The end result could be poor performance relative to other assets, such as UK shares.Making a million from today’s cheap sharesClearly, Bitcoin and UK shares both face uncertain near-term outlooks. However, in the case of FTSE 100 and FTSE 250 shares, they appear to have attractive prices that take into account the prospect of a challenging economic outlook in 2021. Therefore, they could offer a better means of making a million. Over time, they could turn a modest regular investment into a seven-figure portfolio that significantly improves an investor’s financial prospects over the coming years. Simply click below to discover how you can take advantage of this. Enter Your Email Address Peter Stephens | Monday, 7th December, 2020 Forget the Bitcoin price! 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