The rising price of gold may lead some investors to sell FTSE 100 shares to buy the precious metal. However, the low valuations prevalent across the index after the stock market crash mean it could be a better means of making a million.
As such, now could be the right time to build a diverse portfolio of cheap shares. They could improve your long-term financial outlook.
Cheap FTSE 100 shares after the stock market crash
While the FTSE 100 has regained some of its lost ground since the stock market crash, it continues to trade around 20% lower than it did at the start of the year. Therefore, a number of stocks could offer wide margins of safety that gradually narrow over the long run as the economic outlook improves.
Within the index, some stocks are trading at exceptionally cheap prices that are much lower than their historic averages. Investor