Forget Bitcoin! I’d buy these 2 FTSE 100 dividend stocks to get rich and retire early

first_imgForget Bitcoin! I’d buy these 2 FTSE 100 dividend stocks to get rich and retire early Harvey Jones | Friday, 16th October, 2020 | More on: AAL SBRY 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. Image source: Getty Images 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. See all posts by Harvey Jones Our 6 ‘Best Buys Now’ Shares Enter Your Email Addresscenter_img Simply click below to discover how you can take advantage of this. Harvey Jones 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. Cryptocurrency Bitcoin maybe climbing again, but I still believe FTSE 100 dividend stocks are a superior way to build your long-term wealth. While the stock market has been hit hard by the pandemic, history shows it always recovers in the long run.This year’s sell-off gives you a great opportunity to buy cheap UK shares, and generate the income and growth you need to get rich and retire early, if that’s what you want.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…Although many FTSE 100 dividend stocks have suspended their shareholder payouts, others still yield 4%, or more. By contrast, Bitcoin doesn’t pay any income, and never will. Also, its movements are entirely unpredictable. Nobody knows why it has just shot up to $11,300. It just did. Next week’s movements will be just as random. That’s why I’d rather buy these two bargain-priced shares.Unlike Bitcoin, grocery chain J Sainsbury (LSE: SBRY) has a key role to play in a modern global economy – keeping people fed. The big supermarkets proved their value during the pandemic. What did Bitcoin do?Check out this cheap FTSE 100 dividend shareThe problem with investing in supermarkets is that they operate to fine margins in a highly competitive market. In the case of Sainsbury’s, profit margins stand at just 2.2%. The arrival of Aldi and Lidl from Germany has made a tough job even harder. The Sainsbury’s share price is down a third compared to two years ago, despite avoiding the worst of this year’s stock market crash.Investors who hold Sainsbury’s should treat any share price growth as a bonus, and focus on the FTSE 100 group’s dividend income prospects. Management deferred its payout in April, despite rising sales, as it didn’t want to be seen as profiteering in the lockdown. Analysts predict it will be back next year, and forecast a yield of 4.8%, nicely covered 1.8 times.I would, nonetheless, consider buying this top FTSE 100 dividend stock at today’s attractive entry point of just 10.1 times earnings. That looks good value, whereas Bitcoin’s inflated price scares me.Get rich and retire early on thisThe mining sector is a happy hunting ground for FTSE 100 dividend stocks, and I’d also check out the Anglo American (LSE: AAL) share price. Mining companies are a play on global growth, because they provide the metals and minerals expanding economies need. In particular, they’re a play on Chinese growth. That’s where most of the demand has come from for the last 20 years.Naturally, they crashed in March, along with everything else. However, China appears to emerging from the pandemic in a better shape than the West, and Anglo American’s stock has now rebounded almost 50% in the last six months. Despite this, it still trades at just 9 times earnings. That’s a tempting empty price. If you want to generate dividend income to fund your retirement, it currently yields 4.4%, covered 2.5 times. I’d check out these cheap FTSE 100 dividend income stocks. And approach Bitcoin with extreme caution. 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. “This Stock Could Be Like Buying Amazon in 1997”last_img