Peter Stephens | Sunday, 16th February, 2020 “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Peter Stephens 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. Forget gold! Here’s how investing in the FTSE 100 could make you a million Enter Your Email Address 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. Our 6 ‘Best Buys Now’ Shares 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. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. Making a million is never going to be a quick or easy process. As such, investors who are seeking a seven-figure portfolio may be better off adopting a long-term investment strategy that focuses on the growth prospects for a specific investment over a period of years, rather than months.While gold may offer defensive appeal in the near term while US interest rates are low and investor sentiment is weak, it may be unable to keep pace with the long-term return prospects of the FTSE 100. Through buying good value shares which have growth potential, rather than holding gold, you may be able to improve your chances of making a million.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…Short-term appealIn the short run, the gold price could continue to outperform the FTSE 100. The precious metal gained over 15% in 2019 and has risen by over 4% in January, partly as a result of investor uncertainty regarding the world economy. The threat posed by the spread of coronavirus, political uncertainty in Europe, and geopolitical risks in the Middle East could combine to produce a challenging period for risky assets such as shares.Since gold has a track record as a defensive asset that’s an effective store of wealth, it could continue to be popular among increasingly risk-averse investors. By contrast, the prospect of a slowing global economy may mean FTSE 100 shares fall out of favour with investors as their potential for profit growth seems to be increasingly limited.Long-term opportunitiesWhile many investors may feel that buying gold could lead to higher profits and a greater chance of making a million, focusing your capital on shares could be a better long-term move. The track record of the FTSE 100 shows it has always experienced cyclicality. Its bull and bear markets have never lasted in perpetuity, and the latter is therefore an opportunity for investors to capitalise on low valuations ahead of a return to more upbeat trading conditions.Although the FTSE 100 isn’t currently in a bear market, the valuations of many of its members suggest investors are pricing in economic challenges which may not materialise. This could prove to be an opportunity to buy shares in high-quality businesses that offer earnings growth potential while they trade at a wide discount to their intrinsic values. A high rate of return may be the end result of this strategy over the long run, although it could lead to paper losses due to market volatility in the short run.Time horizonClearly, your time horizon will impact on your capacity to take risk. However, making a million is likely to require a long timeframe which allows compounding to positively impact on your returns. As such, taking a long-term view and purchasing undervalued FTSE 100 shares through a buy-and-hold strategy could prove to be a more likely means of making a million compared to buying a defensive asset such as gold.