Gold prices have surpassed 3,000 USD/ounce, with the price of gold jewelry increasing approximately 17% this year, reaching above 98 million VND/tael. However, many stocks in the stock market have seen higher growth, particularly in the Vingroup group (VIC, VHM), GELEX group (GEX, GEE), and financial groups (SHB, VIX, VND, VCI). While the VN-Index has only increased about 5%, some stocks have shown remarkable growth. Investment performance remains dependent on stock selection and timing of transactions. Swing trading can yield profits, but many investors incur losses. Experts warn that predicting the market is very challenging, with 95% of trades being unprofitable. Instead of constantly trading, investors should consider a long-term holding strategy with resilient stocks like FPT and SLS. Despite short-term fluctuations, the long-term outlook for the Vietnamese stock market remains positive due to stable macroeconomic conditions.
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