Gold prices have recently surpassed $3,000 per ounce, setting new records, while in Vietnam, SJC gold rings have increased about 17% to over 98 million VND per tael. However, many stocks on the stock exchange have seen even stronger gains, such as Vingroup (VIC, VHM), GELEX (GEX, GEE), and various financial stocks (SHB, VIX, VND, VCI). The VN-Index has only increased about 5% since the beginning of the year, indicating that not all stocks outperform gold. Some stocks have even declined, potentially leading to losses for investors. While gold is advantageous for long-term storage, stocks offer short-term trading opportunities, albeit with significant risks. Approximately 95% of trading on the stock market results in losses, highlighting the difficulty of market predictions. Instead of constant trading, investors may consider holding stable stocks for sustainable profits. Despite inevitable short-term fluctuations, the long-term outlook for the Vietnamese stock market remains optimistic due to stable macroeconomic conditions and growth potential of listed companies.
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