A series of stocks have increased higher than the price of gold
Gold price increased shockingly to 100 million VND/tael, but the following stocks had an increase even higher than the gold price.
On March 20, plain gold rings hit a record high of VND100 million per tael. Thus, since the beginning of the year, the price of plain gold rings has increased by about 17.9%, while the increase for gold bars is 16%.
Although gold prices have tended to increase sharply in recent times, many stocks on the stock market have recorded even greater increases.
Vingroup (VIC, VHM), GELEX (GEX, GEE) stock groups or financial codes such as SHB, VIX, VND, VCI, FTS all have high liquidity and large capitalization, helping investors easily trade and achieve significant profits.
Statistics on the HoSE floor show that many stocks have increased by tens of percent, even many times in less than the first 3 months of the year. This shows that if you choose the right stocks, the profit can be much higher than hoarding gold.
Although many stocks have increased sharply, investment performance still depends on the ability to choose stocks. In fact, the VN-Index has only increased by about 5% since the beginning of the year – a figure significantly lower than the increase in gold prices. Many stocks still have poor performance, even decreasing in price compared to the beginning of the year.
In addition, the timing of purchase also plays an important role. Many stocks such as VIC, VHM or VND, although increasing strongly, if investors hold them from before, may not break even or even suffer losses. The case of SHB is a typical example when most of the increase has only come in the last few sessions.
However, experienced traders can still profit from short-term price movements. On the other hand, those with less experience may face the risk of losses.
Gold has long been considered a long-term investment channel, while stocks, in addition to long-term investment, are also a playground for swing traders. However, making money from swing trading is not easy. According to statistics, up to 95% of transactions in the market are losses.
Instead of chasing short-term fluctuations, many investors choose to invest in value, holding long-term stocks of sustainable businesses such as FPT, SLS, REE, RAL. These are companies with stable profit growth over many years, helping investors reduce risks and achieve sustainable profits.
