Analysts say the current stock market is no longer too cheap but is still attractive if you invest long-term and regularly.
In 2022, I participated in securities with a capital of 165 million VND withdrawn from savings. During the period of the market going down, I didn't know how to react, so there was a loss of nearly 70%. After that, I also don't want to delete the trading app.
So far, I see that the market seems to have recovered well, the account is only more than 30% negative. According to experts, should I re-enter the market now? In this return, what else should I pay attention to?
Thanh Tan
An investor is monitoring the electrical panel at a securities company in District 1 (HCMC), February 2. Image: Quynh Tran
Consultants:
The stock market, after bottoming in November last year, has been recovering for quite a while. Interest rates cooled down quickly, monetary easing policy and the Government's economic support policies attracted a large amount of money to pour into securities. Along with that, the market also has great expectations about the resilience of the economy in general and the business activities of listed companies in particular.
The above factors make the valuation of the current general market not too cheap. However, if approaching with a longer-term investment vision, the securities channel still has many attractive opportunities to pour money.
At this return, you should maintain a long-term and steady investment habit. Consider the stock investment channel as a way for you to accumulate assets in the long term by deducting from your monthly personal income to invest in it. This helps you take advantage of opportunities from Vietnam's strong economic growth in the long term and also helps you weather short-term fluctuations in the market. Of course, this also requires you to choose good companies to invest in.
Stock investment is a job that requires a lot of knowledge, experience, information and time to be able to invest effectively and bring sustainable profits in the long run. If you cannot meet all of the above criteria, find yourself a professional fund management company so they can do it for you.
Pham Le Duy Nhan
Head of Portfolio Management
Vietcombank Fund Management Company (VCBF)
