Opportunity to buy stock at reasonable price and hold for long term
At the end of the fourth session (April 20), VN-Index continued to drop nearly 22 points to 1384.72. Thus, just over 10 sessions, the market had a drop of 140 points, many “witnesses” fell into “difficulty breathing”. The panic caused by the loss and the crisis because of the “call-margin” almost covered the entire market.
However, is the market currently in a long-term “downtrend” or is there still potential for growth in the future? For the vast majority of investors, this can be quite a rough time. On the other hand, for some it can turn out to be a 1-0-2 chance.
“Secret Coin” number 17
In “Money secret“No. 17 with the topic “Yes is not there”, Mr. Tran Tien Dung, Professional Investor, one of the first F0s of the stock market 20 years ago had a funny simile. “The bear market is a gift from God”especially for those holding money.
“Personally, we observe the index – the general index of the whole market. Now is the time for individual investors to pick out good stocks. If you buy at the moment, you should hold for 12 months, even more. Quarter 1,2 or even the third quarter of this year can’t be good. However, from the fourth quarter onwards, the market will stabilize again and perform better. Now is the time to pick up good stocks. Find, observe and maybe buy gradually. Down is an opportunity to buy stocks at a fair price and hold for the long term. This moment is not for speculation.”Tran Tien Dung shared.
Besides, it seems that some negative news about corporate bonds has affected bank stocks. Many shareholders find it difficult to understand why now even “Miss” banks have decreased. According to Mr. Tran Tien Dung, this is mainly due to the common market.
“Like any stock, there are ups and downs. But the point is that our psyche should not be swayed by the ups and downs like that. Down is also a good thing. Adjust, when down we will know more business activities of that business. Buy stocks that banks would normally hold for investment. For me, it’s not three or four years, but five to ten years.”
Expert Pham Luu Hung (Mr. X30) – Deputy Director of SSI Securities Investment Advisory and Analysis Center (SSI Research)
Regarding the long-term holding story, expert Pham Luu Hung (Mr. X30) – Deputy Director of SSI Securities Investment Advisory and Analysis Center (SSI Research) also agrees. “Buffet once said, what you can’t hold for 10 years, don’t hold it for more than 10 minutes.”
In addition, in “rainy, stormy” market As it is now, Mr. X30 believes that if investors are no longer confident to invest, they will be able to choose an investment trust. “People should also look again, is it really possible to trade in the short term. After some market volatility and we are losing 20, 30% in just a few months. We can also entrust investments. Currently there are a number of funds, the performance (investment efficiency) is also quite good. When not too confident in the investment plan, entrusting it to professional business investors will be easier.”
Photo: Moneytalk
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at Blogtuan.info – Source: Kenh14.Vn – Read the original article here
