The Five Elements Theory in feng shui has long been widely applied in human life in many fields such as finance, business, real estate, … Accordingly, the theory is built based on 5 basic material elements: Metal, Wood, Water, Fire, Earth, and between these elements if always exists mutual promotion (mutually engender) or mutual inhibition (mutually restrain).
Applying the Five Elements Theory to the stock market is also a reference method, by combining the mutual promotion and restraint factors of the elements between the categories including Five elements according to the birth year of the investors with the elements of the industry and the elements of the year 2024 to select recommended stocks according to basic analysis but with the additional consideration of the suitability in terms of feng shui elements with the investors. BSC Securities provides some analysis about stock selection according to the Five Elements in the year Giap Thin 2024.
For Metal investors, in the year Giap Thin – 2024, which has Fire element, it will not be a very favorable year for those of Metal element because Fire restrains Metal. Therefore, for Metal investors, when building an investment portfolio, the top priority should be safety, only choosing Metal compatible elements which are Earth element and have stable fundamentals. Stocks in the infrastructure, industrial real estate groups will be suitable choices for Metal investors.
For Wood investors, in the new year Giap Thin – 2024, which has Fire element, it will be relatively peaceful as Wood and Fire are mutually supportive when Wood engenders Fire. Therefore, the selection of suitable stocks for Wood investors will be more diverse with the industries belong to Water and Wood elements because Wood will strengthen the stable fundamental nature of the Wood element, and Water will promote the development of Wood. Stocks in the retail, textile, port and harbor logistics sectors will be suitable for those of the Wood element.
For Fire investors, in the coming year Giap Thin – 2024, which has Fire as the element, it will be relatively favorable as Fire element will further strengthen the stable nature of the Fire element. Stocks with good fundamentals in the Fire and Wood industries will be suitable for Fire investors this year as Wood engenders Fire and Fire contributes to the stability of Fire. Investors can choose stocks in the chemical, thermal power, technology, and retail sectors.
For Earth investors, Earth element – engenders Metal, restrains Water, engendered by Fire and restrained by Wood. In the new year Giap Thin – 2024, Earth investors will receive the strongest support from the element of the year which is Fire as Fire engenders Earth, so 2024 promises to be a very favorable year for Earth investors in the investment field. Stocks in the chemical, fertilizer, thermal power, information technology and industrial real estate groups will be suitable choices.
For Water investors, Water and Fire are two elements with different relationships, so with the year 2024 having the Fire element, Water investors need to prioritize safety in the investment process. Stocks in the Sea port, Banking, Water, and Retail sectors will be suitable for them.
