Media and Entertainment Media and Entertainment

Looking to start investing in 2025? Here's what you need to know


Published on 2025-01-15 11:41:09 - MSN
  Print publication without navigation

  • The S&P 500 (^GSPC) broke 50 record highs in 2024 and ended the year up approximately 23 per cent, while the TSX (^GSPTSE) gained 19 per cent. Tech giant Nvidia (NVDA) made titanic gains, soaring nearly 170 per cent last year.

The article from MSN Money outlines key considerations for individuals planning to start investing in 2025. It emphasizes the importance of understanding your financial goals, whether they are short-term like saving for a vacation, or long-term like retirement. It advises on the necessity of having an emergency fund before diving into investments to cover unexpected expenses. The piece discusses different investment vehicles such as stocks, bonds, mutual funds, ETFs, and real estate, highlighting their potential risks and rewards. It also stresses the importance of diversification to mitigate risk, the impact of inflation on investment returns, and the benefits of starting to invest early due to compound interest. Additionally, the article touches on the need for a well-thought-out investment strategy, possibly with the help of a financial advisor, and the importance of staying informed about market trends and economic conditions. Lastly, it encourages potential investors to educate themselves on financial literacy to make informed decisions.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/looking-to-start-investing-in-2025-here-s-what-you-need-to-know/ar-AA1xfFqg ]