Friday, July 29, 2022 / by Mario Daniel Sconza
Getting Started in the Financial MarketsInterest rates on savings accounts and GICs are climbing but they are having a hard time matching the rapid increase in inflation which is now over 8% — you are actually losing money by holding cash. Investing in financial markets can provide higher returns, but there are no guarantees and as we have seen lately, they can be volatile. As someone who is new to investing, you may be asking yourself:
- What do I invest in?
- How do I evaluate and manage my risk?
- Should I consult a financial advisor?