At the beginning of 2025, assuming you invested $5,000 in each asset class, the returns have gradually shown differences.

From traditional assets, silver performed the best, with your $5,000 growing to about $14,000, reflecting the safe-haven appeal of precious metals amid inflation expectations. Gold followed closely, with an increase of about 90%, bringing the final amount to nearly $9,500. The steady performance of these two asset classes indicates that the market still has concerns about risk assets.

In the stock market, the S&P 500 and Dow Jones Industrial Average performed similarly, rising to $5,400 and $5,300 respectively, with gains of around 8%. Although the stock market remained stable, it clearly lagged behind precious metals.

In the crypto market, Bitcoin and Ethereum's performance was impressive—but somewhat complex. Bitcoin fell from $5,000 to about $4,450, while Ethereum decreased to around $3,400. The negative returns of these two major cryptocurrencies highlight the changing risk appetite in the market and the inherent volatility of crypto assets.

From the data, in early 2025, traditional safe-haven assets clearly attracted more capital, while cryptocurrencies, despite being viewed favorably in the long term, face recent adjustment pressures that cannot be ignored. For investors, this data underscores the importance of asset allocation—performance differences across asset classes in different cycles can be quite significant.