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Worried about the markets?
Volatility in your portfolio can be disheartening, but there are steps you can take NOW to help you stay on track to help meet your investment objectives. However, in today's environment you are under more pressure to make wise decisions regarding your portfolio. When combined, the following strategies can help you keep your portfolio on track.
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Make steady and consistent contributions to your portfolio through the use of
dollar cost averaging.
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Through diversification, target a desired return while potentially minimizing investment risk.
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Now may be the time to make steady and consistent contributions to your portfolio.
The amount of money you consistently contribute to your portfolio buys you more shares when the price per share is down and fewer shares when the price per share is rising. This strategy may allow you to:
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Take advantage of the potential benefits of dollar cost averaging.
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Increase the chances of achieving your long-term investment objectives.
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In addition to acquiring shares at a possibly lower average, you have the ability to make your portfolio contributions through the convenient process of automatic payroll deduction.
Time is money... especially when contributing to your portfolio.
Start early and consider making steady contributions as soon as possible. Time deferral can make even small monthly sums multiply over the years. The sooner you start saving and investing, the more your portfolio assets have time to work for you.
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This information is intended to provide general investment education and is not intended to provide investment advice. For more specific information on how to allocate your investment savings plan, please contact your financial advisor or Delaware Investments.
Dollar cost averaging does not guarantee that your investments will make a profit, nor does it protect you against losses when stock or bond prices decline.
Diversification may not protect against market risk.
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