Do you try to time the market, investing only when things are up? Your chances of higher returns actually happen when you consistently contribute to your savings, whether things are up or down. This is called dollar cost averaging. How does it work? Check out this video to learn more. Contact your Encore Financial Group financial advisor if you have questions about your financial plan.

* 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 are falling. You should consider whether you would be willing to continue investing during a long downturn in the market, because dollar-cost averaging involves making continuous investments regardless of fluctuating price levels. All investing involves risk.

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