With the stock market down 52% from its recent peak in October 2007, maintaining dollar-cost-averaging through the bear market proved to be worthwhile. By buying more shares at lower prices throughout the equity market downturn, an investor was able to reap bigger gains when the market recovered."
https://news.fidelity.com/news/article.jhtml?guid=/FidelityNewsPage/pages/mare-dollar-cost-averaging&topic=investing-stocks
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