In 1962, the Commercial and Financial Chronicle published an article by Benjamin Graham titled 'Are We Too Confident About Invulnerability of Stocks?' In the report, Graham examined the pros and cons of using dollar cost averaging schemes to save and invest in the stock market.
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Even though this strategy was relatively underdeveloped at the time, it has exploded in popularity over the past few decades thanks to the development of low-cost index-tracking funds...
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