In 2015 the STI finished the year down 15% with a close of 2883. 2016 started with a sharp bear attack that sent the index down 12% straight to a low of 2533 within the first month. Everything looked gloom and doom as investors worried about everything from the feds raising rates, an oil crisis to a China crash! Plenty of these investors panic, sold and when to cash... only to see a rebound in late February that saw the index rocket from a low of 2528 to the current 2906, forming a true V-Shape Recovery! The big lesson learnt is that its really hard or near impossible to time the market, those that sold and wanted to buy stocks cheaper failed to board the boat again. Often its better to stay calm, focus on earnings/dividends, stay vested and lastly summon the courage to pick up more shares of companies ......