For the past few weeks, I’ve been accumulating Singtel (Z74) in a few tranches as part of my mutated DCA (see my earlier post here and here for more details). Did a stock take today and noticed that I’ve accumulated 7,500 shares with average price of about $3.60. At the time of writing, it is closed at $3.49 (means I am still sitting at a paper loss :-)).

This is before the seemingly upcoming perfect storm, starting with the biggest single-day drop since 2008 at Dow Jones yesterday (Friday, 02/02/2018). Dow Jones dropped 665.75 (2.54%) and closed at 25,520.96. Hence, I foresee that when Asian market open on the upcoming Monday, it will be a sea of crimson (just like Cryptos market in the past few days/weeks). Well, I think market correction has been long anticipated, or overdue for quite a while, so, 2018 …