Dow dropped 700 points overnight and STI is following a similar fashion. Indicators are mostly red and down by some 2%. Looks like this is a year of wild swings in the market. Overall, market direction is still up. I had some time to tabulate my portfolio against sti. From jan 2016 (sti was around 3150) to now (sti now around 3430, STI has gained nearly 9%. Over a similar time, my portfolio has gained nearly 19%. Most of it is via dividend reinvesting and also rebalancing of portfolio occurs every 6 months or so, or unless a particular counter moves upwards so much that a sooner rebalancing is warranted. I believe my portfolio is rather defensive and resilient in nature. Previous large drops in sti resulted in corresponding drops of smaller magnitude. As I type this, STI closed down 71 points or 2.06% from yesterday. My portfolio dropped ......