One of my reader ask me what am I doing since market has gone down by more than -10% from early May, am I buying or selling ? My answer is "No" , I don’t do any major adjustment on my portfolio , except nimble a little bit here and there with the dividend I received. Basically, my war-chest remained same in term of percentage in my portfolio.
For me, I don’t think it is compelling for me to do major adjustment on my portfolio at this point of time , although the STI Index has corrected by more than -10%, but it sitting just at long term mean level.
I would rather wait patiently for better opportunities or Mr. Market to act irrationally. If market rebounded from here , I am also happy with my current holding which enjoy the uptrend , else I may just keep calm ......