One of my colleagues shared with me he had sold some of his US stock holding & incurred a massive 6 figure sum losses. He lamented to me the huge drop in Dow Jones caused him to panic & he had never see such a huge drop in DJ  & oil prices in a single day before. However, he is still holding AIG, Citibank & Shell which is now had 60% unrealized paper loss. I advised him with disclaimer to keep his remaining US stocks since is already down 60% & prior to the huge market correction, he is already holding to these stocks since 2009. He also liquated all his SG stocks from 10 March to 13 March after the so called US black Monday on 9 March & showed me his transaction records. I was puzzled on the 2 stocks he sold: DBS & UOB. He had bought DBS & UOB using cash on...