The US Federal Reserve has raised interest rates for the first time this year and there's talk of 3 more increases to come next year. Stock markets and oil prices reacted. TPG Telecom wins right to be Singapore's next telco in an already saturated market to compete against Singtel, Starhub and M1 and their stock prices tanked. This is right after a number of days of bullish run for global stock markets. Look at how volatile the equity markets can be. This is why I know I can't trade and have to remind myself to ignore short-term price movements. There's so many factors that impact each industry and they can develop & evolve differently over time. Hence, my preference for ETFs to risk diversify the impact of various factors on a range of industries across multiple countries. Positive affirmation of my ETF investing strategy aside. I read about redundancies in ...