If you had just started investing, the huge fall of the Straits Times Index (STI) earlier on Monday may have spooked you. Surely, a 6% drop of the STI within a day was a horrible feeling, especially so for those who did not go through such sudden huge declines and/or got used to the boom times in recent years. If you had disregarded your emotions and adhered to your investment principles and strategies, then whatever happened on Monday would be like a walk in the park for you. Knowing what to do next, whether in a bull or bear market, is a good sign of control and rationality. If you had identified opportunities even when the sky was falling around you, this meant that you were able to see a silver lining amongst the doom and gloom. Prices of equities may be near your calculated valuations, so it is probably time to...