Source: Giphy

If you have been following the news and the stock markets closely lately, it may seem like the whole world is sinking.

The double whammy of the COVID-19 pandemic and the plunge in oil prices has had a severe impact on global stock prices.

From the start of this year (2 Jan 2020), stock markets have been in free-fall (as of 24 Mar 2020):

The Straits Times Index (STI) has dropped 27% The Hang Seng Index (HSI) has dropped 20% The S&P 500 has dropped 25%

We are currently enduring some of the fastest, never before seen market drawdowns ever.

Writer’s Personal Portfolio on StashAway

At one point, I was feeling fearful about the situation, and the thought of selling everything to cut my losses crossed my mind

However, I ultimately decided against it.

This led me on the path of reflection as to