War chest is a probably slang in investing terms for cash reserves set aside or built up over time to take advantage of certain opportunities that present themselves. As a novice investor (not experienced yet lah, still got some ways to go), I think that my inexperience has led to an oversight in this area and we need to build up this capacity moving forward. I must stress that this is my opinion, and I believe that cash has an equally important role to play in anyone's portfolio. It allows an individual  to plan out how to tackle certain situations that arise in the markets and really put your money to good use given the right opportunity for you. In our current situation, we have used some of our available cash to apply for some of the recent preferential offerings that happened such as Frasers Centerpoint Trust. We...