A fellow member in our telegram group asked: “For Keppel DC Reit, I bought some (at) $2.55 and my average price went up. Actually would averaging up make sense?” This question came as we were discussing about the merits nof averaging down Keppel DC Reit if its price share would come down further. Instinctively, I replied “I don’t see anything wrong as long as you are happy with the dividend yield (and/)or if you believe in the growth story of the company which will lead to capital appreciation. I do regular investment on my ETFs and unit trusts (for my index portfolio as many of you know). For individual stocks, I tend to look for pullbacks. (This is because) individual stocks tend to be (more easier) subjected to “irrational behaviour” or herd mentality to sell despite good underlaying value” This was a short answer. But after replying, I thought to do proper justice to the topic,...