I took some time this morning to review my investment portfolio. I have been deferring this activity because I dreaded to see the sea of red in my US stocks and calculated my absolute losses. I know my loss is significant. S&P500 is down 10% year to date. But it could have been worst if not for the recent recovery. It was down 20% at its bottom in the middle of June. Thankfully it has recovered 10% since then. As US market was going down, I was averaging down my cost. However, after a while, I felt I was catching a falling knife. The drop didn’t stop. I ran out of liquidity and I stopped. Hence, I didn’t manage to catch the bottom. Sad … as of today, my loss in US stocks is 40%. It reached a peak of 62% at one point. However, when I was averaging down,...