A lot of folks are talking about the crash of the STI index and started contacting me out of the blue about what I plan to do so I thought I'd write a short post on this. First off, local markets are down. At this point of time, most investors would have a suffered massive losses. I lost the school fees of my entire JD degree over the past week. This means that I would have been better off had I sold my entire stake before going into Law School and just ate my cash holdings. But am I worried ? Not at all. Here are the reasons : a) Dividend holders are by nature already defensive investors. Will I lose more money over the next few month ?. Highly likely. But if I sell, I lose access to my quarterly cash flow from my holdings. I don't like to eat my ......