Should I sell all my equities and stay sideline?

Just For Thinking ....

Someone asked me: "Should I sell all my equities and stay sideline?"

For every completed stock transactions, there are buyer/buyers and sellers/seller at that transacted price. Obviously, they have different views. Each of them will transact based on his/her own confidence, belief, potential risks and rewards.

 Read? He sold out all his equities so that he can sleep soundly at night

He thinks that The more panic there are in markets, the more we need to keep a cool head and look out for bargains

Read? Don’t Sell Into Selling Climax: Jim Rogers

Read? Faber: Brace for a Global 'Reboot' and a War
Me leh?

I didn't do panic selling in the past neither will I be doing it this time round. Over the years, I have trained my Mind hard (3M's Method,  Mind, and Money) and learn to live with market and price volatility. In investing, I have mentally, financially, and physically separated my investment needs from other needs. Read? Two Bank Accounts? No, You may need Four!

Actually, my net worth is largely tied to the Boom and Gloom of the local stock market (SGX), by right I should  be panic too; but let see how bad this time round.

Not again! Another 33% or more plunge????