Buy-and-hold investing is alive and well

THERE is nothing quite like stock markets hitting record highs to capture the attention of investors. In case you haven’t noticed, many markets around the world have been in the ascendancy.

What’s more, the Singapore market has not been left out. The Straits Times Index (STI) hit an all-time high in November. There is every chance that the benchmark index could climb further. It would take a brave person to bet against that happening.

But it wasn’t that long ago when many investors were bemoaning the fact that Singapore equities were boring. They complained that Singapore shares didn’t have the same allure, cache and growth potential of some exciting high-technology shares that could be found on other exchanges.