It's time to expand your investment horizon
THERE'S no place like home. While Singaporeans are known for their love of travelling, nothing feels as good as coming home to lay your head on your pillow. Our homes always hold a special place in our hearts as our memories are inextricably tied to them.
The same happens often in investing too, and is known as "home bias". Many young adults choose familiar local names when they start investing their first paycheck.
These names typically belong to blue-chip companies that their parents have talked about most of their life, such as DBS, Keppel Corporation, or Singtel.
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