Just For Thinking ....
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Why do we as local investors in Singapore have developed such thinking that if we don't buy some stocks that are listed in some overseas stock exchanges we are not investing globally.
Are there any strong reasons to justify our local big blue chips listed in SGX e.g. Keppel Corp, Semb Corp, ST Eng, SingTel, DBS, etc have not diversified their businesses across globally or regionally enough to qualify as MNC in those countries where they have set up their global or regional presence to do businesses there.
Frankly speaking, I know a few fellow investors who have bought some stocks listed in some overseas stock exchanges. Are they currently doing better than me in term of real monetary gains after currency conversion and tax? I don't think so. Their absolute ......