As with most newbie investors searching online for how to invest, I learnt about dollar-cost averaging and buying indices. A Singapore Index exchange-traded fund invariably ended up being the first investment I bought on a monthly basis, a prime example of familiarity bias where my fondness and association with Singapore led my investment decision. Many years have passed and I have since de-emphasised investing in Singapore in order to put money towards other more promising options. Don’t get me wrong; I’m still very much vested in Singapore, but here’re some reasons why I am reducing my exposure to Singaporean equities. Singapore’s market is… unexciting I’m a big fan of a Paul Samuelson quote: Investing should be more like watching paint dry or watching grass grow. But I think there comes a point where it feels a little like watching grass grow under rather arid conditions. As much as I am not a very risk seeking person,...