The original version of this article first appeared in The Business Times TALK of bubbles everywhere - travel bubbles and asset bubbles. Some will burst, some will deflate and then reflate again. Bubbles are a part of life, and cannot be avoided. But it is important to know how to navigate through it - with the help of diversification, proper planning and a long term mindset. This is the second time that the travel bubble between Singapore and Hong Kong has been announced, only to be threatened by an outbreak that may cause the bubble to burst before the quarantine-free travel programme even begins. Just when we thought that increased vaccinations would lead to a semblance of normalcy in our lives, new outbreaks of new strains from distant shores arrived on our doorsteps to threaten our daily life. This may be the new norm that we live in - one...