When I read the article “Once beaten, twice shy” on the Business Times (Weekend) today, which mentioned about Ken, a veteran stock investor since the 1990s. I can’t help but somewhat agree that the Straits Times Index (STI) did not really perform very well over the past 30 years. It was 1,153.5 on 2 Jan 1991 and by the close of yesterday, 20 Aug 2021, it was 3,102.75. From point-to-point, the increase was only 2.69 times. Comparatively, the Dow Jones Industrial Index (DJII) had advanced 13.3 times from 2,633.66 to 35,129.08, and the NASDAQ at 39.5 times at the close yesterday. Even the Hang Seng Index, recently being battered by a series of regulatory measures from Beijing, had advanced 8.2 times from 3,031.0 to 24,849.72 at yesterday’s close. This post was originally posted here. The writer, Brennan Pak, ...