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Is the Home Bias good or bad for you?
By Taking Care Of My Own Business  •  March 13, 2022
Where do you think Singaporean investors rank in terms of domestic equity allocation in % of total equity? Do we have more or less than 50% of our equity invested in the Singapore stock market? … From my anecdotal encounters with some fellow investors, I would have looked for Singapore far to the left on this chart. To my surprise, Singapore is featured far to the right of this chart. Right next to my home country Germany. Hmm, looks like we don’t have too many people making the mistake of focusing only on their home markets. It would be understandable as it is their home ground and they are more familiar with their local stocks. But buying stocks headquartered near their houses, as if being within driving distance could somehow make companies safer, is too narrow-minded. Imagine your job is in Singapore, your house is in Singapore and your stock portfolio is mainly invested in Singaporean companies....
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By Taking Care Of My Own Business
Why you should be Taking Care Of Your Own Business or why you should Tacomob. Hi, my name is Andy.Andreas G. Schmidt (aka Andy) What motivated me to create this website? Well, sometimes, one can observe a lot by watching ...
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