Apple launched the iPhone Duo this week, and everyone was talking about it in our office on Friday. I had decided that I probably don't need a phone upgrade this year, so what I was looking out for instead was how Apple’s share price reacted to the launch. To my surprise, Apple is now trading near record levels. And it is not alone, as the global stock markets and Straits Times Index (STI) have been remarkably resilient. That led us to take a closer look at why global stock markets are still near record highs, despite higher oil prices and rising bond yields. For many investors, record highs can make it tempting to wait for a pullback. However, if I were an investor looking to build my Growth Pot for long term compounding, I would rather invest regularly in diversified equities than try to predict when the market will correct. If...