Even as SG 60 approaches, remember that the stock market is way bigger than our little red dot, with the Singapore stock market representing a mere 0.5% of the total world stock market. Our FTSE Straits Times index is represented by only 30 Singapore stocks.

Sometimes past success from the concentrated investing in well-known companies discourage investors from diversifying their assets. Unfortunately, this can lead to one of the most well-known cautionary tales in finance:
Tragic declines in wealth resulting from losses in single securities.

It is well and good to love your country. However, loving a single country’s stock market too much is a whole other issue.