With the Straits Times Index (STI) hitting fresh highs, many wonder whether it is too late to enter the market or whether they should sell, hold, or buy more. In this guide, we will explain what market highs really mean, how to invest during these periods, and what you should watch out for.
Why new highs don’t mean the end is near
Many new investors assume that once markets hit a record high, they must soon fall. Historical data shows the opposite. Markets often set multiple new highs during long bull runs, with each peak followed by higher ones as economies grow and companies expand.
Equity markets have trended upward over decades, despite temporary corrections….
