The Top Remittance Receiving Countries 2018

Foreign workers remit money to their home countries for many reasons including supporting families, saving for retirement, investments, etc. The global remittance industry is big with billions of dollars flowing across countries. The top three remittance receiving countries in 2018 were: India, China and Mexico. Remittance funds are very important to some countries. For example, …

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GDP per Capita of India vs. China: Chart

India lags China in terms of economic size but India is growing fast to catch up. Since the 1990s China’s GDP per capita has grown steadily and has reached about $10,000. India’s rate on the other hand stood at less than $2,000 in 2018. According to an article by Alva Devoy of Fidelity Australia, India today …

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10 Reasons Why Individual Stocks Are Better Than Mutual Funds

Equity mutual funds pool together money from many investors and invest in a group of stocks. This process in theory is supposed reduce risk to investors especially the risk of owing individual stocks which can blow up. However that is not always the case. Mutual funds also have high risks and they are not necessarily …

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