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 …

Continue reading ‘GDP per Capita of India vs. China: Chart’ »

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 …

Continue reading ‘10 Reasons Why Individual Stocks Are Better Than Mutual Funds’ »

The Average Tariff Rate of Select Countries: Chart

The Average Tariff Rate of some economies are shown in the chart below. Egypt has the highest rate followed by India. The EU import tariff rate is on an average 50% higher than the US according to an article by Sonal Desai at Franklin Templeton. Click to enlarge Source: On My Mind: Trade Wars—The Dog That …

Continue reading ‘The Average Tariff Rate of Select Countries: Chart’ »