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Showing posts from July, 2017

REPOST: Investing outside U.S. is smart move, advisers say

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Overseas markets might seem riskier, but international investing still offers dynamic and vital diversification. In emerging markets like China and India, for example, the odds for achieving higher returns is much higher than investing in US stocks exclusively. Here are more insights from The Philadelphia Inquirer : Outside the New York Stock Exchange. U.S. stocks had outperformed international ones for years, but that may be changing. There really is no place like home, and many investors tend to keep their investment strategies heavily weighted toward U.S. company stocks. Something that falls within their comfort zone feels like a safer bet. But investors who insist on staying close to home in today's stock market environment could be undermining their odds for achieving higher returns. Although U.S. stocks have substantially outperformed foreign markets for the last several years, the tide may be shifting. Overseas markets have been outperforming U.S. stocks

How diasporas economically impact their homelands

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Image source: countrynavigator.com Globalization has paved the way to a limitless mobility of people from around the world to move and find refuge, be it for political or economic security, from their country of heritage to a foreign land. Diasporas have made some of the world’s biggest cities into huge cosmopolitan centers, serving as melting pots for a great diversity of cultures, backgrounds, and ways of life. Cities like New York, London, Dubai, and Hong Kong have a substantial percentage of  expatriates living and working within their boundaries. Although the motivations of such mobility may be personal , there are ways in which groups in diaspora unknowingly help their countries of origin, especially in terms of social and economic impact. This is because they maintain their connections to their homeland and in many instances, they preserve a legal identity as well as establish a socioeconomic presence in their country of origin. In turn, this type of migration has c