Avoid the Herds; Be An Individual Investor
Nothing like some financial turmoil to get me writing this blog on a regular basis! Let me first comment on the credit downgrade by S&P over the weekend. S&P is one of three major credit rating agencies. Both Moody’s and Fitch reiterated their triple A rating of US debt. S&P is also the same company that rated many mortgage-backed securities AAA a few years ago and many of those securities did not do too well.