Puerto Rico: downgraded again, but what does this mean?

Puerto Rico was downgraded by S&P to junk status on Tuesday, February 4th. Why does this matter? What does that really mean? As investors look at the market, they notice the credit ratings established by the most reputable companies: Moody’s and Fitch and S&P. A lower credit rating may persuade bond holders to not buy … Continue reading →

13 Useful facts about Puerto Rico to help you sound like a local

Been to Puerto Rico? Got confused? Want to go to Puerto Rico? Heard about Puerto Rico? Angered some Puerto Ricans by asking, “So, do you have a green card?”  This will help you sound like you know what you’re talking about and navigate the island like a local. There are so many more things to … Continue reading →