09:18 17 July 2013
After being downgraded to the lowest credit rating - “junk” - by Moody’s, one of the Big Three credit rating agencies, the Co-op bank reportedly gave reassurance to its pension holders that their investments are secured.
This was announced one month prior to its plan of cutting down savings for its last resort of bailout. Thinking outside the box, perhaps the Co-op bank will never be able to pay its pension holders without them investing diligently.
Proper diligence is one key factor for an investor to always uphold. Not only will it give investment companies the proper boost to stay in operation, it would also heighten the credit rating of that investor. There are many reasons why investing with proper diligence is a must, some of them are listed below:
Having proper diligence in investing money is the key for better investment opportunities.
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