"Han, upgraded to investment grade na ang Philippines sa Fitch." ("Han, Philippines has been upgraded to investment grade by Fitch.") - This was a text message I got from my client last March 27, 2013 at around 2:48pm.
As a non-day trader, non-economist, and somebody who graduated from an engineering course but saw a career in the financial consultancy field, I knew right there and then that it was good news.
However, the non-economist side of me kicked in. What's in it for me as a regular investor?...