Author: Matthew Frankel, Motley Fool

Blue chips are often described as the best of the best, but there’s more to it than that.

The stock market has been on a downward trajectory over the past few weeks, mainly due to fears and uncertainty surrounding a potential trade war. As I write this, the Dow is extremely close to entering “correction” levels once again. Whether it does or not, it’s important for investors to take a step back and keep a few things in mind before making any moves.

In short, it depends on whether you have good debt or bad debt.

There’s a new top stock in Berkshire’s portfolio.

According to Berkshire Hathaway’s most recent SEC filings, Buffett and company made a few significant transactions the third quarter…