As an investor, it is important to learn about economy. What drives or stimulate an economy, it's components, factors to consider, etc.- things that affects the stock prices.
I am beginning to shift my focus on the subject of economy. Maybe because I am bored with personal finance, saving tips and tricks and all (hey, I am doing all the frugality tips out there). I need a new branch to focus on. Economy directly mirrors the stock prices so here I am, trying to learn the basic economy.
Note: I am not, in any way, trying to be "know-it-all" when it comes to the economy subject. I am just trying to learn and, the best way to learn is to teach. How do I teach? Through blogging about it. When you teach what you learn, the information sticks better and longer.
To tell you honestly, I am currently reading about economics ( The Little Book of Economics by Greg Ip, borrowed from the library). I am taking notes and all and, I have been stuck with the same book for over a month now! That's how I know that I am not good at it. Most of the time, I have to reread a certain page coz the terms and explanations are kind of vague.
It is frustrating when I don't understand something in the book. I take notes and all and, would you believe when I tell you I have 15 pages back to back notes about this book?! And they said it's a "a little book about economics" haha! It so frustrating sometimes but, I always remind myself this is how I got started with the whole investing thing. I take notes, reread the pages, get frustrated coz I was too dumb about investing but, since I love to learn, I'll do it anyway. Now, I can easily read and understand stock investing books without having to linger too much on a certain page. It is my utmost hope that someday, I could read and understand an economics book without having to reread pages after pages.
It is also a promise that as a beginner, I would try my best to explain something about economics in a plain language. Something that you and me can understand. Hey, we are all learning here.
I wanted to name the series MonkeyNomics but when I "googled" it, it is already taken so I settled with this: EconoME and You coz, we are in this together. Haha!
Come learn economics with me.
Cheers to learning!