Summary of Michele Cagan's Investing 101

Please note: This is a companion version & not the original book. Book Preview:

#1 If consumers spend money, the economy can grow; if they don’t, it can’t. Understanding the economy and its cycles helps you take advantage of impending changes.

#2 If you're going to invest your money, you don't need to know a lot about how the economy works or the finer points of its more obscure corners. However, you do need to be aware of some basic principles.

#3 If you want to invest, you don't need to understand the economy. However, you need to understand some basic principles.

#4 Know your income, and invest accordingly.

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