Plant Your Money Tree by Michele Schneider Book Tour, Guest Post & Giveaway! {Ends 10/16/20}9/23/2020 ![]()
Book Details:
Plant Your Money Tree: A Guide to Growing Your Wealth by Michele Schneider Category: Adult Non-Fiction (18+) , 272 pages Genre: Personal Finance, Stock Investing, Retirement Publisher: Rowman & Littlefield Publishers Release date: May 8, 2019 ~ Tour dates: Sep 28 to Oct 9, 2020 Content Rating: This non-fiction, self-help book is rated G. Book Description: Plant Your Money Tree: A Guide to Growing Your Wealth was named 'Best New Wealth Books' by BookAuthority. On Amazon, it enjoyed the #1 New Release spot in three Amazon categories: Introduction to Investing, Business & Finance, and Retirement Planning. Plant Your Money Tree offers readers a strategic and actionable way to look at their financial life with a completely new attitude of confidence, empowering them to make smart decisions regarding:
Mish holds the readers' hands every step of the way with her welcoming and easy to understand language. Schneider does not endorse passive or buy-and-hold type investing. Rather, she teaches readers an evergreen methodology that adapts to every market scenario. Buy the Book:Amazon ~ Market Gauge ~ B&N ~ BAM ~ Add to Goodreads
REVIEW by LAWonder10:
In, 'Plant Your Money Tree', author Michele Schneider, offers a concise, simple method of managing, and growing, ones financial matters. Using simple chart graphs, she presents six phases of "tracking the stock market" and describes, plus, defines each one. She explains each one's importance and the affects they have in our lives. Additionally, it explains how this all affects ones 401k's and other savings. Did you know, by understanding these things, one cane make an educated choice in a successful vocation, which classes it would be wise to take, when to buy and sell ones real estate and more? She points out warning signs and to connect with ones intuitions. Her simple 50-200 system is simple enough for most to follow. The six phases assists one to know the best times to invest and the best times to move ones assets. Although this is a simple system, clearly illustrated and written. I feel some who are more knowledgeable in science and mathematics would find this information more lucrative than right-brained individuals, such as I. It was slightly mind-boggling for me. I offer a Three and a Half Stars rating. I was gifted this book with no pressure for a positive review. This is my honest review.
Make Investing Decisions Without Any Financial Training One major concept I cover in Chapter Five of my book is the notion that everyone has a “Consumer Instinct,” which can be used to build wealth in the stock market. Some of my best financial decisions have come from going shopping and thinking to myself, “I better check out this stock, the store is insanely busy!” Or, “I better check out this stock, I notice this chain is expanding its operations.” Or even, “This store has gone downhill. I wonder if this stock is ready to sell off.” I have also talked to many people who never invested in the market before but made an investment decision after hearing about an innovator or a “hot” entrepreneur on the news. Before COVID hit the market hard, my 87-year old mother told me she was going to play mahjong with her friends on Zoom. We were already using it for business but hearing that it was expanding rapidly into the mainstream got me real interested in the stock. We entered the stock long (we bought it) in May 2020 at $144.80. At the time, the stock fell back to a major moving average and held, thereby showing us that it would hold in a bullish phase. Since then, the stock has run to a peak price of $478. That is more than three times the price from our entry! More frequently though, I talk to people who really have no idea that their instincts are worth following up on; and even if they want to follow up, have no idea what to look for. What is the “Consumer Instinct?” Peter Lynch is one of the most famous investors in the world. A former manager of the Magellan Fund at Fidelity, he averaged a whopping 29.2% annual return in his day. Lynch’s number one philosophy on investing is Only Buy What You Understand. "If you stay half-alert, you can pick the spectacular performers right from your place of business or out of the neighborhood shopping mall, and long before Wall Street discovers them." Peter Lynch, One Up On Wall Street: How To Use What You Already Now To Make Money in the Market, Simon & Schuster, 2nd Edition 2012 According to Lynch, our research tools are our eyes, ears and common sense. Lynch would get some of his best stock ideas in a grocery store or chatting with friends and family. He believed that we ALL have the ability to see emerging trends when we watch TV, read the newspaper, or listen to the radio. His reasoning is that since we consumers represent two-thirds of the gross domestic product of the US, the stock market is actually in the business of serving us. If a product or service attracts us as a consumer, then it should also be of interest to us as an investor. Lynch’s research after his “common sense” kicked in was largely fundamental in that he studied sales numbers, earnings growth, and debt-to-equity ratios. As a primary technical trader, I use the charts to help me time my way in with precision. This is particularly important for managing risk and avoiding big losses. ![]()
~ + ~ + ~ + ~ Meet the Author:
A former special education teacher, Michele "Mish" Schneider was one of the first female floor traders on Wall Street. Today she serves as Director of Trading Research and Education at MarketGauge.com, a 20 year industry-leading financial publishing company. With Plant Your Money Tree, Mish combines her love of teaching with her world-class expertise in finance and investing. When she's not changing lives through education, Mish spends her time exploring Sante Fe, New Mexico with her husband (and fellow trader) Keith. connect with the author: website ~ facebook ~ twitter ![]()
Giveaway Details:
$25 Amazon Gift Card courtesy of the author of PLANT YOUR MONEY TREE (AMAZON.COM customers) (2 winners)) (ends Oct 16) Enter the Giveaway using the Rafflecopter Below!
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