Wednesday, October 7, 2020

Plant Your Money Tree: A Guide to Growing Your Wealth by Michele Schneider (Guest Review and Giveaway!)

Plant Your Money Tree by Michelle Schneider is a terrific introduction to understanding the big picture of investing using what is known as “technical analysis.”

Book Details:

Book Title: Plant Your Money Tree: A Guide to Growing Your Wealth by Michele Schneider
Category: Adult Non-Fiction, 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: 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:
  • What to do with their money
  • How to grow their money
  • When to make smart personal choices such as changing careers, guiding their kid's education, expanding their business, buying a house, putting money in a savings account, capitalizing on social trends and investing in the future
  • How to manage their existing portfolios and 401Ks
In clear and accessible language, Schneider walks the reader through the six most essential sectors of the U.S. economy as seen through six market phases ---bullish, caution, distribution, bearish, recuperation, and accumulation. She illustrates how to easily recognize these phases, understand their interrelationships and explains to readers why they should care. Using a personal and conversational tone, Schneider's goal is to help anyone who believes the topic of the economy and growing wealth is beyond their comprehension by giving them the tools to make independent, informed decisions about their money. With that knowledge, readers will gain insight plus have practical, smart options for what to do with their finances.

Schneider holds the readers' hands every step of the way with her welcoming and easy to understand language. She does not endorse passive or buy-and-hold type investing. Rather, she teaches readers an evergreen methodology that adapts to every market scenario.

Guest Review:
Reviewed by Jack Zaleski

Nicely done! Plant Your Money Tree by Michelle Schneider is a terrific introduction to understanding the big picture of investing using what is known as “technical analysis.”

As an investor with a long-term time horizon and who uses “fundamental analysis” to pick stocks I found the author’s explanation of the technical approach to be fascinating. Lots of real-world examples help illustrate the concepts involved. 

To readers unfamiliar with the terms, fundamental analysis considers a company’s financial position and performance, the industry in which it operates, competitors and the economy. The most important source of data for fundamental analysis is the company’s financial statements. These include the income statement, balance sheet and cash flow statements. Fundamental analysis is time consuming – each company must be studied independently and in detail.

Technical analysis, on the other hand, is concerned with stock price action, which gives clues as to the stock’s supply and demand dynamics – which is what ultimately determines the stock price. Patterns often repeat themselves because investors often behave in the same way in the same situation. 

The difference between the two approaches comes down to what determines a stock’s value and price. Fundamental analysis considers the value of the company. This ultimately depends on the value of its assets and the profits it can generate. Fundamental analysts are concerned with the difference between a stock’s value, and the price at which it is trading. Technical analysis is concerned pretty much with just price and volume data.

Michelle does not bog the reader down with esoteric theories and formulas. In chapter two she does a wonderful job introducing the technician’s basic tool – the “Moving Average.” The rest of the book is basically applying that concept to what she identifies as “six market phases.” A picture is worth a thousand words and she provides one – on page 47 – a diagram showing how the phases relate to each other. 

My takeaway: It’s not an either/or choice between fundamental vs. technical investing. Fundamental research can be used to determine which parts of a business cycle are most profitable for a company and technical analysis can then be used to ID and confirm anticipated trends.

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A word from the author:

About 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, 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 

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Ends Oct 16, 2020

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1 comment :

  1. i will be sharing this one too. we can all use a little money help right now
    sherry @ fundinmental


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