Investor or Trader, Can You Do Both? Let's Talk With Dan Sugar and Find Out

04/14/23 • 28 min

Let's Talk with Dan Sugar the author of Trends, Trend Following & Trendlines. Do you think trading stocks, options, futures, currencies, commodities or even U.S. Treasuries are risky, complicated and not for you? Learn from Dan Sugar, a third generation trader and educator how to use four specific strategies to be a more successful trader. We cover a lot of topics in this interview, even how you can (and should) be both a long-term investor and a trader. We are talking day trading, swing trading, watching what the Federal Reserve is doing and how to make technical analysis for trading a lot easier.
Daniel Sugar, an experienced investor and trading mentor, is proud to announce the release of his new eBook “Trends, Trend Following & Trendlines.” This eBook will serve as a resource for those who are looking to take their investment portfolios to the next level and increase their earnings exponentially.
Dan covers what you need to know for for short-term traders and long-term investors and applies to all asset classes, including stocks, ETFs, futures, options, forex, and cryptocurrencies. Dan boils it down to four specific strategies: two for bull markets and up-trends, and two for bear markets and down-trends. The Book also covers how to identify macro-trends easily and draw trendlines accurately just like hedge funds, with specific entries, stops, and targets.
If you have a fear of trading, because it is just another language to learn and worry about losing money, Dan's approach is to start small with just small positions in stocks, ETFs, Futures, Options, Forex, even Cyptocurrencies. Once you can identify micro trends and how to draw a trendline you can start learning how to add profits to investments with just a few simple trading strategies. It's all hear in this interview. A great place to start, then you learn more from his easy to read book. Need more help, Dan has training programs available and you can even signup for one of his webinairs.

Learn how to make investing simple for anyone and get on a path toward wealth.

Learn how to make investing simple for anyone and get on a path toward wealth.

Previous Episode

I Watch What Millionaires Do and Follow, Author Marissa Greco-Reale

Author and Financial Planner, Marissa Greco-Reale Author of Bottom-Up Wealth
Your Host for the show is Floyd Saunders, Founder of Really Simple Investing.
Floyd's Book, Five Paths to Wealth.

Follow Marissa on her website. Greco-Nader Wealth Navigation. https://www.greconader.com/Marissa-Greco.e1007259.htm

Marissa on Facebook. Marissa on Youtube

In this interview we talks about the value of long-term investing and then we start the interview with Marissa and her six-step prosperity plan from her book Bottom-up Wealth.

Marissa is a licensed financial planner and we talked with her about her book and her six-step prosperity plan.
In Marissa’s book, Bottom-Up Wealth, she says anyone can become wealthy, but not everyone can maintain that wealth. You ready need a plan for that.

Step one is talking care of Risk Management. Which is taking caring of your insurance needs so you have protection. For Marissa, insurance should be insurance and investing should be investing so you have control over your money. If you don’t have risk management in place, all of the other stuff doesn’t really matter.

Step Two is Cash Flow Planning. This is about understanding what is coming in and what is going out, using what she calls reverse budgeting which is hitting your savings goals first. When you use a reverse budgeting, you can then enjoy some of your money because you have hit your retirement and savings goals.
Step Three is Investing Planning. When it comes to investing, Marissa watches what millionaires do and she follows that. Marissa favors mutual funds because it comes with professional fund managers that can actively manage the fund for you. It important to understand each person’s situation and plan for that situation.
Step Four is Retirement Planning. Talking about retirement planning. For many higher income people, a Roth is not a great option. But if you are in a lower tax bracket a Roth might be better.
Step Five is Proactive Tax Planning. Most tax planning occurs after the fact, making it reactive. Marissa favors proactive tax planning so you can decide if it is better to take tax deductions now or in the future.
We wrap up with talking about Step Six estate planning and the need for a will and perhaps a trust to help make sure your money goes to heirs you want to get money and/or a qualified charity.

Learn how to make investing simple for anyone and get on a path toward wealth.

Next Episode

Talking with Money Marci About How to Manage Budgets and Better Money Decisions

Marci Grossman likes to be known as "MoneyMarci" but we discover she is really the Tik Tok account. In addition to her career as an accountant, Marci is an author, and producer of videos on YouTube, Instagram and TicTock.
We talk about Investing for the Long-term, budgeting like a millionaire, getting your employee benefits right, how she helps couples avoid fighting about money, having goals, and making better decisions with your money.
Marci is also a second-generation accountant, and practicing Certified Public Accountant for over 30 years, who started doing bookkeeping work for with her father at about the age of 14. She holds a degree in accounting from Michigan State. Her passion is educating people about their finances. You can learn more about Marci and her work at https://www.moneymarci.com/

Which was created so Marci could have a broader reach and help educate people how to take control of common money related decisions in their lives.

She is the Author of MoneyMarci’s Guide to Financial Literacy

Her passion is educating people about their finances.

Follow Marci at:

https://www.tiktok.com/@marcigrossman

https://www.facebook.com/MoneyMarci/

https://twitter.com/MsMarciG

https://www.linkedin.com/in/marci-grossman-36190a2/

https://www.instagram.com/money.marci/

Marci has been a guest on several podcasts. And writes a blog from her website.
Marci has also been a freelance writer for almost 20 years, writing for a wide range of publications.

Learn how to make investing simple for anyone and get on a path toward wealth.