Protect your assets, prepare a defense

intentional investing

understanding how you can, and why you can’t because of what is getting in your way, and fixing that

Two positions in most sports

Offense – score as many points as you can

Defense – prevent the other team from scoring thus protecting your lead

Protect your assets

Prepare a defense!

Let’s look at a few defensive plays from the Miami Heat during game 7 of the playoffs as examples.

So, what does defense have to do with stocks?

• What you want is to protect your assets.• Keep the gains that you have made.• There are a few things you can do to

help yourself with this.• Please keep in mind, that your broker

won’t do this for you…and most likely won’t do it even if you ask them to!

• So what are they?

Action you can take to protect your assets:

Put stops on your stocks – this is setting a floor for your stock where for the most part, it will not go below that dollar or percent amount.

Buy reverse etfs which go up when your stock/the market goes down.

Sell covered calls on your stock which is an option. We will discuss this at another time.

How stops work

Or, you can hold on if the trend is with you

What are reverse etfs

Suggestion

Set up a fake account with Stockrover.com,

Pick a few of your favorite stocks to watch,

Select one or two sector etfs as well, And of course, at least one reverse etf

say on gold or silver as a suggestion as they continue to go down!

Try it – it might not be as bad as you think!

You ARE the Commander in Chief

And have the power to write my own script and choose my own characters.

My characters need to support my goals. I command my mind, my body and my

soul and will learn to slay the Dragons of fear, sabotage and impulse.

I will develop the skills to allow myself to be passionate about myself and the goals I set forth for my new life of productiveness.