Protect your assets, prepare a defense
Transcript of Protect your assets, prepare a defense
![Page 1: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/1.jpg)
intentional investing
understanding how you can, and why you can’t because of what is getting in your way, and fixing that
![Page 2: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/2.jpg)
Two positions in most sports
Offense – score as many points as you can
Defense – prevent the other team from scoring thus protecting your lead
![Page 3: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/3.jpg)
Protect your assets
Prepare a defense!
![Page 4: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/4.jpg)
Let’s look at a few defensive plays from the Miami Heat during game 7 of the playoffs as examples.
![Page 5: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/5.jpg)
![Page 6: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/6.jpg)
![Page 7: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/7.jpg)
![Page 8: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/8.jpg)
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?
![Page 9: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/9.jpg)
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.
![Page 10: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/10.jpg)
How stops work
![Page 11: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/11.jpg)
Or, you can hold on if the trend is with you
![Page 12: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/12.jpg)
What are reverse etfs
![Page 13: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/13.jpg)
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!
![Page 14: Protect your assets, prepare a defense](https://reader033.fdocuments.us/reader033/viewer/2022051400/55c6e854bb61eb60148b468e/html5/thumbnails/14.jpg)
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.