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Investment Exit Strategies
The ultra-rich and famous treat getting married like a business problem. They work out prenuptial agreements to assure clean exit strategies even if the lovebirds turn into combatants later on. These deals always sound more like an arrangement to lease a spouse than a true communion. I’d probably respond with a couple of choice words if I were ever offered one - those words being, "Stuff it, wimp."
But when it comes to stocks and options, my attitude is wholly different. You should imagine the worst and prepare ahead. In short, you should be leasing, not committing, if you know what’s good for you. You need a prenuptial for your stock & options trades.
Ask anyone why they invest and the most obvious response you’re likely to get back is, "Because I want to make money." After all, that’s why you’re in the game, right?
And if you’ve ever experienced the joy of scoring a two, three, or even a ten-bagger win from a constantly unpredictable stock market, you’ll know there’s nothing quite like it. Watching your $4 stock rise to $40 is not only exhilarating, but it also validates your investment thesis and strategy.
But sometimes you just have to know when to take the money and run. After all, what’s the point of investing if you don’t have an investment exit strategy?
Investment Exit Strategies Articles on Smart Profits Report:
Investment Strategy: The Exit Strategy That Nets Big Winners And Reduces Risk
Trailing Stop Strategies: How To Avoid It A $190 Million Portfolio Mistake
Stop Loss: Three Reasons to Get Out of a Trade Before it Hits Your Trailing Stop
Exit Strategies: Prenuptial Agreements for Options 2004144
Trailing Stops: How to Give Your Options Room to Grow
Time Stops Strategy: Your 10-Day Profit Test 041306
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