Patriot Wealth - October 2018

October is about the changing leaves, pumpkin-flavored everything, and, of course, postseason baseball. Nothing epitomizes the drama in October like a slugger stepping up to the plate in a pressure-filled situation and smashing one out of the park. The crowd roars as the player rounds the bases, fist pumping in the air. But raw emotion sometimes plays just as big a role in the stock market as it does on the baseball diamond. Investors love to be tantalized by a fast-rising stock in hopes of reaping big rewards. While it’s exciting in baseball, getting dazzled by the home runs in the market may be costing you big money. be taken away once it’s on the board. In stocks, that home run can turn into an “out” in a matter of minutes. Cryptocurrencies are a great example. Bitcoin impressed everyone with an astronomical rise late last year. Entire investment portfolios changed overnight to try to capitalize on this stock market slugger in December. By February of this year, the value had plummeted by 75 percent. In baseball, it’s common to overlook the player who frequently gets on base, never strikes out, and plays good defense. These guys aren’t stars, but they are crucial to every baseball team’s success. They’re consistent performers who come in every day and work hard. Your investment portfolio needs stocks that hit singles and perform consistently just as much as it needs the ones that smash it out of the park every time they step up to the plate. Even in baseball, this philosophy proves to be true. Out of the top 10 teams in home runs last season, only three of them made the postseason. Stocks are the same way. You can have a portfolio of home-run-hitting stocks that put up some solid numbers for a brief time, but when those stocks slump, it’s your “team” that takes the hit. Consistent performers over the long haul are just as crucial to developing a well-performing portfolio as they are to assembling a successful baseball team. Contact us today and let us show you how we can build you a portfolio to win it all. CONSISTENCY IS KEY IN YOUR PORTFOLIO The difference between a home run in stocks and a home run in baseball is that in baseball, the run can never SINGLES ARE MORE IMPORTANT THAN HOME RUNS

‘HEADLESS’ APPLES ON HORSEBACK

INGREDIENTS

• 16 very thin slices of pancetta (or cured, unsmoked bacon) • 2 pink lady apples • 3 ounces manchego cheese, 1/4 inch thick • Toothpicks for skewering

DIRECTIONS

1. Core apples and cut each into 8 wedges. Remove rind of manchego cheese and cut into 2-inch sticks. 2. Heat a grill pan or skillet to medium-high. 3. On a cutting board, lay pancetta or bacon slices flat and place an apple wedge and piece of cheese in the center of each. 4. Roll pancetta tightly and skewer with toothpick. 5. Grill until cheese is melted and pancetta or bacon is golden and crispy, about 5 minutes. 6. Drain excess grease on a paper towel and serve hot.

Inspired by Food & Wine magazine

PATRIOT WEALTH | 919.322.4113 | P3

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