Watch the Chord Inversions online guitar lesson by Jason Loughlin from Focus On: Travis Picking
Now let's start folding in chord inversions. We will be focusing on chord inversions on the top four strings. An inversion is a respelling of a chord to change what note sits lowest. I use these because they cut through. So they can be great for travis picking solos. The second reason is because we now know how to play the same chord in three places. So we can be more melodic and dynamic than if we were only relying on chord embellishments. You can here examples of these in Elvis's cover of That's All Right. Scotty Moore uses inversion to keep movement happening on the I chord. I've included a chart the inversions and common embellishments.