Hey there Maverick.
Welcome to the new look of the publication ‘ The Maverick Life’.
Here I document my progress towards building a ‘Maverick Life’ for myself in Latin America which I will call home starting April 2024. This portfolio is focused on regular income generation using options on publicly traded stocks with a targeted annualised return of 27% PA. I share everything with the subscribers of this publication. If you’re interest in learning more see this free article with a full video presentation here.
Now, to business..
The Maverick Life Video
Here’s one from the archive which should interest you. BAK 0.00%↑ has been the take over target of various private equity firms for some time now. Recently the company received a serious bid from ADNOR at the price equivalent of $15 per ADR. The ADRs currently trade around $9, up from my entry point of $7 approx. It’ll be interesting to see what happens and rumour has it that ADNOR is visiting the board in Jan ‘24.
Portfolio Performance:
My notes:
All eyes should be on shipping rates right now given the unrest in the middle east and the aggressive action of the Houthi rebels in Yemen. I will not delve into the geopolitics etc of the issue as there’s plenty of material out there, but take a look at the Baltic Dry Index’s massive jump and you’ll soon start to imagine the inflationary implications this is likely to have on global trade.
If you’re interested in copying my long term investment moves you can do so here via the E toro platform: https://www.etoro.com/people/benjamindemase
Wishing you all a very merry Christmas and a happy new year.
Squad members - scroll down for this week’s wrap.
In true Maverick spirit, let's embrace adventure and see what happens.
See you inside the squad.
Benjamin.
Disclaimer: Options Mavericks is intended solely for documenting my personal journey with options trading for income and travel purposes. I am not a certified financial advisor, and none of the content provided should be construed as investment advice. It is essential to conduct your own thorough research and consult a registered financial service provider for appropriate guidance. I cannot guarantee the accuracy or completeness of the information presented. Any actions taken based on the information shared in Options Mavericks are done at your own risk and discretion.
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