Upon seeing the results of the most recent provincial elections of Buenos Aires I decided it was time to catch up with an old mate of mine who is truly an OG when it comes to geo-arbitrage, crypto and individual sovereignty - the BowTiedMara
Argentina is not for the faint hearted. Its political landscape is always buzzing with intrigue and scandal. Here's a quick look at the latest developments:
Election Scandals: A dwarf was arrested for ballot tampering, adding a bizarre twist to the Buenos Aires elections. (That’s not a typo)
Political Dynamics: The alliance between Milei's party and the PRO faction is under strain, with corruption scandals and strategic missteps causing a 15% point loss in the recent provincial election.
Upcoming Elections: With national midterms approaching, the political climate is tense, and voter turnout is expected to rise.
So what does all this mean from an investor’s or nomad perspective?
Inflation and Currency Devaluation
Argentina's inflation rate has been a persistent issue, with recent figures showing a decrease from 20% per month to around 2% and the peso has appreciated so strongly against the USD that the dodgy broke-mads who were posting about how cheap the cost of living was have scuttled off to other places.
Despite this improvement, the peso's devaluation after the mid terms remains a significant concern. As BowTiedMara noted, "The central bank has stopped intervening in the FX markets, but the peso is still touching the upper band of currency bands."
Choosing Your Base
Choosing a home base is a crucial decision for those seeking sovereignty. As the Mara suggests, "I would just go somewhere that I would like to live, not so much because it would be cheap or tax advantageous." And he’s spot on here. The focus should be on finding a location that aligns with your values and lifestyle preferences.
Financial Independence
I would add that financial independence is a cornerstone of sovereignty. Generating more income streams from different sources is key and Mara has shared his story in the past about the pitfalls of starting a boots on the ground operation in a country where you aren’t familiar with the local employment laws and culture.
Having a location independent income source is the cornerstone of building your own personal sovereignty and if you’re interested in learning about my secret income engine you’ll definitely want to check out:
The Maverick Life Mastermind
I’m opening up a small, private community for those ready to turn options into location-independent income and design a life of real freedom. Inside, you’ll get weekly calls, live trade reviews, and access to my full Options Income Engine framework — plus guest speakers and a network of serious peers. Spots will be strictly limited, and the waitlist is the only way to get early access and priority pricing.
Crypto Markets
Another key facet of international living is having access to capital which can be easily transportable across borders and can’t simply be confiscated on a whim.
Cryptocurrencies have seen significant fluctuations, with Bitcoin leading the charge. BowTiedMara predicts "Bitcoin can probably run up to around 125K by the end of the year." This prediction is based on the power law and liquidity trends, suggesting a potential surge in Q4.
My own income generation currently revolves heavily around options strategies I’ll be sharing in the mastermind. In terms of investing I continue my usual tactic of monthly alchemy which you I outlined in this piece:
Markets broadly seem disconnected from the consumer economy and any retraction in liquidity next year might provide more interesting longer term investments on the long side. I’ll continue to monitor my favourite investments and provide updates here.
Until then, take care.
Benjamin.
Disclaimer: This publication is intended solely for documenting my personal journey with trading and investments for income and travel purposes. I am not a certified financial advisor nor am I a financial professional 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 any of my work are done at your own risk and discretion.
Ready to Take Your ROI to the Next Level?
Upgrade to premium membership and gain exclusive access to:
The ROI Club: Dedicated to the art of Return On Investment
My investment research that has delivered multi-baggers returns.
Generating Location-Independent Income in order to live:
Where you want
When you want
With whom you want
Doing what you want
