Making That Laptop Income
TML Portfolio Update + New Monthly Trades. $750 Cash In Aug.
Hey there Maverick.
If you’re new to this segment, it’s called ‘The Maverick Life’.
It’s where I get a little more colourful than the usual cut and dry investment research.
The Mav life is simply me living my life on my terms and sharing key factors that allow me to do so with you so that you may use them as you see fit to live your own Maverick Life.
Location-Independent Income is a keystone to living my Maverick Life and one of my preferred ways to generate that is via running my ‘Maverick Life’ Portfolio.
Here I essentially run a ‘One Man Insurance Co.’ actively sell options over dividend-paying and value stocks. This allows me a source of income which can be generated from anywhere in the world (with internet).
Today’s note is a fairly simple update.
Many options (Insurance contracts I sold) expired on Friday so now I’m selling about $40K worth of contracts that will expire in another month.
I’m going on a skiing holiday to Queenstown, NZ so it’s an opportune time to hit the sell button and generate some spending cash.
Behind the curtain I share the exact trades I’m making which will generate me $750 (USD) in cash upfront, requiring a collateral backing of ~$37,000.
That’s approximately a 2% ROI on the month or 24% roughly annualised.
For more detail on how this works see here:
Exclusive
I thoroughly enjoyed my latest chat with the Unemployed Value Degen.
He’s brought to my attention some very interesting value plays, some of which I’m using to sell options on in my income portfolio.
Here I leave you early access to our entire recorded discussion ahead of the rest of the audience following on Youtube and be sure to subscribe to his ‘stack for great insights on value opportunities in the small cap space.
Performance:
Now if you’re reading this for the first time, you’ll be wondering if this is legit.
The answer is yes, but perhaps sharing a screen shot of the portfolio performance will give you a little more confidence than just my saying so.
Ok, here is where I drop the curtain and share in exact detail how I’m positioning for the weeks ahead including every single trade. You’ll discover how I: plan them, place them and weight them in the portfolio. Obviously this is for paying squad members only. If you’re interested in becoming a squad member and living ‘The Maverick Life’ then why not take it for a test drive with a free trial where you’ll instantly get access to all the material, past and present in the archives?
You’ll join my ‘documentary’ of generating location-independent income with only a modest amount of capital living the maverick life = living Where I want, when I want, with whom I want, doing What I want.
See you in the squad!
