If you heard the term “freedom checks,” what would come to mind? It might sound like a fancy new traveler’s checks brand, or even another welfare program that’s being implemented. But freedom checks are actually an investment you can make that’s been revealed at Banyan Hill Publishing. They work similar to stocks because you buy them through similar means, but they have three key aspects that separate them from regular stocks. The man who can be credited with bringing them to light at Banyan Hill is a former geologist who currently researches and buys his own stocks named Matt Badiali, and he writes a weekly newsletter about investing in natural resources. Read this article at metropolismag.com.
The first key aspect about freedom checks is that they’re exclusive to natural resource-based companies and they’re on the rise because there’s been an explosion in fracking and domestic offshore drilling. These companies are expected to multiply their current revenue which will mean large payouts to those who hold their freedom checks, a total Badiali believes will be about $34 billion over the next year. But the second key aspect to these checks is that the companies paying them out are Master Limited Partnerships which are required to payout a large percentage of income to investors and they fall under Statute 26-F in US tax law which also leads to the third aspect. You do not have to pay any taxes on freedom checks because they are considered a return of capital. You only pay the smaller bracket of capital gains tax if you decide to sell your share of an MLP. Read this article at Affiliate Dork.
The reason Matt Badiali has become highly interested in freedom checks is that they could pay gains as high as 39,800℅. There are about 568 companies that issue these freedom checks and Badiali discusses more about how to buy these checks through his newsletter “Real Wealth Strategist.” He has gained experience in commodity investments such as oil and minerals because he formerly worked in the field as a geologist. He received his bachelor’s degree in geology from Penn State University and his master’s from Florida Atlantic University. He has traveled around the world evaluating excavating and drilling sites such as taking into account the drilling crews skills, the quality of equipment and writing up other reports. He became interested in newsletter writing after finding good stocks in mining companies and he’s shown his results to Banyan Hill subscribers.