The Recent Money Grab of Freedom Checks
Freedom Checks are by far not a government-sponsored program like Medicaid, 401(k), or Social Security. They are a legitimate form of investment that was passed by Congress in 1987 and presently, more than 500 companies issue them. According to Matt Badiali, Freedom Checks can be up to four times bigger than Social Security payouts and they don’t have restrictions like those seen in federal programs. More so, the Statute 26-F permits companies that issue these checks to operate tax-free if they meet the following criteria; generate 90% of their income oil and gas within the US which includes production, processing, and transportation. Secondly, these companies must pay these lucrative freedom checks to shareholders considering that many draw six-figure salaries per annum. Read this article at Money Morning.
The elite group of companies that qualify to issue checks is referred to as Master Limited Partnerships (MLPs). These companies are mandated by law to pay out 90% of their income to investors and these payments are what is popularly known as freedom checks. Since these checks are calculated as return capital as opposed to income, their recipients are not obliged to pay taxes on them. Matt Badiali notes that checks are quite lucrative as their recipients can between $10,000 and $50,000 per month. These are mind-blowing figures that can tempt anyone to buy shares from MLP companies. Fortunately, the exclusivity of MLP companies doesn’t hinder regular people from getting a piece of the pie; buying these shares is as simple as buying shares from other companies like Apple Inc.
Banyan Hill likens checks to “winning the lottery” and Seeking Alpha declares them as a “hidden gem” of investments boosting the financial capacities of regular folks across the US. However, Tim of Affiliate Unguru warns that these testimonials don’t use real-life cases. The supposed photos of recipients are normally stock photos which make the idea of checks seem like a scam. Nonetheless, Tim declares that this investment is not a scam but people shouldn’t expect a cheque by merely signing up. The premise behind these cheques is that MLPs prefer to share profits with investors rather than paying government taxes. However, getting a piece of the yields correlates to performance which leads Badiali to recommend just five out of the 568 MLPs.
Ultimately, the internet is rife with a myriad of financial scams but Checks is not one of them. Potential investors need to determine how much money they want to sink in as this directly corresponds with what they yield from their chosen MLP. Learn more: https://dailyreckoning.com/freedom-checks-exposed/
Financial advisor Igor Cornelsen has been helping people to make lucrative investments in Brazil and worldwide for decades. He first did that through investment and commercial banks in his native Brazil. Then, in 1995, after having served as a senior executive in a number of top banks, Cornelsen opened a private investment advisory firm. He has been helping investors navigate Brazil’s often complex yet lucrative investment landscape ever since. In Brazil, Cornelsen’s work is legendary. He’s considered by many to be the country’s best financial advisor. View resume.com to know more about Igor Cornelsen
For foreign investors, Igor Cornelsen has been a godsend. His experience with the Brazilian banking system has made him invaluable when it comes to handling the red tape and inscrutable banking laws foreign investors encounter when they try to invest in companies, industries and stock markets in Brazil. Plus, Cornelsen has a clear and deep understanding of the Brazilian economy and the forces that drive it. This enables him to provide his clients with sage advice about the companies in which they should invest. Both private individuals and major corporations like Burger King have benefitted from his investment advice.
Over the years, Igor Cornelsen has also devised a number of important rules for investing that he shares with his clients. Those rules have helped to ensure his clients improve their chances of consistently making a profit and avoiding bad investments. Those rules include diversifying their investment portfolio, quickly getting rid of losing stock, investing for the long term and beginning to invest as early as possible. While these rules may seem simple, many investors ignore them to their peril in their excitement to take advantage of what they perceive to be lucrative opportunities. Read more at Reporter Expert for more info
For decades, Igor Cornelsen’s clients have done very well with their investments in Brazil. Through his excellent research, he is able to help them identify companies and industries on the verge of major economic breakthroughs. Brazilians say while other investment advisors are asleep, Igor Cornelsen’s sources of vital investment information keeps him growing wiser and more accurate. And his research skills may in fact be the secret to Igor Cornelsen’s success.
For over 75 years (beginning in 1938), Mexico’s energy market remained nationalized. The state-owned Petróleos Mexicanos (better known as Pemex) dominated the energy sector. However, in 2013, Mexico altered some clauses in her constitution in favor of deregulating the energy sector. The deregulation of the energy sector meant that more foreign investors would stream into the country. Two years later, several foreign companies including Talos Energy and Premier Oil bid to explore crude oil in Mexico. Talos Energy and Premier Oil won the rights to the prospect.
Talos Energy and Premier oil partnered with the local Sierra Oil & Gas to establish a private outfit that would drill the first non-Pemex well in the country in over 80 years. The private well known as the Zama-1 is located in the shallow waters of the Gulf of Mexico. In a statement issued by Premier Oil in May 2017, the drilling work had begun, and it is expected that the well would be functional in three months’ time. The statement indicated that the Zama well holds crude oil in excess of 500 million barrels. The UK’s based Premier oil contributed $16 million towards the venture.
The move by Mexico to deregulate the energy industry and welcome foreign investors resonate well with analysts all over the globe. According to the London-based Elaine Reynolds of Edison Investment Research, the Zama well will be the talk of the town as it signifies Mexico’s energy reform process. He is confident that the project will succeed because of the nature of the rocks around the Sureste Basin (the location of the Zama well). Charlie Sharp echoed Reynolds’ sentiments. The analyst believes the success of the project will shape the future of the Mexico’s energy market. To know about Talos Energy click here.
The honor to manage the new well was bestowed on the 5-year-old Talos Energy. The Houston-based company holds 35% stake in the Zama-1 Well. It is a private company with interest in oil and gas in Gulf Coast and the Gulf of Mexico. Tim Duncan is the company’s co-founder and the current CEO. Recently, one of Talos’ employee, Ash Shepherd, was Thirty Under 40 honoree.
Their Facebook Page: https://www.facebook.com/talos.energy/