A look into the legitimacy of Matt Badiali’s checks
Matt Badiali, a senior editor at the research publishing firm called Bayan Hill recently came up with the checks. Matt Badiali is known for the advice he publishes on his weekly newsletter at Bayan hill to his clients about the best investment decisions to make when it comes to the natural resources sector. Despite the great following that he has, his Freedom checks have been met with a whole lot of controversy with most people claiming that they are not legitimate.
Definition of freedom checks
Freedom Checks are a mean of payment that public partnership companies give their shareholders. They are mean to cover the profits made by the shareholders in accordance with their share percentage and the profits that the company has made. They can be cashed at any bank or invested back into another business.
What is unique about the freedom Checks?
Freedom Checks cannot be used by regular companies to compensate their shareholders. They are only used by the small group of companies that are Masters Limited Partnerships. Masters Limited Companies are companies in the natural gas and oil industry. a while back, one of the presidents of the United States came up with the idea of exempting all investors in the natural gas and oil sector from taxation. These investors enjoy benefits of limited partnerships enjoy with this added advantage. It became a federal law that all the profits awarded to such shareholders would not have to pay tax on their profits unless they sell their shares, and then they will have to pay a small amount.
This was meant to attract many investors to these industries so that the country may produce as much natural gas and oil as possible to reduce reliance on outside nations.Up to now, the Masters Limited Partnership has been a well-kept secret by a few wise investors. Matt Badiali’s freedom checks were developed to become a means that these companies use to reward their investors. They can be either cashed at any bank accepted by the state or can be used to make other investments.