If you have been paying attention to the news in the investing scene, you have probably already heard about the recent viral video posted by Matt Badiali. In this video, the natural resource investing expert for Banyan Hill Publishing Company discusses a discovery which he calls Freedom Checks. He describes them as an exciting opportunity for investors who wish to invest in the energy independence of America. The name is attributable to Matt Badiali himself, but the concept behind it is sound. Read this article at metropolismag.com.
Matt Badiali has been in the finance industry for over 20 years at this point and has experienced a large degree of success and is also known to have helped many people experience similar levels of success through the advice that he gives. However, even though he is very successful in the finance industry is original career path had him working towards being a career scientist. He originally received his Bachelor’s degree in Earth sciences before going to Florida Atlantic University in pursuit of his Master’s degree in geology. It was during his time at the University of North Carolina where he was working towards his Ph.D. while teaching classes in geology that he was first contacted with an offer to join the finance industry.
He was recruited to be a part of a research team that would help create investment advice by researching the corporations firsthand. It was during a project in the oil and natural gas industry that Matt Badiali first learned of Statute 26-F. In the 1980s in an effort to help incentivize corporations in the oil and natural gas industry Congress passed Statute 26-F. This legislation created a new organization classification which is known as a master limited partnership. The largest benefit of being classified as a master limited partnership is a complete lack of tax liability. Visit stockgumshoe.com to know more.
There are obviously huge incentives for a company to meet the requirements to be considered a master limited partnership; however, there are also some key requirements that are needed for a corporation to be considered one. First, a corporation needs to be able to prove that they derive 90% of their income from the processing, storage, transportation, and production of oil and natural gas. In addition to proving their sources of income, a master limited partnership is also required to pay out portions of its revenue regularly throughout the year to its investors. This is what Matt Badiali is referring to whenever he speaks of Freedom Checks.