Matt Badiali has recently entered headlines as a result of his viral video in which he discusses a unique investment opportunity that he refers to as Freedom Checks. Freedom Checks are actually simply a term coined by Matt Badiali. What he is referring to whenever he is speaking of Freedom Checks is really the periodic payments that are made to shareholders from corporations which are known as master limited partnerships. Matt Badiali first learned of master limited partnerships and the payments that these corporations make to their shareholders as he was researching a project in the oil and natural gas industries. Visit the website freedomchecks.com to learn more.
Matt Badiali has been in the finance industry and has written financial and investment advice for a number of years. However before ever entering the finance industry he had already had a long career as a trained scientist. Whenever he was first recruited into the finance industry, he was already working on his Ph.D. and as a teacher of geology at the University of North Carolina. Matt Badiali had already completed his Master’s degree from Florida Atlantic University in geology and was on his way to being a career scientist. It was at this time that he was contacted by a financial expert was building a team of researchers to research potential investment opportunities in the natural resource and commodities markets. This individual realized the value of having a trained geologist on his team’s and offered Matt Badiali a position that would allow him to travel the world in order to see firsthand the operation of corporations and the natural resource and commodities markets.
As he was doing work on a project the oil and natural gas industry he learned of the existence of master limited partnerships in the legislation that allowed them to exist as he was discussing potential investment opportunities with some of the nation’s leading oil and natural gas figures. In the 1980s Congress passed a piece of legislation known as Statute 26-F that allowed a corporation to operate tax-free. Statute 26-F specified that if a corporation derived 90% of its income from the production, processing, storage, and transportation of oil and natural gas domestically within the United States of America, as well as periodically payout a portion of its revenues to shareholders then it would qualify to operate as a master limited partnership. Matt Badiali realized the significance of this investment opportunity and created the term Freedom Checks in order to refer to it. Learn more about Freedom Checks at dailyreckoning.com.