“Freedom Checks”: Achieving Financial Freedom

As far as preparing for retirement, most Americans are told by the “experts” that a 401(k) and Social Security will be enough to cover their expenses for the rest of their lives. However, many people are worried that Social Security may not be around by the time they are ready to retire. A 401(k) is a great option that everyone should take if their employer matches their contribution. The issue with a 401(k) is an individual is limited to only a few investment options. Individuals who want a supplemental income to their retirement may wish to consider investing in “Freedom Checks”. This investment option was first considered a scam when financial advisor Matt Badiali introduced it to the world. It is unfortunate that many of the individuals who heard about “Freedom Checks” probably never invested in them.

Matt Badiali made investing in “Freedom Checks” seem so new and revolutionary. Many stockbrokers with years of experience were unfamiliar with this investment opportunity. However, this investment strategy has been used since 1987 by expert skilled investors with a thorough understanding of the US tax code. The companies one must invest in are “Master Limited Partnerships”. These companies’ issue these checks to their stakeholders and the distributions they pay tend to be much larger than a typical dividend paying company. The tax code allows these companies to operate without paying the federal government any income taxes. The best part for the investor is that the distributions they receive from MLPs are not taxed, meaning they can get a monthly or quarterly income and not have to worry about paying Uncle Sam come tax season.

After the public accepted the fact that “Freedom Checks” were not a scam, many still thought that this was a government program. Individuals should Know that they are buying shares of a company to get the payouts. This is an investment and not a government program. It is very simple to get started investing in MLPs and there are currently over five hundred companies that meet the qualifications to be considered an MLP. Investors should do their due diligence to determine if investing in “Freedom Checks” will help them achieve investors financial independence.

Randal Nardone and Wes Edens

Randal Nardone had plans of starting his company. But the experience he had about the business industry, he knew it was not going to be easy. The market had well established organizations that could give his company stiff competition. However, nothing was going to stop him; he had made up his mind to get into the market. He knew the financial market, and that was the field that he wanted to venture in.Moreover, he had worked with clients in the same field, something that was giving him confidence that he will make it the competitive market. With this expertise and experience, he came up with Fortress Investment Group with his partner Wes Edens. Edens is a well known entrepreneur in the financial field.

Randal Nardone, chief executive officer of Fortress Investment Group
Randal Nardone is the current chief executive officer of Fortress Investment Group

The two came up with the organization in 1998. Randal Nardone is the current chief executive officer of Fortress Investment Group, and Wes Edens is the co-chair.As the CEO of the organization, Randal Nardone has been the central pillar in charge of the company development and growth. Presently, Fortress Investment Group is the leader in the alternative asset management and is famous for its quality service to its customers. Randal has shown a great deal of knowledge and skills in the financial field. He has achieved a lot of experience over the years which has made him an outstanding professional as well as a financialist. Before establishing his  organization, Randal Nardone had opportunities of working in leadership roles in several companies.

He has helped many organizations and individual with financial advice that has made them successful in the financial field.Although an expert in finance, Randal started his career in the law firm. He grew up knowing the career he wanted, and that was law. He graduated with both his bachelors and masters degree in law. While serving in the law industry, Randal started developing an interest in the financial field. All this time, he was thinking about how the two fields would interlink. After some time, he made up his mind and changed his career to that of finance and has since brought so many changes in the field of finance.