Freedom checks have become a very popular term thrown around. Some know what they are and some do not. Some question their legitimacy and some are ready to jump right in. Regardless, freedom checks can be great forms of investments to those invest wisely with one of the companies issuing out these checks. Read this article at Money Morning.
There are misconceptions that come along with freedom checks. There are a lot of rumors on the internet that need clearing up. First off, some have spoken that these checks are being given out by the United States government. That is completely false. The government does a play a role in connection to these checks. The government overseas and regulates the companies sending these checks out to stakeholders. The type of companies that issue out freedom checks are master limited partnerships. These partnerships were created by the government back when President Nixon was in office. These master limited partnerships are companies that operate in creating oil and gas for America. There is about five hundred of these domestic companies. When stakeholders by shares in the company, they are sent their dividends either monthly or quarterly through the form of one of these checks. Read more at Agora News about Freedom Checks.
That brings us to the second point. Some believe that these checks are an easy cash handout. That is utterly false. There is nothing easy about receiving cash from one of these customers. An investor has to first invest in one of these companies and after an investment wait for returns. Like with any type of investment, returns depend and rely on the market.
Lastly, there is a misconception that freedom checks are merely scams. That is completely false. These checks are completely real and available to investors in the master limited partnerships companies. What is false is that not all companies who claim to be one of the five hundred or so brands issuing how lump sums are actually one of those companies. People have taken advantage of the market and are pretending to be a MLP to issue out these checks. So, be mindful to only invest in legal master limited partnerships.