Category Archives

2 Articles

Posted by frammin on

Freedom Checks are Very Real, and American Investors are Profiting from Them in a Big Way

Many people in the United States rely on a 401 (k) account to save money for their retirement. The problem with this is that these kinds of accounts are not usually enough to retire on. Retired Americans rely on Social Security to take care of the rest of their financial needs during their golden years, but Social Security barely provides enough for them to count on.

This is where Matt Badiali comes in to offer Americans a more secure and long term strategy. He has been serving Banyan Hill as a senior analyst in recent years and has been highlighting the benefits of what he is calling Freedom Checks this last year. Freedom Checks are an investment opportunity that take advantage of a tax code, which allows investors to invest in oil and natural gas companies based in the U.S. By investing in these companies, Americans can receive payouts from their profits. These payouts are not subject to being taxed regularly but are taxed as capital gains.

When many people hear the name Freedom Checks, they first believe this opportunity could be a scam. They are far from it; however, and function pretty similarly to the way that dividend payments work. The United States government set up this investment opportunity to help provide capital to companies in the country who earn most of their profit from the manufacturing, processing, and transportation of natural gas and oil. This means they are a legitimate and legal investment opportunity, which came about over three decades ago when congress passed legislation to help these companies.

The legislation was named Statute 26-F, and it allows American gas and oil companies to avoid paying taxes on their profits. The huge returns that investors can potentially receive have to do with the fact that these companies pay no federal taxes. The trade off is that the same companies must give a part of their earnings back to their stakeholders, which is actually what Freedom Checks are. They end up paying out a lot of money to their investors, but it ends up being less than they would have to pay out if they were taxed like most other companies were.

Learn more: https://banyanhill.com/exclusives/freedom-checks-scam-or-real-deal/

Posted by frammin on

Wes Edens, the owner of the League of Legends team Fly Quest

Wesley Edens is also referred to as Wes Edens. He is a private equity investor and businessman. Edens was brought to the world on October 30th, 1961. The professional resides in New York, in the northern regions of the United States.

Wes Edens is a prosperous businessman. The financial expert co-owns the Milwaukee Basketball team. The team is based in Milwaukee, Wisconsin. He co-owns the sports team with fellow businessman Marc Lasry. Edens and Marc acquired the club from businessman Herb Kohl.

The Milwaukee team cost the duo $550 million. The two businessmen promised to maintain the club’s geographical location in Wisconsin. Subsequently, Marc and Wes Edens pledged to construct a new Arena for the team. This meant that they were going to replace the old BMO Harris Bradley Center.

After school, Edens first workstation was at Lehman brother and company. He joined the organization in 1987. Edens served the firm as a managing director and partner. Edens worked for the Lehman Brother’s firm for seven years. He later decided to pursue something different and unique.

A few days later, Edens acquired an opportunity to work at Blackrock’s company. He was very excited about the new challenge. However, his stay at Blackrock’s was short-lived. Three years later, he dropped his responsibilities at the firm. He quit his job at the firm in 1997. Edens felt that it was the time that he ventured into something different but under his field of interest.

In 1998, Wes Edens met principals, Randal Nardone, Robert Kauffman, Peter Briger and Michael Edward. The unit formulated the idea of establishing a Fortress Investment Company. The company was the first private equity organization to switch to be a public entity. Once it transformed to be a public entity, in 2009, the firm geared to the next level of success. The organization managed to sell 8% of its shares. The shares went for $600 million.

In 2006, a Japanese holding company purchased 15% of Fortress Company for $888 million. Wes Robert Edens together with his co-principals abruptly became paper billionaires. Wesley Edens is known to be humble and straightforward. He is cheerful and relates well to everyone.

His LinkedIn Profile: https://www.linkedin.com/in/wesley-edens-a6b19b3a