What Is A Trump Check
A Trump Check really has nothing to do with President Trump. The Check was named such by Mike Burnick. To earn the check, you have to pay 99 dollars a year to join Mike Burnicks newsletter. Burnick claims that you get money when foreign investors put money back into the United States. To earn any money what you actually have to do is invest in companies that Burnick recommends.
What are Freedom Checks?
Freedom Checks, created by geologist Matt Badiali, is a different type of investment. The companies that these checks invest money in are called Master Limited Partnerships. The MLP’s are companies that produce, processes, storage, and transportation of oil and gas in America. The companies work like any other stock investment. To qualify as an MLP, the company has to pay 90 percent of their income to their investors. There are around 568 companies that qualify as an MLP. To purchase an MLP, you purchase it like you would for any stock. Money received from MLPs is considered a return of capital. Because of this, there is no income tax charged on earnings.
Which One Is Better?
Both checks are investments and require thought before purchasing. They both require an upfront financial investment. With any investment, there is a certain risk involved. Freedom Checks there is more flexibility about just who, and how much you invest. With the trump checks, you first have to pay 99 dollars to receive a newsletter showing what to invest. For some, the upfront cost is a turn-off, but for others, it might make them feel better having a guide through the investing processes. Freedom Checks counts on the American oil and gas boom to gain back on its investment. The trump check seems to depend on Burnick’s experience. There are pros and cons to each one, and it depends on what you feel more confident investing in.