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In 1960, Congress passed a law creating Real Estate Investment Trusts (REITs), large portfolios of income-producing property investments. A REIT is required by law to distribute 90% of its earnings to investors each year. Today, an estimated 70 million Americans invest in REITs.
Due to their special tax status, REITs must follow strict compliance standards and therefore carry a certain quality standard for both the vehicles investment strategy and the property experience of the managing team.
What's more, publicly-traded REITs tend to be correlated to broader market volatility, meaning that the share value may fluctuate depending on the way the stock exchange is doing, regardless of whether or not anything has changed with the underlying properties owned by the REIT. .
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On the other hand, public non-traded REITs are becoming popular, due to their potential double dividends. However, public non-traded REITs have recently come under heavy scrutiny because of the large upfront fees often charged to investorsand dubious practices around the disclosure of these fees.
In the past couple of years, pioneering new programs such as Fundrise have emerged. Fundrise aims to offer the benefits of private market accessibility, but with reduced prices that potentially assist investors earn superior returns. Leveraging technology and new national regulations, Fundrise offers investors the first ever diversified commercial real estate investment portfolio available right online to anyone in the United States, no matter their net worth.
Regardless of which investment plan you decide to pursue to earn residual income, an essential part of the investment process is careful due diligence of every opportunity as it arises and working hard to eliminate any pre-existing biases. Take your time to figure out which strategy makes the most sense for youpersonally, and click now carefully calculate your residual income goals.
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When looking at income in the future, shouldnt we be looking at what is going to happen and determine if that is what we want life to seem like We need to work backward from this point until we achieve now, viewing our decisions with money as the pre-cursor of tomorrow The reason we even talk about residual income is the aim of retirement or what we like to call time freedom. .
When you retire, your Social Security income and pensions, if they are left, and dividends and interest off of your investments and perhaps an income annuity will meet your needs and hopefully surpass them, so that you can walk away from the day job.
Dividends and interest are a form of residual income. Social Security certainly is, that the government takes money from us every paycheck and we receive a little piece back when we retire (even though it is taxed in retirement again).
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So, if the objective is to get residual income when we retire, which seems based on Social Security rules to only be possible in our 60s, and the government has mandated penalties prior to taking our money before 59.5, wouldnt it be prudent to start dig this investing in sources of residual income now that maybe dont have an age limit into our 60s What guarantee do we have that we'll make it long.
Furthermore, what control do we really have over Social Security and our 401Ks Looking at the origins of residual income, lets take a look at other high tech places we can diversify. Who knows, perhaps you could start generating residual income now and step into that time freedom sooner than your 60s.
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Taking inventory of where you are at is so crucial. Are you currently doing one of those seven Dont be confused, not all businesses or investments are residual, in our own opinion.
Earning income has two actual definitions. Lets look at those . Residual Income is income which continues to be generated after the initial effort has been expended. Compare this to what most men and women focus on earning: linear income, which can be one-shot compensation or payment in the form of a fee, wage, commission or wages.
We believe that income that exceeds your expenses is called PROFIT! So, we are going to use the first definition for the sake of this document. .