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In 1960, Congress passed a law creating Real Estate Investment Trusts (REITs), large portfolios of income-producing real estate 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 thus carry a certain excellent standard for 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 market 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 have become popular, because of their possible double-digit dividends. But, public non-traded REITs have recently come under heavy scrutiny because of the large upfront fees often charged to investorsand questionable practices around the disclosure of these fees.
In the last few years, pioneering new platforms such as Fundrise have emerged. Fundrise intends to offer the benefits of private market accessibility, but with lower fees that potentially help investors earn better returns. Leveraging technology and new federal regulations, Fundrise provides investors that the first ever diversified commercial real estate investment portfolio accessible directly online to anyone in the United States, no matter their net worth.
Irrespective of which investment strategy you decide to pursue to earn residual income, an essential portion of the investment process is careful due diligence of each opportunity as it arises and working hard to eliminate any pre-existing biases. Take your time to figure out which approach makes the most sense for you, and carefully calculate your residual income goals.
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When looking at income in the long run, shouldnt we're looking at what is going to happen and determine if that's Read Full Report what we want life to look like We need to work backward from that point until we achieve now, viewing our decisions with money as the pre-cursor of tomorrow The reason we even speak about residual income is thats the goal of retirement or what we prefer to call time liberty. .
When you retire, your Social Security income and pensions, if they're left, plus dividends and interest from your investments and perhaps an important source income annuity will meet your needs and hopefully surpass them, so 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 small piece back when we retire (even though it's taxed in retirement again).
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Consequently, if the goal is to have 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 before taking our money before 59.5, wouldnt it be prudent to start investing in sources of residual income now that perhaps dont have an age limitation into our 60s What guarantee do we have that we'll make it that long.
Additionally, 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 could diversify. Who knows, perhaps you could begin generating residual income now and step into that time freedom sooner than your 60s.
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Taking inventory of where you're at is indeed crucial. Are you currently doing one of those seven Dont be confused, not all businesses or investments are remaining, in our own opinion.
Residual income has two actual definitions. Lets look at those first. Residual Income is income that continues to be generated following the initial effort has been expended. Compare this to what the majority of people concentrate on earning: linear income, that can be one-shot compensation or payment in the form of a commission, wage, commission or salary.
We believe that income which exceeds your expenses is called PROFIT! So, we're going to use the first definition for the sake of the document. .