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In 1960, Congress passed a law creating Real Estate Investment Trusts (REITs), big portfolios of income-producing property investments. A REIT is required by law to distribute 90 percent of its earnings to investors every 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 the vehicles investment strategy and the property experience of the managing team.
Furthermore, publicly-traded REITs tend to be connected to wider market volatility, meaning that the share value may fluctuate depending on how the stock exchange is doing, irrespective 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 more popular, due to their possible double-digit dividends. However, public non-traded REITs have recently come under heavy scrutiny due to the large upfront fees often charged to investorsand questionable practices around the disclosure of these fees.
In the past couple of years, pioneering new platforms such as Fundrise have emerged. Fundrise aims to offer the benefits of personal market accessibility, but with reduced prices that potentially help investors earn superior returns. Leveraging technology and new national regulations, Fundrise provides investors that the very first ever diversified commercial property investment portfolio available right online to anyone in the United States, no matter their net worth.
Regardless of which investment strategy you opt to pursue to earn residual income, an essential part of the investment process is careful due diligence of each opportunity as it arises and working hard to eliminate any pre-existing biases. Take time to figure out which approach makes the best sense for you, and carefully compute your residual income objectives.
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When looking at income in the long run, shouldnt we be looking at what's going to happen and determine if that is what we want life to look like We need to work backward go to my blog from that 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 goal of retirement or what we prefer to call time freedom. .
When you retire, your Social Security income and pensions, if they're left, and dividends and interest from your investments and maybe an income annuity will fulfill your needs and hopefully exceed them, so you can walk away from the day job.
Dividends and interest are a form of residual income. Social Security certainly is, the government takes money from us every paycheck and we get 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 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 begin investing in resources of residual income now that perhaps dont have an age limitation into our 60s What guarantee do we have that we will make it that long.
Furthermore, what control do we really have over Social Security and our 401Ks Looking at the sources 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 opinion.
Residual income has two real definitions. Lets look at these first. Residual Income is income which continues to be generated following the initial effort has been expended. Compare this to what the majority of men and women focus on earning: linear income, that is one-shot compensation or payment in the kind of a commission, wage, commission or salary.
We believe that income which exceeds your expenses is called PROFIT! So, we are going to use the first definition for the sake of the document. .