Insight

We believe that investing in Direct Lending and Alternative Income will be as important as equities as a means by which families save for their retirement. As individuals and families consider reallocating capital it is important to become educated and informed of the asset class and its components.

Below we have gathered together some of the most academic literature on this emerging asset class and its sub-categories.

 

1 Income means adjusted gross income, as reported for federal income tax purposes, increased by the following amounts: (i) the amount of any tax exempt interest income received; (ii) the amount of losses claimed as a limited partner in a limited partnership; (iii) any deduction claimed for depletion; (iv) amounts contributed to an IRA or Keogh retirement plan; (v) alimony paid; and (vi) any amount by which income from long-term capital gains has been reduced in arriving at adjusted gross income pursuant to the provisions of Section 1202 of the Internal Revenue Code.

2 Net Worth is the amount by which your total assets at fair market value exceed your total liabilities, with the following adjustments:

(i) the estimated fair market value of your primary residence is excluded from your total assets; (ii) the amount of any indebtedness secured by your primary residence up to the fair market value of such residence is not treated as a liability; (iii) the amount of any indebtedness secured by your primary residence that exceeds the fair market value of your primary residence is treated as a liability; and (iv) the amount of any debt secured by your primary residence incurred during the 60 days immediately preceding your purchase of any securities of the Company is treated as a liability (even if the estimated fair market value of your primary residence exceeds the aggregate amount of indebtedness secured by such primary residence), unless such debt resulted from the purchase of your primary residence during such 60 day period.

Insight

Insight

We believe that investing in Direct Lending and Alternative Income will be as important as equities as a means by which families save for their retirement. As individuals and families consider reallocating capital it is important to become educated and informed of the asset class and its components.

Below we have gathered together some of the most academic literature on this emerging asset class and its sub-categories.