#076: What We Wish You Knew About REITs
Big Picture Retirement®
Devin Carroll
4.7 • 546 Ratings
🗓️ 11 June 2018
⏱️ 29 minutes
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Summary
Devin and John welcome Brandon Renfro to talk about Real Estate Investment Trusts (REIT).
A REIT is a packaged investment product, like a mutual fund, that is invested in real estate related assets.
There are a couple of different types of REITS that you can buy.
For more information, visit the show notes at http://www.bigpictureretirement.net/076
Transcript
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| 0:00.0 | The Big Picture Retirement Show does not provide specific tax, legal, or financial advice. |
| 0:05.1 | Listeners are encouraged to seek out their own advisors in these areas. |
| 0:13.0 | Hello everyone and welcome to the Big Picture Retirement Show, where we deliver insight on what you need to know for a meaningful and successful retirement. If you are planning for |
| 0:22.4 | or living in retirement, this is the show for you. Hey, John. Howdy. Hey, John, we have a special guest. |
| 0:32.3 | I don't know if you noticed. He's sitting right beside you now. I did. It became, |
| 0:35.4 | I became aware of it. Became awkward. |
| 0:38.3 | That's your space. You're accustomed to having. Yeah, why the hell isn't he sitting on your side? It just happens to be where the extra mic is. Plus, I have all the technology on my side. You have a phone on your side. I do have a phone. You have your cell phone and that's it. So I made the, you know, I made the decision that our guest would go on your side. I do have a phone. You have your cell phone and that's it. So I made the, |
| 0:54.8 | you know, I've made the decision that our guest would go on your side. But let me introduce |
| 0:59.3 | him before we get too much further into this. Brandon Renfro, who's been on the show before, |
| 1:04.0 | more than once or just once? Just once, I think. Yeah, so Brandon Renfro is with us today. I've |
| 1:08.7 | known Brandon for several years. He is a former |
| 1:12.3 | financial advisor and now teaches finance at a university not too far from here. And he was in |
| 1:18.0 | town for Memorial Day and ask him to come in here with us and record this episode where we're |
| 1:23.1 | going to talk about real estate investment trust. Because these things have been in the |
| 1:26.9 | news some with the |
| 1:28.2 | tax cut that was passed last year and with the ongoing search for higher income because we've |
| 1:35.5 | seen interest rates come up some right but they haven't come up enough to satisfy investors |
| 1:40.4 | needs for income a lot of these real estate investment trusts that you see out there |
| 1:44.8 | are paying dividends that are still pretty high, especially compared to what you can get in |
| 1:50.0 | CDs. I mean, in some cases, these REITs are paying three times the amount of income. So we're seeing |
| 1:55.2 | a lot of people buy these things without even really fully understanding what they are. And so my job |
| 1:59.9 | here is not to throw them under the bus |
... |
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