Announcer (00:02):I love this podcast because it crushes your dreams of getting rich quick. They actually got me into reading stats for anything you're tuned in to the Investing for Beginners podcast led by Andrew Sather and Dave Ahern. Step-by-step premium investing guidance for beginners. Your path to financial freedom starts now.Dave (00:33):All right, folks, we'll welcome to investing for beginners podcast. This is episode 173 tonight. Andrew and I are going to talk about REITs stand for real of a real estate investment trust. And we're going to talk a little bit about them and how you can invest in real estate using these kinds of vehicles. So without any further ado, I'm going to turn it over to Andrew. We're going to go ahead and start, and then we'll go ahead and do our little give and take. So Andrew wants you to tell us your thoughts about REITs.Andrew (01:00):I'm excited to talk about rates and just to have you talk about REITs because you've been, you dove super deep into this, this topic and have, based on our conversations, you've achieved a decent circle of competence on it. And I think it would be very helpful for investors to share some of that knowledge, particularly when you look at the landscape we have today. Some of the opportunities out there mentioned the words real estate, and I'm sure that that probably triggers alarm bells with many people.Andrew (01:36):You know, how could you, how could you say you feel positive about real estate amid a pandemic and global depression, but I've talked about on the Eli there. I occasionally think on the show, I know we've had discussions about Dave, how the economic recovery has been different. And I mentioned months ago, how higher-income workers, where we're not only doing just fine from an employment standpoint income standpoint, but they're doing quite well. And then you had the lower-income disproportionately affected by the pandemic job, losses, income loss, and all sorts of things. You know, we have the presidential debates going on and, and, you know, there's, there are talks of the K shaped recovery. So, you know, it's not a foreign concept, and I think when you think about real estate today and where the opportunities are, it's very dependent on you. You can't pay it in a broad brush as you would, the economy, you don't want to paint that in a broad brush either. There's going to be K parts that maybe parts of real estate will do well in the coming months. And parts will continue to struggle regardless of whatAndrew (03:00):Happens with the vaccine or not. And so maybe you can start by introducing certain types of rates because I think that's interesting how there can be specializations within the rates. Maybe, maybe,
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