11/8/23: Keeping the Family Close - but Not That Close
On today's show, Ric addresses the rise of Accessory Dwelling Units for elder care and the growing investment opportunities in data center REITs. The episode offers actionable insights into real estate's evolving role in technology.
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · Ric Edelman
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Show Notes
In this episode, Ric examines the increasing adoption of Accessory Dwelling Units as affordable, independent living spaces for the elderly, and the financial implications for homeowners. Additionally, Ric discusses the investment prospects of data center Real Estate Investment Trusts (REITs), which are capitalizing on the exponential growth of digital data needs. He provides a detailed overview of how these REITs function and their significance in a modern investment portfolio.
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Links from today's show:
Accessory Dwelling Unit (ADU): Definition, Cost, and Value Add: https://www.investopedia.com/terms/a/accessory-dwelling-unit-adu.asp#:~:text=An%20accessory%20dwelling%20unit%20(ADU)%20is%20a%20legal%20and%20regulatory,to%20house%20a%20family%20member.
Real Estate Investment Trust (REIT): How They Work and How to Invest: https://www.investopedia.com/terms/r/reit.asp
Global X Data Center REIT and Digital Infrastructure ETF (Symbol is VPN): https://www.globalxetfs.com/funds/vpn/?utm_source=google&utm_medium=cpc&utm_content=vpn&utm_campaign=search
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