Making Sense with Ed Butowsky Jordan McFarland

Real estate investment is a well-known avenue that has remained a cornerstone of American investment culture. With its tangible assets, potential for appreciation, and opportunity for cash flows, real estate can be a lucrative investment, particularly for individuals with substantial assets.
However, in today's discussion, we're delving into REITs, a distinct type of real estate investment traded on major exchanges such as the NYSE. Joined by David Auerbach, CIO of Hoya Capital and a nearly three-decade real estate expert, we'll explore various aspects of the real estate landscape:
How do REITs operate?Contrasts with private real estate investmentsDifferent categories of REITsThe relationship between interest rates and REITsCurrent opportunities within the REIT marketRemember to share and subscribe to the Making Sense podcast to stay informed about critical topics in investing, finance, and beyond.

This podcast contains general information that may not be suitable for everyone. The information contained herein should not be construed as personalized investment advice. There is no guarantee that the views and opinions expressed in this podcast will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security.  (FirmName) does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance.  Past performance is no guarantee of future results.

A REIT is a security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate.  There are risks associated with these types of investments and include but are not limited to the following:  Typically no secondary market exists for the security listed above.  Potential difficulty discerning between routine interest payments and principal repayment.  The redemption price of a REIT may be worth more or less than the original price paid.  Value of the shares in the trust will fluctuate with the portfolio of underlying real estate.  Involves risks such as refinancing in the real estate industry, interest rates, availability of mortgage funds, operating expenses, cost of insurance, lease terminations, potential economic and regulatory changes.  This is neither an offer to sell nor a solicitation or an offer to buy the securities described herein.  The offering is made only by the Prospectus.

What was once a routine milestone for many just a few decades ago has now become a significant challenge in today's world.
The landscape of homeownership in America has dramatically changed due to various factors: institutions buying up housing, rising interest rates, escalating home prices, and ongoing supply and demand issues have all made buying a home more difficult than ever.
In today’s episode, Jordan McFarland and Ed Butowsky discuss these issues and more.

Here are a few key topics they will discuss:
Is homeownership still a core element of the American dream?Practical advice on assessing whether you can afford a home.The impact of large corporations on housing supply and demand.The growing tensions between older and younger generations regarding homeownership.Predictions for the future of the housing market.As always, we welcome your questions at info@chapwoodinvestments.com. Don’t forget to subscribe and share our podcast—it really helps us out!
www.chapwoodinvestments.com

In this episode of the "Making Sense" Podcast, Ed Butowsky and Vijay Srinivasan explore the realm of fixed-income investments through high-yield bonds. This area of investing is often misunderstood, with many investors viewing bonds as the safest option or being too cautious to invest in them.

Vijay's firm, Scarsdale Capital, has proven different.

In this episode:
Vijay’s background at Marathon, what he learned, and why he decided to start ScarsdaleSome questions investors typically like to ask:What’s the most important difference between investing in junk bonds and government/safer bonds?Why are yields back to 8% to begin the year?What happens when they lower interest rates soon?Discuss what Vijay looks for in a companyAre there certain industries he likes/doesn't like?What is the typical composition of your high-yield fixed-income portfolio in terms of sectors, credit quality, and maturity?How does he compare high-yield bonds with other fixed-income investments out there?How do you assess and manage credit risk in the high-yield bond market?
Established in 2018, Scarsdale Capital is a California-based hedge fund manager. The firm is led by Vijay Srinivasan, former global head of research and portfolio manager at Marathon Asset Management. It invests through its flagship fund, Scarsdale Capital Opportunity Fund, which focuses on high-yield and opportunistic credit situations.
This podcast contains general information that may not be suitable for everyone.

The information contained herein should not be construed as personalized investment advice. There is no guarantee that the views and opinions expressed in this podcast will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security.  (FirmName) does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance.  Past performance is no guarantee of future results.


The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted.

Have you ever wondered how the tax policy affects your daily life?

Long-time policy expert and president emeritus at the Tax Foundation joins us for the 16th episode of the Making Sense Podcast where Ed Butowsky and Scott delve into Scott's new book, Taxocracy, which is coming out April 9th.

In addition to the book, Ed and Scott delve into several pertinent issues in the US currently such as:
Our nation's debt ceilingSocial Security fading awaySeveral tax cuts ending soon that will create over $3 trillion in tax consequences Is there a better way forward with taxes?You can grab a copy of Scott's book next week anywhere books are sold. As a long-time contributor to Fox News and others, his book is sure to be a best seller.

Order your copy of Scott's Book: "Taxocracy" by Scott Hodge
Visit Chapwood's website: www.chapwoodinvestments.com
Learn more about your portfolio today by emailing Jordan McFarland at jordan@chapwoodinvestments.com.

The Investment Forensics toolbox was designed for investors to have the capabilities to use institutional investment tools on their own portfolios in a simple and clear way.

In this episode, Ed Butowsky and Jordan McFarland discuss the importance of including the Investment Forensics Toolbox in your portfolio plan, and share a specific example of the benefit it can bring.
Please see the following summaries of the 10 unique tools within the Investment Forensics Toolbox to gain a better understanding of what each one brings to the investor.
Chaptimizer
The Chaptimizer is the most powerful portfolio-building tool in the investment community today. It can build portfolios that have historically achieved whatever your desired rate of return and risk profile are. This tool is password protected – if you’d like a demonstration contact us.
ChapVest
ChapVest allows all individuals, regardless of portfolio size and income, to determine if what they have in their portfolio is what they need. Across all incomes and ages, most people have no clue about exactly what they need to make to not lose purchasing power.
Portfolio Enhancer
Many portfolios need to be enhanced by bringing their return on historical basis higher and their risk lower. The goal of the portfolio enhancer is to simply make your portfolio more efficient. This item is password protected.
Chip Score
The Chip Score allows investors, for the first time, to score their portfolio in regard to risk and return. Most importantly, it allows you to score your financial advisor. If you have a score below 50, you really need to consider making major changes.
Financial Distress Calculator
The Financial Distress Calculator is a very simple tool that allows all individuals to determine if they’re on a path to prosperity in retirement, or if they’re headed down the wrong path. This tool is anonymous, but allows you to determine on your own if you’re on the right path or not.
Salary & Income Comparison
This is a unique tool that allows you to see what varying salary and income will do to your retirement.
Investment Reality Check
The Investment Reality Check is very similar to the Pepsi Challenge. We go through different well-known investors and investment firms to help you see what’s efficient and what’s broken.
Portfolio Analyzer
The Portfolio Analyzer is exactly that – it allows you to see your eight metrics on your investment portfolio.
Portfolio Builder
The Portfolio Builder allows investors to build a portfolio that historically matches their return profile and risk profile. This item is password protected.
Side-by-Side Calculator
The Side-by-Side Calculator allows us to dissect in great detail one portfolio in comparison to another portfolio.

Contact us today if you'd like us to run these for your own personal investment portfolio free of charge.

In 2005, Ed Butowsky developed the 8 Metrics, a tool designed to gauge an investor's portfolio efficiency. This involves analyzing eight crucial data points and presenting a clear, understandable score for non-professional investors.

Having managed high net worth portfolios at Morgan Stanley for nearly two decades, Ed recognized the significance of imparting essential portfolio knowledge in an easily understandable manner to individuals.

In this podcast, Ed and Jordan McFarland explore each of the 8 Metrics individually, providing insights into the details of each metric and what listeners should be aware of.

Key Topics Discussed:
The Importance of Having an Objective Means of Evaluating a PortfolioThe 8 Metrics Broken DownPutting the 8 Metrics into ActionJoin us back here next week!