Exploring The Growth Of REITs And ETFs with David Auerbach

How do you navigate through tumultuous events while doing your business? In this episode of Weiss Advice, we welcome David Auerbach, David shares his inspiring journey from retail advisor to one of the pre-eminent REIT research trading desks in Dallas. He shares his 24 years of experience witnessing the growth of REITs from just a handful of names to over 200 publicly traded companies, and his insights on investing in them.Tune in to this episode as David shares how he navigates through tumultuous events such as 9/11, the housing crisis, and COVID-19, and his advice on networking!<br/>[00:01 - 01:17] Opening SegmentWe welcome, David Auerbach!David is an expert in the REIT industry and director of REITGetting fired as a retail advisor for wanting to network[01:18 - 33:50] Exploring The Growth Of REITs And ETFsHis experience with tumultuous eventsInvesting in REIT is different from investing directly in a propertyNetworking is important for any ageStart investing in REITs early for retirement incomeDividend stocks and dividend investing are a great ways to generate passive incomeREITs have grown significantly over the past few decades due to acquisitions by larger companies[33:51 - 39:34] THE FINAL FOURWhat's the worst job that you ever had?Worked as a broker-dealer in the ETF industryWhat's a book you've read that has given you a paradigm shift?“Watch That Rat Hole” by Ken CampbellWhat is a skill or talent that you would like to learn?Learn to play the guitarWhat does success mean to you?David Auerbach says, “There are more important things than having money in the bank. If you're not happy, you will never be successful.”<br/>Connect with David Auerbach: Website: Armada ETFsWebsite: Seeking AlphaLinkedIn: David AuerbachTwitter: @armadaetfs<br/><br/>LEAVE A 5-STAR REVIEW by clicking this link.<br/>WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.<br/>Tweetable Quotes:“Networking never ends. It doesn't matter if you're 18, 48, 88, you're always networking.” – David Auerbach<br/>“Good things come out of bad situations, and I wouldn't be at Armada if it wasn't for being in that bad situation.” – David AuerbachSupport the show