*Sorry for any errors in grammar as this was generated using AI
Outline:
Chapter 1: Introduction to the Money Pig Podcast
Timestamp: 00:08
Chapter 2: Discussion of Alternative Investment Options with Justin Pitcock
Timestamp: 00:18
Chapter 3: Need for Additional Diversification
Timestamp: 01:03
Chapter 4: Interval Fund
Timestamp: 01:21
Chapter 5: Legality and Illiquidity of Interval Fund
Timestamp: 02:06
Chapter 6: Long-term Investment of Interval Fund
Timestamp: 02:48
Chapter 7: Different Characteristics, Return and Risk Metrics
Timestamp: 03:10
Chapter 8: Private Credit
Timestamp: 09:45
Chapter 9: Investment in Real Estate
Timestamp: 07:01
Chapter 10: Direct Real Estate
Timestamp: 07:22
Chapter 11: Professional Manager
Timestamp: 07:43
Chapter 12: Life Sciences
Timestamp: 08:17
Chapter 13: Private Credit
Timestamp: 09:45
Chapter 14: Retirement Planning
Timestamp: 11:01
Chapter 15: Conclusion
Timestamp: 11:30
Notes:
Money Pig Podcast by Goodwin Investment Advisory, hosted by Reed Tree.
Justin Pitcock, certified financial planner professional, joins the show to discuss alternative investment options.
Traditional investments like stocks and bonds need additional diversification.
Interval Funds allow access to private real estate, private equity, or private debt for non-accredited investors with fewer investable assets.
Traditional mutual funds allow for daily buying and selling, while Interval Funds require investment for at least 12 months with an early redemption fee of 2%.
Private credit or debt is privately negotiated non-bank loans for companies, with historically about a 4% spread compared to bonds.
Investing in life sciences is another option for real estate investment.
This is a great complement to a traditional stock and bond portfolio, but remember to maintain enough liquid assets.
Financial advisors manage and rebalance portfolios, but the real value is understanding individual goals for planning. Goodwin Investment Advisory does not offer personal investment or tax advice through the Money Pig Podcast.
Action items:
From the transcript, here are some potential follow-ups and action items that could be of interest:
Follow-up with Justin Pitcock to learn more about alternative investment options such as private placement investment types, private real estate, private equity, or private debt.
Consider investing in an Interval Fund that allows access to alternative investments with quarterly liquidity and longer-term investment horizons.
Learn about the different ways to invest in real estate, such as direct real estate (buying a property and managing it yourself or with a professional manager) or investing in interval funds with real estate investments.
Consider adding private credit and private real estate as a complement to a portfolio of stocks and bonds.
Reach out to Goodwin Investment Advisory to learn more about investment strategies that work great for clients.
Work with a financial advisor to manage and rebalance portfolios and to plan for personal and unique financial goals.