Purchased 192.123 Shares of Equity Residential

This post is to record the value investing fund’s purchase of 192.12296 shares of Equity Residential, a real estate investment trust (REIT), for the value investment portfolio. 

As a result of my ‘Lessons Learned‘ article that will be completed and posted this week, the facilitator had to broaden the portfolio and include a counter-cyclical portfolio of investments. Therefore, after conducting some research, it was decided to invest in REITs. They have similar long-lived assets to railroads and have steady growth. All of this is explained in the forthcoming article about REITs.

Anyway, it is 192.12296 shares @$51.05 plus $1 per share for the transaction cost. Total investment is $10,000.

Time stamp: 03:15 PM 10/23/2020.

Additional information will be posted later; the facilitator just wanted to get this posted so there is a date stamp of activity. Act on Knowledge.