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{"id":14479,"date":"2020-10-23T19:35:57","date_gmt":"2020-10-23T19:35:57","guid":{"rendered":"https:\/\/businessecon.org\/?p=14479"},"modified":"2023-08-20T22:06:58","modified_gmt":"2023-08-20T22:06:58","slug":"purchased-192-123-shares-of-equity-residential","status":"publish","type":"post","link":"https:\/\/valueinvestingnow.com\/2020\/10\/purchased-192-123-shares-of-equity-residential","title":{"rendered":"Purchased 192.123 Shares of Equity Residential"},"content":{"rendered":"

Purchased 192.123 Shares of Equity Residential<\/span><\/strong><\/h1>\n

This post is to record the value investing fund’s purchase of 192.12296 shares of Equity Residential<\/span><\/strong><\/a>, a real estate investment trust (REIT) for the value investment portfolio.\u00a0<\/span><\/p>\n

As a result of my ‘Lessons Learned<\/span><\/strong><\/a>‘ article that will be completed and posted this week, I had to broaden my portfolio and include a counter cyclical portfolio of investments. Therefore, after conducting some research, I have decided to invest in REIT’s. They have similar long-lived assets as railroads and have steady growth. All of this is explained in my forthcoming article<\/span><\/strong><\/a> about REIT’s.<\/span><\/p>\n

Anyway, it is 192.12296 shares @$51.05 plus $1 per share for the transaction cost. Total investment is $10,000.<\/span><\/p>\n

Time stamp: 03:15 PM 10\/23\/2020.<\/span><\/p>\n

I’ll post additional information later; I just wanted to get this posted so there is a date stamp of my activity. <\/span>Thanks and Act on Knowledge.<\/strong><\/span><\/p>\n