Business Guidance and Knowledge for the Small Business Entrepreneur
At close of business today, 10/26/2020, the REIT pool of the value investment fund purchased 606.9803 shares of UDR, Inc., United Dominion Realty Trust, at $32.95/Each including transaction fees of $1 per share.
A primary tenet of good business management is to constantly and consistently evaluate outcomes of decisions made; make adjustments and reevaluate the new results. This pattern continues indefinitely as conditions and criteria are constantly changing in our business environment.
To cover my position with the PUTs I sold on Union Pacific, I decided to buy a stock that is currently dirt cheap. Equity Residential is currently at its three year low at $51.31. Including transaction fees, I’m paying $52.31 per share and purchased $20,000 worth of Equity Residential. Look at this graph: In effect, …
Today, I sold 59 PUT options for Union Pacific with a strike price of $170.00 with a final date of February 19, 2021. I’m simply selling insurance that if the stock price drops to $170 per share, I will have to buy them from the owner of the puts. Today, the PUT for $170 is …
A second purchased made at close of business yesterday is 48.9644 shares of Essex Property Trust, another REIT investment. The total cost per share including transaction fees is $204.23 per share (closing price is $203.23). Total investment in Essex is $10,000. Cumulative total investment in the Value Investment Fund is $20,000 as of 10/23/2020. I …
Purchased 48.9644 Shares of Essex Property Trust Read More »
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, I had to broaden my portfolio and include a counter cyclical portfolio …
On October 22, 2019 the Dow Jones Industrial Average was 26,823 (market opening). Today, October 18, 2020 the Dow Jones Industrial Average is 28,607. The DOW improved 6.65% in the course of one year (technically 361 days). On October 22, 2019, I started out with $10,000 in a value investing based railroad fund. Today, the …
Value Investing CRUSHES the Dow Jones Industrial Average by 353%! Read More »
On 09/14/2020, Norfolk Southern’s price hit $220.13 at opening. I set my sell point via an automatic sell at $219.88 and thus the shares automatically sold at $220.13. After paying a $1 per share fee, the railroad fund that I write about on this site generated $10,750.65. My cost basis in them was exactly $10,000 …
Sold 49.060606 Shares of Norfolk Southern Railroad for a 14.97% Annual Gain Read More »
