How to Evaluate a Potential REIT Investment: Evaluating Essex Property Trust, Inc. (ESS)

Obviously REIT evaluation, like stock evaluation generally, is complex. There is really no end to the amount of data you can consider, analysis you can do, and so forth. Suffice it to say that I’m not going to be able to accurately or adequately sum up the entire process of REIT evaluation in a singleContinue reading “How to Evaluate a Potential REIT Investment: Evaluating Essex Property Trust, Inc. (ESS)”

What About Passively Managed REIT Funds?

In the short history of this young-but-venerable REIT blog, I have already expressed a few positions that form the cornerstones of my investing philosophy: (1.) REITs are pretty great. (2.) Diversification is pretty great. (3.) Index funds are pretty great. So it would stand to reason, then, that I must love passively managed, low-cost REITContinue reading “What About Passively Managed REIT Funds?”

On Diversification and Home Ownership

In a previous post, I wrote that I like investing in REITs because it gives me more exposure to real estate (i.e., more diversification) than I’d get from buying index funds alone. (Recall that the typical market-capitalization-weighted S&P 500 index fund is going to be about 3% REITs.)* I think that real estate is aContinue reading “On Diversification and Home Ownership”

Why Not Just Buy Index Funds?

For any reasonably aware investor, the first question for the REIT Dude would be “Why bother with any of this?  Why not just invest in a low-cost S&P 500 index fund like SPY or, even better, a low cost total-market index fund like VTI/VTSAX?  Why, You the Hypothetical Discerning Investor (“YTHDI”) might ask, should youContinue reading “Why Not Just Buy Index Funds?”

Why This Blog Exists

Who am I? I am a litigator in my early 30s from California. I don’t have an MBA, I’ve never worked on Wall Street, and the closest I’ve come to starting a hedge fund is getting together some funds to buy a hedge in the Home Depot garden department. I am, in short, an amateur,Continue reading “Why This Blog Exists”