What are REITs?

A real estate investment trust (REIT) is a real estate company that offers common shares to the public. In this way, a REIT stock is similar to any other stock that represents ownership in an operating business. But a REIT has two unique features: its primary business is managing groups of income-producing properties and it [...]

October 2006 Net Worth Snapshot

October was another good month similar to September with a 6% increase in net worth. We crossed a new milestone as our net worth passed $40k for the first time!
It has been eight months since we passed the $30k mark back in February, and we also purchased a home in that time. Now [...]