In this episode, we take on Listener Erik's request to analyze the TIAA Real Estate Account, QREARX, which we do using David Stein's Ten Questions to Master Investing:

1.  What is it?
2.  Is it an investment, a speculation, or a gamble?
3.  What is the upside?
4.  What is the downside?
5.  Who is on the other side of the trade?
6.  What is the investment vehicle?
7.  What does it take to be successful?
8.  Who is getting a cut?
9.  How does it impact your portfolio?
10.  Should you invest?

Additional Links:

QREARX Fact Sheet:  TIAA Real Estate Account Fact Sheet

QREARX FAQ:  REA FAQ 12.31.20 (tiaa.org)

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