FinanceReal Estate InvestmentsStock Investments

REITs vs Stocks daily update – August 19, 2021

REITs win over Stocks again – the last few days have been turbulent for the US stock market, but it did stabilize a bit after two days of large declines. There are still concerns of the rising covid cases and how it will affect the global economic recovery. The bond-buy back program from the Fed is nearing the end and some speculate this will affect the economy.  People are still trying to work out what the delta variant will mean. (Article here) All this affects the overall stock market and our $1000 investment in Wealthfront.

TLDR; What’s this all about? I invested $1000 in both REITs (Real Estate Investment Trust) and the Stock Market, and now it’s a challenge to seeing which one will perform better in the next 5 years. You can read the start here.

Here’s the numbers today:

Stock Investment – Wealthfront

Today’s balance: $982.12 (Net returns to date: $17.88 loss)

Day change: $4.84 decrease since yesterday – $986.96. This is the 3rd day in losses for this fund.

Historical info: Invested $1000 on August 2, 2021

REITs – Fundrise

Today’s balance: $1002.99 (Net returns to date: $2.99 gain)

Day change: $0.05 (Small growth) since yesterday ($1002.94)

Historical info: $1000 on July 27, 2021 (initial investment)

A 5 cent growth in REITS vs a yet another huge loss in stocks, we lost $4.84 in one day bring us a net loss of $17.88. That’s digging into our initial $1000 investment. 

A deeper look in the table below shows that all stocks have fallen, US stocks a bit less than Foreign developed stocks and Emerging stocks.

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