What a great recovery for the stock market – reporting the highest gains for Nasdaq and S&P500 (article). This has improved our $1000 stock investment in Wealthfront now bringing us back over our initial investment. For REITS vs Stocks today, REITs still win, but Stocks are gaining. See more info below…
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: $1,002.48 (Net returns to date: $2.48 gains)
Day change: $5.65 increase since yesterday – $996.83. This was a strong day for the stock market, one of the highest increases.
Historical info: Invested $1000 on August 2, 2021
REITs – Fundrise
Today’s balance: $1004.14 (Net returns to date: $4.14 gain)
Day change: $0.09 (Small growth) since yesterday ($1004.05)
Historical info: $1000 on July 27, 2021 (initial investment)
Stocks increased $5.65 since yesterday, so we’re now at $1002.48. REITs have another small growth, this time at 9 cents, so it ends at $1004.14. REITs win again today, but we’ll have to see tomorrow as the stock market has been doing well.
Another snapshot below of our specific Wealthfront funds – US stocks and Dividend growth steps seen to be the high performers with 1.5% daily increase for US stocks.