REITs vs Stocks daily update – August 6, 2021
TLDR; I put $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. Below is today’s daily update….
Stock Investment – Wealthfront
Today’s balance: $999.42 (Net returns to date: -$0.58 loss)
Day change: -$1.13 decline (-0.06%) since yesterday ($1000.55)
Historical info: Invested $1000 on August 2, 2021
REITs – Fundrise
Today’s balance: $1001.45 (Net returns to date: $1.45 gain)
Day change: $0.00 (No growth) since yesterday ($1001.45)
Historical info: $1000 on July 27, 2021 (15 days since initial since initial investment
Comments: The stocks closed today with a slight dip. Stocks dropped below $1000. Meanwhile, REITs continue its steady growth. Real Estate wins over Stock today.
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