FinanceReal Estate InvestmentsStock Investments

REITs vs Stocks daily update – Oct 14, 2021

The stock market soared today, with a very healthy and positive returns on investments all around. Many American financial companies reported strong earnings. This helped raised the 3 indexes, Dow Jones up 1.6% and S&P500 and Nasdaq up 1.7%. There were also reports of drops in jobless claims. These are all positive signs of recovery from the Pandemic.  (article).

How this affects our $1000 investment in Wealthfront  – our Wealthfront stocks finally had a significant gain and while it was below the initial investment of 1000 for the last few weeks, it’s currently at $1003.08.  

Today’s outcome is Stocks win over REITs, while a small growth of 3 cents for Fundrise, Wealthfront had a significant gain of $15.38 daily increase. Still, the running total balance of REITs is $1,123.08, which is a a substantial gap over stock market, $1003.08.

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: $1003.08 (Net returns to date: $3.08 gain)

Day change: $15.38 increase since yesterday (Oct 13, 2021) – $987.70

Historical info: Invested $1000 on August 2, 2021

REITs – Fundrise

Today’s balance: $1,123.12 (Net returns to date: $123.12 gain)

Day change: $0.03 decrease (1 cent decline for REITs) since last yesterday (Oct 13, 2021) – $1,123.09

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

Wealthfront Funds snapshot:

Our lifetime earnings are starting to show positive improvements in Wealthfront stocks: US stocks @ 1.2% increase.  Dividend growth jumping up to 1.6%, while Foreign developed stock as poorest performer at 3.3% and has not changed in the last month.

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