FinanceReal Estate InvestmentsStock Investments

REITs vs Stocks daily update – Oct 15, 2021

The stock market rose today, closing out Friday positive. The banks recorded strong performance and retail sales reports rose 0.7% for the month of September. The rise of inflation and supply chain issues have not impacted retail spending concerns amongst the public. Across the 3 indexes, the Dow Jones increase 1.1% up 380 points, Nasdaq increases 0.5% and S&P500 rose 0.8% (article).

How this affects our $1000 investment in Wealthfront  – our Wealthfront stocks now have several days of positive gain after weeks of negative decline. This puts our investment above the initial investment of $1000, currently at $1008.34.  

Today’s outcome is Stocks win over REITs, while a small growth of 7 cents for Fundrise, Wealthfront had much stronger daily gain of $5.26 daily increase. Still, the running total balance of REITs is $1,123.19, which is a a substantial gap over stock market, $1008.34.

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: $1008.34 (Net returns to date: $8.34 gain)

Day change: $5.26 increase since yesterday (Oct 14, 2021) – $1003.08

Historical info: Invested $1000 on August 2, 2021

REITs – Fundrise

Today’s balance: $1,123.19 (Net returns to date: $123.19 gain)

Day change: $0.07 increase (7 cent increase for REITs) since yesterday (Oct 14, 2021) – $1,123.12

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

Wealthfront Funds snapshot:

In the fund breakdown, our US stocks now positive earnings rate @ 1.9% increase from 1.2%.  Dividend growth jumping up to 0.4% in a day at a 2.0% lifetime earnings, while Foreign developed stock as poorest performer at 3.3% and has not changed in the last month. Luckily most of our allocations are in US stocks at 64% making our lifetime earnings showing positive improvements.

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