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REITs vs Stocks daily update – Oct 20, 2021

The stock market jumps to a new all-time high with a 6th day of positive earnings (article).  Investor sentiment was boosted by higher than expected Q3 company earnings across the 3 indexes. Dow jones was up 0.4% for it’s all time high. Bitcoin also reported to be it’s highest at $66,000, also an all-time high for cryptocurrency.

How this affects our $1000 investment in Wealthfront  – our Wealthfront stocks continue to have positive gain following the stock market. This puts our investment above the initial investment of $1000, currently at $1022.52.  

Today’s outcome is Stocks win over REITs, although there was a solid 96 cent growth for Fundrise, Wealthfront had a higher daily gain of $5.66 daily increase. Still, the running total balance of REITs is $1,124.25, which is a a substantial gap over stock market, $1022.52.

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: $1022.52 (Net returns to date: $22.52 gain)

Day change: $5.66 increase since yesterday (Oct 19, 2021) – $1016.86

Historical info: Invested $1000 on August 2, 2021

REITs – Fundrise

Today’s balance: $1,124.25 (Net returns to date: $124.25 gain)

Day change: $0.96 increase (96 cent increase for REITs) since yesterday (Oct 19, 2021) –$1,123.29

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

Wealthfront Funds snapshot:

US stocks are at it’s highest with a 3.4% growth rate in lifetime earnings since we opened this Wealthfront account in late July. Most funds are we’re investing in are US stocks @ 64% allocation and Dividend Growth stocks @ 31% allocation. They’re both showing positive growth. Dividend growth jumping up to 3.6%.

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