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REITs vs Stocks daily update – Oct 5, 2021

The stock market jumped back up today recouping from yesterdays losses. Nasdaq rated up 1.3% and the technology stocks moved up as well. There are lingering concerns on the economy and the ongoing debate about the debt ceiling in Washington (article).

How this affects our $1000 investment in Wealthfront  – our Wealthfront stocks are still below our initial investment of 1000, currently at $982.76.  Although it improved a few dollars from yesterday, it’s still down from the bad month in September.

Today’s outcome is REITs win over Stocks, with a $1.00 growth in Fundrise and a $6.16 decline for Wealthfront. The running total balance of REITs is $1,122.86, which is a a substantial gap over stock market, $982.76.

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: $982.76 (Net returns to date: $17.24 losses)

Day change: $6.16 increase since yesterday (Oct 4, 2021) – $974.60

Historical info: Invested $1000 on August 2, 2021

REITs – Fundrise

Today’s balance: $1,122.86 (Net returns to date: $122.86 gain)

Day change: $1.00 increase for REITs since yesterday (Oct 4, 2021) –  $1,121.86

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

Wealthfront Funds snapshot:

Unfortunately, lifetime earnings are still in the negative for Wealthfront stocks with Foreign developed stock as poorest performer at 3.3%. US stocks inch in a better direction, going from 2.1% to now 1.2%.

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