FinanceReal Estate InvestmentsStock Investments

REITs vs Stocks daily update – Oct 8, 2021

The stock market closed today in the red, but still ended the week in the positive. After concerns over the debt ceiling has worn off for now, the latest event is the published September monthly job reports from the labor market. There were less jobs created than expected and unemployment is still high which has caused small dips in the market today (article).

How this affects our $1000 investment in Wealthfront  – our Wealthfront stocks were starting to recover, but dropped a bit today and still below our initial investment of 1000, currently at $992.06.  

Today’s outcome is REITs win over Stocks today, with a small 3 cent growth in Fundrise, but daily decrease of 1,66 from Wealthfront. Still, the running total balance of REITs is $1,122.92, which is a a substantial gap over stock market, $992.06.

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: $992.06 (Net returns to date: $7.94 losses)

Day change: $1.66 decrease since yesterday (Oct 7, 2021) – $993.72

Historical info: Invested $1000 on August 2, 2021

REITs – Fundrise

Today’s balance: $1,122.92 (Net returns to date: $122.92 gain)

Day change: $0.03 increase (3 cent growth for REITs) since yesterday (Oct 7, 2021) –  $1,121.89

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

Wealthfront Funds snapshot:

Lifetime earnings are still slightly negative growth for Wealthfront stocks for US stocks. Dividend growth stocks seems to be positive at 0.8%. Foreign developed stock as poorest performer at 3.3%.

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