REITs vs Stocks daily update – September, 1 2021
It’s a new month – and about 1 month since we put $1000 in both our Real Estate Investment Trust (REITs) and Wealthfront Stock market funds. The news along the stock market is worry but optimism on it not fading. The stock market is at its highest ever and when it’s at the top, people worry. People are starting to compare it to historical data, taking last September 2020 when things started to dip (article). Regardless, the stock market was exceptional today and that had a positive outcome on our Wealthfront stocks.
Stocks increased today $5.72 since yesterday, while REITs had small growth of 13 cents. Both Wealthfront stock and REITs had positive gains, but with the overall stock market gains, our Wealthfront Stock has now surpassed REITs by a few dollars, $1015.38 vs $1004.53. Stocks win over REITs today!
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: $1,015.38 (Net returns to date: $15.38 gains)
Day change: $5.72 increase since yesterday earnings – $1,009.66
Historical info: Invested $1000 on August 2, 2021
REITs – Fundrise
Today’s balance: $1004.53 (Net returns to date: $4.53 gain)
Day change: $0.13 (small growth) since Friday’s earnings ($1004.40)
Historical info: $1000 on July 27, 2021 (initial investment)
Wealthfront Funds snapshot:
All stocks have recovered and are increasing – US stocks on top, Foreign develop stocks now positive at 0.6%.