FinanceReal Estate InvestmentsStock Investments

REITs vs Stocks daily update – September 22, 2021

Stocks had great gains today as the Federal Reserve decided on their latest monetary policy decision bringing confidence back to the stock market (article). The Fed laid out a plan to bring up interest rates, currently at near zero, if the economy continues it’s growth and recovery post-pandemic. See rate increases 6 or 7 times up by 2024. This would be a slower and gradual increase starting in 2022 (article).

How this affects our $1000 investment in Wealthfront  – our Wealthfront stocks are still below our initial investment at $986.33, but had an $4.72 daily increase. Stocks win over REITs today since there was no growth in REITs, but overall, the running total balance of $1007.56, still much higher than stocks.

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: $986.33 (Net returns to date: $13.67 losses)

Day change: $4.72 increase since yesterday – $981.61

Historical info: Invested $1000 on August 2, 2021

REITs – Fundrise

Today’s balance: $1007.56 (Net returns to date: $7.56 gain)

Day change: $0.00 (no growth for REITs today) since yesterday – $1007.56

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

Wealthfront Funds snapshot:

All lifetime earnings all of these funds are down. US stocks representing a 0%  decrease overall from a 0.7% decrease overall and Foreign developed stocks showing a 3.3% decrease overall. These are better since today was positive for the stock market, but our funds still haven’t recovered from the September losses.

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