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REITs vs Stocks daily update – September 30, 2021

Stock market ends the month of September in the red and is the worst month of the year across all three indexes, S&P 500, Nasdaq, and Dow (article) with high inflation staying around. Most people say it is to be expected after a 15-month bull run that a 5% pull back was bound to happen. Forecasters don’t have high hopes for the month of October which the government debt ceiling conversations and government default worries over in Washington (article). The 10-year treasury yield increased above 1.567% earlier this week and is said to have affected tech stocks (article). For now, the government shutdown has been averted as well, a deadline of this Thursday evening was initially causing some concern, but now there are conversations on how to push the 1 trillion dollar infrastructure bill and 3.5 trillion dollar reconciliation bill that Biden desires to push (article).

How this affects our $1000 investment in Wealthfront  – our Wealthfront stocks are now well below our initial investment of 1000, currently at $973.09. REITs win over Stocks today, despite a small 29 cent increase since last week, the running total balance of $1008.03, which is a much larger gap from our 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: $973.09 (Net returns to date: $26.91 losses)

Day change: $26.16 decrease since last week on Sept 24, 2021 – $999.25

Historical info: Invested $1000 on August 2, 2021

REITs – Fundrise

Today’s balance: $1008.03 (Net returns to date: $8.03 gain)

Day change: $0.29 (29 cent growth for REITs) since last week on Sept 24, 2021 – $1007.74

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

Wealthfront Funds snapshot:

Our lifetime earnings across the board have fallen to new lows as much as 3.3%.

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