3 ms·
I'm not following how Realtyshares/Fundrise/Realtymogul would have faired better in 2008 than traditional REITs. Yes, VGSIX dropped to a third of its original
by jklein11 9y ago
I'm not following how Realtyshares/Fundrise/Realtymogul would have faired better in 2008 than traditional REITs.
Yes, VGSIX dropped to a third of its original value in six months in 2008. But, those same shares have increased 40% in the past 10 years.
If you had used a vehicle like Realtyshares/Fundrise/Realtymogul there is a good chance that the specific property you invested in would have gone belly up. Your investment today would be zero.
The diversification that a product like VGSIX provides insulates you from the specific risk of an individual investment.
- sharemywin 9y agosomeone mentioned selling and forclosure. so if they get the property and/or it sells for 80%at foreclosure and the group only paid 75% then you probably break even assuming fees.