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VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 12:09 AM   #1
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VGSIX (Vanguard REIT Index) really took a hit today

Down 3.65% on Monday. May have been the biggest drop for the years I have owned it.
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 12:29 AM   #2
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Re: VGSIX (Vanguard REIT Index) really took a hit today

Yeah my 401k took a huge hit today as well, and I'm heavily invested in REIT and Developing Markets.

Fortunately, I still strongly believe in REIT and DM long-term and don't expect to withdraw anything for several decades so losing several thousand dollars in a day (for the second time in the last week) doesn't bother me much.
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 01:53 AM   #3
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Re: VGSIX (Vanguard REIT Index) really took a hit today

The REIT drop of April 2004 was pretty nasty. The
worst days were :

-3.9% Apr 5 2004
-4.1% Apr 6 2004
-5.0% Apr 12 2004
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 07:43 AM   #4
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Re: VGSIX (Vanguard REIT Index) really took a hit today

Too late, it missed me. I moved most of my VG REIT into Target 2015 a couple of weeks ago. Taking the advice of people on this forum I saved the profit and some of the original investment. Y'all are so smart (sometimes). I still have a tad in VGSIX, but it can't kill me now if it went to zero.
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 12:25 PM   #5
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Re: VGSIX (Vanguard REIT Index) really took a hit today

Quote:
Originally Posted by CyclingInvestor
The REIT drop of April 2004 was pretty nasty. The
worst days were :

-3.9% Apr 5 2004
-4.1% Apr 6 2004
-5.0% Apr 12 2004
This didn't seem familiar... so I looked up when I first bought my initial VGSIX. It was right after this! Purely luck. I have no plans to reduce my small holding, still believe in the asset-class low correlation over time.
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 12:33 PM   #6
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Re: VGSIX (Vanguard REIT Index) really took a hit today

You didn't have to wait long for a recovery. Vanguard's REIT ETF is already up 3.5% today.

But with the low yield, I don't see this ending well.
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 06:03 PM   #7
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Re: VGSIX (Vanguard REIT Index) really took a hit today

Hmm, I was about to buy into this fund. Should I put my cash elsewhere? I currently have no REIT exposure and own no real estate. I won't be ready to purchase a home for probably two or three more years. Figured I'd dump 10% of my portfolio into this and slowly ween it down to 5% as I made more investments.

Thoughts?
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 06:08 PM   #8
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Re: VGSIX (Vanguard REIT Index) really took a hit today

Quote:
Originally Posted by wab
But with the low yield, I don't see this ending well.
Ding! Ding! Ding!
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Old 03-06-2007, 09:31 PM   #9
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Re: VGSIX (Vanguard REIT Index) really took a hit today

Interesting thread / timing ... I plan to put the miniumum in for VGSIX, and then DCA a bit each month. I believe in the asset class as well, but wouldn't be surprised if I buy in as it trends down.

I like real estate a great deal, but would prefer to hsve some of the benefits, with a bit less of the brain damage, and illiquidity ...
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