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VGSIX (Vanguard REIT Index) really took a hit today
03-05-2007, 11:09 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Feb 2003
Posts: 2,395
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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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-- Telly, the D-I-Y guy --
Two fools dancing on the hands of time
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Re: VGSIX (Vanguard REIT Index) really took a hit today
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03-05-2007, 11:29 PM
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#2
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Full time employment: Posting here.
Join Date: Dec 2006
Posts: 509
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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
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03-06-2007, 12:53 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,708
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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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learn, work, save, invest, fire
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Re: VGSIX (Vanguard REIT Index) really took a hit today
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03-06-2007, 06:43 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Jan 2005
Location: DFW
Posts: 2,016
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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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Resist much. Obey Little. . . . Ed Abbey
Disclaimer: My Posts are for my amusement only.
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Re: VGSIX (Vanguard REIT Index) really took a hit today
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03-06-2007, 11:25 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Feb 2003
Posts: 2,395
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Re: VGSIX (Vanguard REIT Index) really took a hit today
 Quote:
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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
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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.
__________________
-- Telly, the D-I-Y guy --
Two fools dancing on the hands of time
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Re: VGSIX (Vanguard REIT Index) really took a hit today
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03-06-2007, 11:33 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Dec 2003
Posts: 4,459
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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
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03-06-2007, 05:03 PM
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#7
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Recycles dryer sheets
Join Date: Jan 2006
Posts: 331
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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
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03-06-2007, 05:08 PM
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#8
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: VGSIX (Vanguard REIT Index) really took a hit today
Quote:
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Originally Posted by wab
But with the low yield, I don't see this ending well.
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Ding! Ding! Ding!
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Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: VGSIX (Vanguard REIT Index) really took a hit today
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03-06-2007, 08:31 PM
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#9
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Full time employment: Posting here.
Join Date: Dec 2004
Posts: 714
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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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