What Happened With My $1,000 Fundrise Investment (3 Years Later)

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 171

  • @obrienortega6942
    @obrienortega6942 3 роки тому +12

    Fundrise is a blessing. Kudos to them for allowing us to invest in real estate in a convenient way.

  • @jordanthompson5484
    @jordanthompson5484 2 роки тому +2

    They now got a starter plan that can be opened up with literally $10. Its a no brainer

  • @ruthalsbrooks7913
    @ruthalsbrooks7913 2 роки тому +13

    I love these explanations of the investment. I understand all you said. My issue is as you said my interest is what did you put in and how much money you made( not the percentages). After ten minutes my attention shut off of all of everything else. I would have listened more if I got the bases of how much you made right off first thing.

  • @victor_centeno
    @victor_centeno 3 роки тому +17

    This was my very 1st investment, in 2018 as well, and so far, according to Fundrise my return has been 7.1% all time, but by dividing my net contributions vs my net gains it gives me a 12.3%. I am happy with that. I started Investing here due to your videos about ideas of where to invest. Thanks a lot Jeff.

    • @wealthhacker
      @wealthhacker  3 роки тому +1

      Awesome! Glad you took action and made some profits

    • @torontotom3168
      @torontotom3168 2 роки тому

      I'm looking for someone who has actually cashed out anyone have any suggestions for videos of people that got in when it started and they cashed out after 5 years

  • @thehoopscoop
    @thehoopscoop 3 роки тому +9

    Been using ground floor for years and love their model. Definitely recommend if you want to get into 12 month first lien real estate notes. Average returns are 10% and minimum investment size is $10/loan. Really nice.
    Disclaimer: I do own 300 shares of ground floor common stock.

  • @insidedianeslife2456
    @insidedianeslife2456 3 роки тому +3

    Thank you for the update. I did not join when you first mentioned it, but now I am looking back into it. It was good to see the numbers. I think it would be a good extra stream of income. Thanks

  • @terrintv9779
    @terrintv9779 2 роки тому +1

    Another great video Jeff. I needed this because stocks and Bitcoin are sucking right now and I don’t want to loose anymore money. I’m going to increase my deposits into my Fundrise account.

  • @mrderek800
    @mrderek800 3 роки тому +4

    I would definitely love to see a comparison video between Fundrise & its competitors that offer similar investment platforms. Realty Mogul, etc. Thanks.

  • @danicegewiss862
    @danicegewiss862 2 роки тому

    I believe my three year anniversary is coming up. I invested more, but not as much as you did. I'll catch up soon enough. I'm very happy with it.

  • @lorinal5544
    @lorinal5544 2 роки тому +1

    Wow! Nice! Its day 1 for me. Thank you for sharing.

  • @peteryeng
    @peteryeng 2 роки тому +1

    Thank you. I like the information you provide. I love your time stamp. I love the fact that you address the issues that count. I also appreciate the realistic numbers.

  • @2commajourney
    @2commajourney 3 роки тому +5

    so can you simplify , how much money have you deposited out of pocket and how much is it now up to date ? thank you

  • @zanedelgadillo9390
    @zanedelgadillo9390 2 роки тому +2

    Do you know how competitors compare to Fundrise? Not mutual funds or ETFs but actual competitors in the space? Thank you as always Jeff! I started my Roth and investing journey a few years back because of you.

  • @stelanie28
    @stelanie28 3 роки тому +4

    I love ground floor. Great for people who are on lower incomes or need baby steps into Fundrise. But I have been using for about 5 or 6 years. They don't tell us happy anniversary lol, but I use 5 sites similar to in and love. Rich Uncles shut down bc of Covid but ... keep moving forward and moved that money to the other sites.

    • @torontotom3168
      @torontotom3168 2 роки тому

      Have you cashed out any profits?

    • @stelanie28
      @stelanie28 2 роки тому

      @@torontotom3168 Unless I have to cash out I don't plan to until I am at retirement age. This year is actually 5 and from start to now it has expanded pretty nicely.

  • @imaginenirvana
    @imaginenirvana 2 роки тому

    Thank you so much for pointing out these facts and the advice, I know a lot of newbie investors such as myself appreciate it.

  • @wealthhacker
    @wealthhacker  3 роки тому +4

    Fundrise vs Bitcoin - Which one would you pick?
    ✅Open Fundrise account here: www.goodfinancialcents.com/go/fundrise/yt-H9Chmcjuo4w

  • @wespurcell3217
    @wespurcell3217 3 роки тому

    You Shred brother! Thanks so much for your time

  • @VegasBrent
    @VegasBrent 3 роки тому +3

    Awesome, always appreciate the Fundrise update! Thinking back, I believe I actually first subscribed to you back when I was doing research before I opened my Fundrise! They actually have a bunch different options of plan types too that open up at different funding levels too that offer even more variety than the base ones that already seem pretty diverse (including even K-1 funds), always interesting to see what else they have even though personally I have opted to stick with my original decision. Cool that you got in on one of the IPO offerings!

  • @queenlove3639
    @queenlove3639 3 роки тому

    Glad to see this video I am thinking about investing.

  • @larrypiper6188
    @larrypiper6188 3 роки тому +2

    It’s hard to believe 3 years have gone by. Jeff, you are as sharp as ever with a brilliant mind!! 👍🇺🇸👊 🙋🏻‍♂️ 🙂

  • @cb8663
    @cb8663 2 роки тому +1

    Overall I like Fundrise. What I don’t understand is that my account went down a few dollars but the app says I gained money since the last time I checked my account. 😆

  • @druhill2008
    @druhill2008 3 роки тому +4

    Do you choose your own REIT's or does fundrise choose them for you?

    • @mattsarff2793
      @mattsarff2793 3 роки тому

      Fundrise pools together money from investments to buy real estate projects. If you have a certain amount invested you can choose your strategy between dividends, long term growth, and one other (forgetting)

  • @miriamstrauss
    @miriamstrauss 3 роки тому +15

    *"If you really look closely, most overnight successes took a long time."*
    -- *Steve Jobs*

  • @povborja
    @povborja 8 місяців тому

    I have been with Fundrise for 4 years and I would NOT do it again. In fact, I'm looking to take my money out. Very low returns versus my other investments.

  • @moinvest7127
    @moinvest7127 3 роки тому

    I got a happy 2 year anniversary.

  • @cpaul57
    @cpaul57 2 роки тому

    Hey It's tiger woods talking about fundrise

  • @jroddd90
    @jroddd90 3 роки тому

    Awesome video Jeff! What tool are you using to compare returns from Fundrise to stocks/reits/cryptos? Thanks!

    • @wealthhacker
      @wealthhacker  3 роки тому

      I went to different websites to pull the returns.

  • @michaeltrask8345
    @michaeltrask8345 2 роки тому +1

    This is miguided. I'm familiar with fundrise you definitely deposited 7500.00 the graph return shows the small jumps are the quarterly dividends paid to you. If I were you I'd jump to 10,000 put it on the middle investment plan and deposit 20 weekly. Deposit any extra funds you have EXTRA of. Until you reach 380,000. Once reached you'll make 2,000 a week. Then link accrued interest to your bank and your all set. Long goal but reachable. Gotta avg 750 a month for 40 years orrrr. Every tax refund you get shreds the 40 years.

    • @starlyntejada9659
      @starlyntejada9659 2 роки тому

      Yea see like 3 big deposits.

    • @torontotom3168
      @torontotom3168 2 роки тому

      But it would take 190 years to get back $380,000 if you get $2000 per month so why is this good?
      Can you put in the $380,000 earn the $2000 per month and then take out the $380,000 when you want?

    • @michaeltrask8345
      @michaeltrask8345 2 роки тому

      @@torontotom3168 I'm confused by what you mean. Your not just gonna deposit 388,000 your portfolio will build up everything including what you do put in?

  • @rod1147
    @rod1147 2 роки тому

    If the housing market crashes, will the your invested value drop if you only have a Supplemental income setting or does a housing crash only affect the Long Term Growth setting?

  • @QueDiceDiosenlaBiblia
    @QueDiceDiosenlaBiblia 2 роки тому

    Hello greetings
    A question if I have been investing in Fundrise for 1 month
    How can I get the money?
    Where is that option? To remove

  • @produmpsterdiver5456
    @produmpsterdiver5456 3 роки тому +2

    First as always baby

  • @richardm893
    @richardm893 3 роки тому +3

    Why is everyone else claiming they are getting 12% a year?

    • @wealthhacker
      @wealthhacker  3 роки тому

      Probably because they haven't had their account open as long.

    • @richardm893
      @richardm893 3 роки тому

      @@wealthhacker hasnt been around that long.

  • @1lionyouth
    @1lionyouth 2 роки тому

    If I contribute money toward a building and something ridiculous happens like the building attacks a person what level of responsibility will I face?

  • @darcyrobinson8754
    @darcyrobinson8754 3 роки тому

    thank you

  • @myrelaxingchannel6026
    @myrelaxingchannel6026 3 роки тому

    what happens when its sold? is this a good time to invest?

  • @wnmck4813
    @wnmck4813 3 роки тому

    Hi is this open to all country ?

  • @74mykael
    @74mykael 3 роки тому +1

    Great video on fundrise, wanted to open an account but wasn't sure how it works , can you set up automatic payments on the site or you have to deposit on your own?

  • @StopStrugglingNow
    @StopStrugglingNow 3 роки тому +3

    Interesting 8%-11% locked up is considered. Could of just had funds in index fund, dividend stocks, crypto, etc. Not to mention I love how fundrise parlayed other people's money into leverage to receive 100 million dollar loans from banks.

    • @carlosdeharo4023
      @carlosdeharo4023 3 роки тому +2

      I think the point of investing in fundrise is to diversify your portfolio. Especially since they are not a part of the market like index funds and dividend stocks.

    • @StopStrugglingNow
      @StopStrugglingNow 3 роки тому +1

      @@carlosdeharo4023 Can I ask you something what do you mean by diversify exactly? You can invest in dividend stocks that give you the same return, index funds, same return, interest on crypto, same return, all that I mentioned are all liquid as well and not locked up. Your money doesn't know where it is earning money. You know when you try to withdraw or use the money. Fundrise is no different than hedge fund, mutual fund or any fund people put their money into for a return in my opinion. What I'm really saying is. If you receive 8%-11%, you can do that anyways. The real question is, after the 150k people who invested in fundrise, still receive anything for the other projects they will buy or create from being able to get massive loans to buy other projects the 150k didn't invest in?

    • @carlosdeharo4023
      @carlosdeharo4023 3 роки тому +2

      Diversify out of the stock market

    • @StopStrugglingNow
      @StopStrugglingNow 3 роки тому

      @@carlosdeharo4023 Fundraiser is similar to a reit. If you want 8%-10% and no access to your funds, that is sunrise. If you want 8-10% then any index fund, dividend stock that pays 8% or higher and still liquid. If you want appreciation without access to funds, then buy gold and silver. Or buy crypto and earn 10%-13% on stable coins and still be liquid. Inflation by the way is higher than 10% just fyi.

    • @StopStrugglingNow
      @StopStrugglingNow 3 роки тому +1

      @@carlosdeharo4023 I will say I understand your point about not being in the market. You have sacrificed 4x to 5x annually over last 5yrs for instance. This is also why investing is fun to discuss cause its all a risk. If you receive 9% buy could of received 40% or 50% on your money does it matter where it sits? I actually looked at Fundrise, 10k invested in 2015 is about 16.5k in 2021. Now no idea if adjusted for fees. 12%/yr which isn't their average. However compounded from previous years earnings could do this. VTI from 2015 to present you would of doubled your money. Huge difference. VOO as well, Ark Funds as well, to many options. Money doesn't know where its sitting. However not being in the stock market meant lower returns unless you were in crypto.

  • @thefinancelad
    @thefinancelad 2 роки тому

    Do know of any investment platforms that accept investments internationally?

  • @parulu289
    @parulu289 3 роки тому +3

    DONT INVEST WITH FUNDRISE. low returns less than 5% after fees and penalties when you withdraw.
    They charged me a 15% withdrawal fee.
    Dont put your money with fundrise. Buy stocks or crypto somewhere else.

    • @What-t8n
      @What-t8n 3 роки тому +3

      I don't know about you, but I am still above 7% even after the fees. Duh, the contra states a penalty. However, that is your fault for not reading, sorry. Fundrise is for long term investment. For I, it made a lot of appreciation and dividends. After a couple years I will be able to take $300 investment without attacking the growth.

    • @torontotom3168
      @torontotom3168 2 роки тому

      @@What-t8n so if I start investing in this I can have quarterly returns or yearly? How does it work? Thanks for your time

    • @What-t8n
      @What-t8n 2 роки тому

      @@torontotom3168 the diviswnt you will see each day, on a daily base. The appreciation is quarterly.

  • @charleshawj1036
    @charleshawj1036 3 роки тому +2

    Not bad.. I’m just worried about the withdrawing process when the time come..

  • @Intentionaltia
    @Intentionaltia 2 роки тому

    They don’t have $500 anymore. It’s either $10 with not much features, next $1,000, $5,000, $10k and $100k.

  • @tatyanak3338
    @tatyanak3338 3 роки тому +8

    My returns were 11percent for last 5 years.

    • @wealthhacker
      @wealthhacker  3 роки тому

      boom!

    • @Luvmygrands10
      @Luvmygrands10 3 роки тому +1

      My returns were 8.5% last 2 1/2 half years

    • @goodguyjustin1082
      @goodguyjustin1082 3 роки тому

      What funds and plans were u in?

    • @torchy187
      @torchy187 3 роки тому

      Great video. Diversify. Fundrise, Growth and Income ETFs, Crypto, Yieldstreet, Cash, own your home, etc

    • @torontotom3168
      @torontotom3168 2 роки тому

      So you get paid quarterly from your investment or what options do you have for that?

  • @luckgeorge418
    @luckgeorge418 3 роки тому +8

    Bitcoin is the future investing in it now is the wisest thing to do now especially the current rise

    • @davidmark1666
      @davidmark1666 3 роки тому

      Despite all the economic crisis this is the right time to start up an investment

    • @soniajeneth3551
      @soniajeneth3551 3 роки тому

      Stocks are good but crypto is more profitable

    • @bookyrose490
      @bookyrose490 3 роки тому

      I wanted to trade crypto but got confused by the fluctuations in price

    • @michaelmaki6366
      @michaelmaki6366 3 роки тому

      I heard that his strategies are really good
      Yeah

    • @peterwillam8140
      @peterwillam8140 3 роки тому

      My first Investment with Mr john earned me profits of over $24,320 US dollars and ever since then he has Been delivering

  • @briancote8892
    @briancote8892 3 роки тому +1

    Jeff, great overview of Fundrise. I started with them in mid-2016 with a similar portfolio as yours. I noticed that my returns (%) were a bit higher, although can't explain why. I would love to see you do a video on their iPO. I jumped in on the initial offering in 2017, and it has performed well, and I'll be happy when there is a market for these shares.

    • @wealthhacker
      @wealthhacker  3 роки тому

      Yes sir! I need to do some more research on it. I jumped on it rather quickly and haven't really looked at it since.

    • @briancote8892
      @briancote8892 3 роки тому +1

      @@wealthhacker The good news is, using the numbers from Fundrise, is that the value of the initial shares have doubled. Note a bad return in 4 years. Of course the challenge is there is no market for these shares today. This is a long term ride.

    • @torontotom3168
      @torontotom3168 2 роки тому

      Have you cashed any money out? Since you have been with fundraise so long have you taken any money out as profit?

  • @mitchelmarty7361
    @mitchelmarty7361 3 роки тому +1

    Can you do one on amc

  • @valeriegarcia8678
    @valeriegarcia8678 3 роки тому +6

    We should be careful on money usage,if you are not spending to earn back,then stop spending.

    • @miafeldman9986
      @miafeldman9986 3 роки тому

      I do real estate,stock market ,forest trade and cryptosystem.

    • @katiejames3712
      @katiejames3712 3 роки тому

      I invested $ 4500 and he helped me made a profit of $ 15000 in just 15 day interval

    • @alexdaniel6426
      @alexdaniel6426 3 роки тому

      I still don't know how Mr Charles Jones got this knowledge,that he's sharing that is changing peoples life, Mr Charles Jones is a genius and am happy with a daily profit of $100 since I started trading with him.

  • @tarahill4144
    @tarahill4144 2 роки тому

    I feel like the title of this video “$1000 in 3 years” match the actual investment… it was misleading …however, it’s great information.

    • @wealthhacker
      @wealthhacker  2 роки тому

      Sorry you feel this way. And thanks for watching!

  • @stanleygreen9073
    @stanleygreen9073 3 роки тому

    Both

  • @derekmcdonald2168
    @derekmcdonald2168 3 роки тому +1

    Jeff just got an email today for a minimum $10 investment account!

  • @tinacamara8334
    @tinacamara8334 3 роки тому +1

    You can start with $10

  • @dianemarra8718
    @dianemarra8718 3 роки тому +5

    Cost basis $8475, value $9008, avg return 8.1% /year…… makes no sense, $533 return doesn’t equal 8.1% ……. Please explain

    • @wealthhacker
      @wealthhacker  3 роки тому +4

      If you buy a stock for say $100 and it pays a 10% dividend. After 1 year you would have $110 in stock provided you reinvested the dividends (also assuming the stock price is exactly the same here).
      You return is 10% but your new cost basis going forward is $110.
      Cost basis includes your original investment + dividends or capital gains you received that is reinvested.
      Make sense?

    • @dianemarra8718
      @dianemarra8718 3 роки тому +1

      @@wealthhacker so then , what is the “original” cost basis?

    • @dianemarra8718
      @dianemarra8718 3 роки тому +1

      And thank for replying- most don’t

    • @johnhill8246
      @johnhill8246 3 роки тому +5

      @@dianemarra8718 I believe "original cost basis" would be the amount of money that was put in when he first opened the account. Something like $1000 dollars I believe. Overtime he added more money which changes is "cost basis" each time. Including when dividends goes back into his account. I hope this is correct and makes sense if it is correct.

  • @cryptotrash6124
    @cryptotrash6124 3 роки тому

    I love fundrise. Not sure what this dude is doing wrong to only get 8% returns. It's better than that.

  • @azizaziz7007
    @azizaziz7007 3 роки тому +2

    i wish he was more precise as to how much he made. Seems like he didn't know either.

  • @axecapital1
    @axecapital1 2 роки тому

    So 8% in couple of years?crazy low …

  • @jenniferwise8515
    @jenniferwise8515 3 роки тому

    I have done MUCH better with prosper loans and stocks than 8% Fundrise. The good part is passive but I make more than that elsewhere without tying up funds.

    • @wealthhacker
      @wealthhacker  3 роки тому +1

      Prosper did good for me but when I moved to TN I wasn't able to buy any more notes :(

  • @mmckeeha
    @mmckeeha 3 роки тому

    I would like to see a video on the do's and don't's on actually approaching someone to invest. As someone who does invest, what things would turn you off if someone came to you with an opportunity.
    I am finishing up a business plan and will be looking for local investors so want to know what to avoid.

  • @langekevor
    @langekevor 3 роки тому

    Do you know how to Withdraw the money after?

    • @lamarmc
      @lamarmc 2 роки тому

      Did you figure out how to withdraw?

  • @Quincyq15
    @Quincyq15 3 роки тому

    Diversy no fees

    • @wealthhacker
      @wealthhacker  3 роки тому +3

      there's no such thing as "no fees"

  • @raheemochmadia2621
    @raheemochmadia2621 3 роки тому

    It’s under Starter

  • @CM-xr9oq
    @CM-xr9oq 3 роки тому

    21:03 you can go see it, but how can you confirm that it's ACTUALLY one of their properties? They could simply falsely claim that it's one of theirs.

  • @Victoria-ji8hk
    @Victoria-ji8hk 3 роки тому +2

    Mrs Jessica is legit and her method works like magic I keep earning every single week with her new strategy

    • @QLNcoaching
      @QLNcoaching 3 роки тому

      Message me and I will save you a lot of money I have been scammed so many times

    • @valentinewai4638
      @valentinewai4638 2 роки тому

      Yes good for Mrs Jessica

  • @fatherofallnations8465
    @fatherofallnations8465 3 роки тому +1

    1st comment

  • @TheIslandstyle11
    @TheIslandstyle11 3 роки тому

    So u clickbaited us with that 1K.

  • @gabenmons
    @gabenmons 3 роки тому

    Did you get a bonus from Fundrise for this video ?

    • @wealthhacker
      @wealthhacker  2 роки тому

      Bonus! I wish. I am an affiliate of theirs and have been for several years.

  • @braziliancraft5481
    @braziliancraft5481 3 роки тому

    Bla bla bla seriously just tell me how much money you made for fuck sake 😒