July 2016 Financial Asset Roundup
Here are my current financial assets as of the market close on July 11th, 2016:
| || || |
| || ||2.16%|
The S&P 500 hit an all time high of 2,137.16 yesterday, rising 1.96% since the last update:
(chart courtesy of yahoo.com)
On the jobs front, the unemployment rate for June rose to 4.9% from 4.7%. Despite the rise, there was a big boost in hiring with 287,000 new jobs created. Oil prices have eased slightly to the $46 level (down from $48), with local gasoline prices continuing to remain relatively flat.
On the financial front, my asset level has once again reached a new all time high for the third month in a row, eclipsing the previous high from last month. I do have some cash on hand and could use that dry powder if an interesting opportunity pops up, but I'm not expecting much in the current interest rate environment.
On the non-financial front, the young Frugalsons ended their school year and have spent plenty of time recuperating from their academic endeavors. Mrs. Frugalson has also been toying with the idea of building a new deck around the pool, but there is currently no movement on that front.