August 2006 Financial Asset Roundup
Let's start with an overview of my current financial assets as of the market close on August 9th, 2006:
I don't have a concrete savings target at the moment. My main focus is maximizing SEP IRA and Roth IRA contributions as well as contributing to Section 529 college savings plans for the kiddies. I have also been building a cash position in Treasury Bills lately, which have given a nice rate of return with interest that is local and state tax free.
Asset | August 2006 Balance |
Checking | 159.95 |
Money Market | 54,283.22 |
Savings Bonds | 16,761.12 |
Treasury Bills | 26,000.00 |
Brokerage | 80,921.98 |
401k | 84,871.87 |
Roth IRA | 24,605.98 |
SEP IRA | 125,549.46 |
529 College Savings | 26,809.64 |
Total Assets | $439,963.22 |
I don't have a concrete savings target at the moment. My main focus is maximizing SEP IRA and Roth IRA contributions as well as contributing to Section 529 college savings plans for the kiddies. I have also been building a cash position in Treasury Bills lately, which have given a nice rate of return with interest that is local and state tax free.
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