Picking up Nickels

Tuesday, December 12, 2006

December 2006 Financial Asset Roundup

Here are my current financial assets as of the market close on December 11th, 2006:

Asset Nov 2006 Dec 2006 Change
Checking 602 366 -236
Money Market 23,295 25,462 2,167
Savings Bonds 14,172 11,972 -2,200
Treasury Bills 19,000 20,000 1,000
CDs 40,237 40,380 143
Brokerage 88,326 88,733 407
401k 91,799 95,120 3,321
Roth IRA 26,363 26,509 146
SEP IRA 146,603 153,134 6,531
529 Savings 29,886 30,967 1,081
Total Assets $480,283 $492,643 +$12,360 (2.6%)


The strong stock market once again gave my investments a nice boost over the past month and I have continued rotating my cash holdings out of I Bonds and maturing T-Bills and into my HSBC online savings account. I also bought another 28 day T-Bill on November 16th (5.37% APY) since yields peaked a bit last month.

I added an $3,000 contribution for the 2006 tax year to my SEP IRA since my last update, which accounted for half of my SEP IRA gain this month. I have funded about 80% of my 2006 SEP IRA contributions so far, and will be fully funded before I file my 2006 corporate tax return.

I am also within striking distance of my 6 month financial goal of getting my financial assets over the $500,000 level. If Mr. Market can accommodate me, I may get there one month from now!

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