January 2007 Financial Asset Roundup

Here are my current financial assets as of the market close on January 10th, 2007:

Asset	Dec 2006	Jan 2007	Change
Checking	366	514	148
Money Market	25,462	28,184	2,722
Savings Bonds	11,972	4,461	-7,511
Treasury Bills	20,000	7,000	-13,000
CDs	40,380	56,629	16,249
Brokerage	88,051	88,777	726
401k	94,943	94,408	-535
Roth IRA	26,470	31,172	4,702
SEP IRA	152,935	152,753	-182
529 Savings	30,906	31,420	514
Total Assets	$491,485	$495,318	+$3,833 (0.8%)

The strong stock market gains have tapered off a bit over the last month, but I still managed a nice gain over the past month. I finally finished my rotation out of I Bonds, and added that cash along with the proceeds from maturing T-Bills into my HSBC online savings account and 6.25% APY Penfed CDs.

I added a $4,000 contribution for the 2007 tax year to my Roth IRA since my last update, and I still have to fund the final 20% of my 2006 SEP IRA contribution so I will be fully funded before I file my 2006 corporate tax return. I am also planning on funding Mrs. Frugalson's 2007 Roth IRA contribution in Q1 2007.

Finally, the march toward my 6 month financial goal of getting my financial assets over the $500,000 level is really getting close. Even if the stock market stays flat for the next month, I may be able to get there in February if I can make my final 2006 SEP IRA contribution by then!