January 2007 Financial Asset Roundup
|Asset||Dec 2006||Jan 2007||Change|
|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!