June 2007 Financial Asset Roundup
|Asset||May 2007||June 2007||Change|
|Total Assets||$538,980||$546,929||+$7,949 (1.5%)|
Keeping up with this blog has continued to fall by the wayside as work, family, and house-related projects have continued to eat into my free time, although I like the exercise of looking at my overall financial picture on a monthly basis. Despite the S&P 500 index being down about 1% since my last update, I actually increased my bottom line via additional equity distributions from my S Corp's 2006 profits combined with my initial 2007 SEP IRA contribution:
(chart courtesy of msn.com)
I am currently in a financial holding pattern as the yield of the 10 year Treasury has risen and the stock market has responded with increased volatility. If this trend continues, we may end up with buying opportunities in the form of a stock market correction and attractive rates on long-term fixed income instruments (come on Penfed!).