December 2007 Financial Asset Roundup
Asset | November 2007 | December 2007 | Change |
Checking | 552 | 420 | -132 |
Money Market | 33,269 | 36,945 | 3,676 |
Savings Bonds | 4,623 | 4,638 | 15 |
Treasury Bills | 0 | 0 | 0 |
CDs | 91,802 | 96,467 | 4,665 |
Brokerage | 105,066 | 112,346 | 7,280 |
401k | 105,529 | 109,760 | 4,231 |
Roth IRA | 34,217 | 35,006 | 789 |
SEP IRA | 179,199 | 184,724 | 5,525 |
529 Savings | 36,682 | 38,157 | 1,475 |
Credit Card 0% Balance Transfers | -18,475 | -18,275 | 200 |
Total Assets | $572,464 | $600,188 | $27,724 (+4.8%) |
Volatility in the financial markets worked in my favor as the S&P 500 index rose by 4.28% since my last update. My bottom line is up accordingly, buoyed by a bonus paid out from my S Corp in November:
(chart courtesy of msn.com)
In advance of today's imminent FOMC rate cut, I decided to lock up a bit of cash in short term CDs. I put the proceeds from my World Savings 6.01% APY 15-month CD into a Bank of America 5.15% APY 4-month CD, rolled my matured 3 month E-Loan CD @5.55% APY into a 6 month E-Loan CD @5.15% APY, and put some cash into a 6 month E*Trade CD @5.25% APY.
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