December 2007 Financial Asset Roundup
|Asset||November 2007||December 2007||Change|
|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.