February 2008 Financial Asset Roundup

Here are my current financial assets as of the market close on February 12th, 2008:

Asset	January 2008	February 2008	Change
Checking	509	734	225
Money Market	37,629	20,805	-16,824
Savings Bonds	4,653	4,669	16
Treasury Bills	0	0	0
CDs	97,921	98,364	443
Brokerage	109,325	97,491	-11,834
401k	103,553	95,491	-8,062
Roth IRA	33,012	31,223	-1,789
SEP IRA	175,481	171,304	-4,177
529 Savings	37,020	36,240	-780
Credit Card 0% Balance Transfers	-18,075	0	18,075
Total Assets	$581,028	$556,321	-$24,707 (-4.25%)

The market correction has continued since my last update, with the S&P 500 index falling by another 5.03% during that time:

(chart courtesy of msn.com)

And so it continues... Recession fears have led to an additional 1.25% worth of FOMC rate cuts and a 170 billion dollar economic stimulus package. I'm still staying the course with my savings and investments, and will finish funding my 2007 SEP IRA contributions before I file my S-Corp taxes (due March 18th). Another notable money move since my last update was paying off my 0% credit card balance since the promotional rate was about to expire. With interest rates for savings accounts falling along with FOMC rate cuts, it would seem that my timing was pretty good since I got out before my return on that cash fell below 4%.