April 2008 Financial Asset Roundup

Here are my current financial assets as of the market close on April 14th, 2008:

Asset	March 2008	April 2008	Change
Checking	854	631	-223
Money Market	22,710	35,447	12,737
Savings Bonds	4,685	4,701	16
Treasury Bills	0	0	0
CDs	98,785	89,125	-9,660
Brokerage	96,963	98,465	1,502
401k	95,537	96,658	1,121
Roth IRA	31,193	31,635	442
SEP IRA	179,433	181,450	2,017
529 Savings	36,181	36,964	783
Credit Card 0% Balance Transfers	0	0	0
Total Assets	$566,341	$575,076	$8,735 (1.54%)

Market volatility is alive and well, with the S&P 500 index up by 0.58% since my last update:

(chart courtesy of msn.com)

We had some positive movement over the past month, mostly buoyed by Washington Mutual's $7 billion investment. In a "shocking" twist, inflation is starting to surface and oil has hit $113 per barrel. As far as personal money moves go, my Bank of America 5.15% APY 4-month CD has matured since my last update, and I will be moving that money to I Bonds by the end of the month. On a related note, the March 2008 CPI-U numbers will be released tomorrow, which will allow us to calculate the variable portion of the I Bond rate over the next year.

As an update to my personal recession watch, my relationship with the largest client of my IT services S Corporation has unfortunately ended. I am currently in negotiations with another client to increase my role there, so hopefully that is a sign that the IT business will not be hit as hard as it was in the aftermath of the bursting of the tech bubble earlier this decade.