May 2008 Financial Asset Roundup
|Asset||April 2008||May 2008||Change|
|Credit Card 0% Balance Transfers||0||0||0|
|Total Assets||$575,076||$598,813||$23,737 (4.13%)|
We've had a nice rally in S&P 500 index since my last update, which is up 5.67% during that time:
(chart courtesy of msn.com)
The market had a nice gain over the past month leading up to the FOMC meeting on April 30th. Oil prices continue to rise as it hit yet another all time high today of almost $127 per barrel. I bought my $10k limit of April 2008 issue I Bonds and also stashed some cash in a now extinct one year Patelco CD @ 4.07% APY that will be freed up when my 6 month E-Loan and E*Trade CDs mature in early June.
As I had mentioned earlier, my relationship with the largest client of my IT services S Corporation ended last month. I landed safely with another client a couple of weeks later, so I' not ready to declare the IT business to be in a recession as of yet.