February 2009 Financial Asset Roundup
|Asset||Jan 2009||Feb 2009||Change|
The value of S&P 500 index was going to end up pretty flat over the past month, but the big decline yesterday helped drive a 4.95% drop since the last update:
Ugh, unemployment is now up to 7.6% and the stock market reacted pretty negatively yesterday to the latest and greatest financial rescue plan and economic stimulus plan. Oil prices continue to hover below $40 per barrel despite gasoline supply concerns.
Money-wise, I pretty much have nothing going on at the moment other than a modest 7 month Bank of America CD @ 4.11% APY CD maturing early next month. At this point, I'm leaning against reinvesting the proceeds as savings rates continue to drop.
Business-wise, I am thankfully still bringing in consulting revenue for my S Corp. I'm looking to finish making my 2008 SEP IRA contributions getting my 2008 personal and business tax returns wrapped up, and will be relieved when all of my 2008-related tasks will be put to bed.