May 2009 Financial Asset Roundup
|Asset||Apr 2009||May 2009||Change|
The upward trend has continued since the last update with the S&P 500 index up 6.15% during that time:
(chart courtesy of msn.com)
Unemployment is still rising and is now up to 8.9% (a 25 year high). The stock market rally has continued over the past month, although it has stumbled a bit over the past couple of days. Hopefully crude oil reaching $60 per barrel again is another sign of the start of some economic recovery.
I still haven't felt like blogging much lately, so my updates have been far and few between. After doing this for almost three years, I do force myself to do this monthly update since it is a good way to make me take note of my holdings on a periodic basis. Moneywise, my one year Patelco CD @ 4.07% APY CD matured at the end of April and I ended up buying some electronic April 2009 I Bonds at TreasuryDirect.gov due to a lack of other attractive cash options.
I've been somewhat encouraged by the pickup in the stock market over the past couple of months. Keeping things in perspective though, I am still about $68k down from my peak in December 2007, and that ignores the $36k of SEP IRA contributions I've made since then. Hopefully things will continue to pick up....