Picking up Nickels

Thursday, June 11, 2009

June 2009 Financial Asset Roundup

Here are my current financial assets as of the market close on June 10th, 2009:

Asset May 2009 Jun 2009 Change
Checking 805 561 -244
Money Market 21,730 25,477 3,747
Savings Bonds 20,321 20,383 62
Treasury Bills 0 0 0
CDs 117,702 119,249 1,547
Brokerage 80,302 82,125 1,823
401k 66,506 70,491 3,985
Roth IRA 27,950 28,796 846
SEP IRA 163,537 167,056 3,519
529 Savings 33,687 34,400 713
Total Assets $532,540 $548,538 $15,998
      (3.00%)



The upward trend has continued with the S&P 500 index up 3.29% since the last update:

(chart courtesy of msn.com)

Although unemployment initial filings have decreased, unemployment is now up to 9.4% (a 26 year high). The stock market rally has continued over the past month and crude oil has reached $70 per barrel and continues to climb.

The past month hasn't been a big one for money moves. I did lay out some cash for a new washing machine and I sold my The United States Oil Fund ETF (USO) holding to lock in a modest profit due to the current run up in crude oil prices.

At this point, I'm trying to focus on enjoying the modest stock market rally that has occurred over the past few months and hope that the recession will end soon. I'm not sure how that will happen if crude oil prices and 30 year fixed mortgage rates continue to rise (Penfed went from 5% to 5.625% since the last update), but it can't hurt to be optimistic, right?

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