Picking up Nickels

Thursday, February 11, 2010

February 2010 Financial Asset Roundup

Here are my current financial assets as of the market close on February 10th, 2010:

Asset Jan 2010 Feb 2010 Change
Checking 371 502 131
Money Market 40,663 39,603 -1,060
Savings Bonds 25,955 25,963 8
Treasury Bills 0 0 0
CDs 111,797 112,180 383
Brokerage 86,592 82,817 -3,775
401k 87,861 81,166 -6,695
Roth IRA 40,337 38,046 -2,291
SEP IRA 199,268 187,979 -11,289
529 Savings 42,478 41,008 -1,470
Total Assets $635,322 $609,264 -$26,058
      (-4.10%)



We've had a bit of a correction over the past month as the S&P 500 index dropped 6.87% since the last update:

(chart courtesy of msn.com)

The unemployment rate unexpectedly dropped to 9.7% in January, although all of the recent snow we've had on the East Coast could take a bite out of the February numbers. The price for crude oil has dropped along with the stock market, although it has creeped up to about $75 per barrel over the past few days.

I pretty much have no money moves planned for near future, although I may look into some Series I savings bonds in April again this year. Even so, the constant rate cuts impacting savers like me has been depressing. :(

Right now, I'm focusing quite a bit on work, updating my home IT infrastructure, and chugging along with my personal and business tax returns. Fun, fun, fun...