Picking up Nickels

Monday, September 13, 2010

September 2010 Financial Asset Roundup

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

Asset Aug 2010 Sep 2010 Change
Checking 609 175 -434
Money Market 33,099 32,346 -753
Savings Bonds 36,186 36,283 97
Treasury Bills 0 0 0
CDs 116,418 116,852 434
Brokerage 84,348 84,767 419
401k 86,935 86,831 -104
Roth IRA 40,324 40,220 -104
SEP IRA 215,900 218,768 2,868
529 Savings 45,839 45,966 127
Total Assets $659,658 $662,208 $2,550
      (0.39%)



The S&P 500 has ended faily flat over the past month with the index falling 1.03% since the last update:

(chart courtesy of msn.com)

The unemployment rate for August rose to 9.6% as business hiring picked up, while oil prices have fallen slightly to around $77 per barrel.

On the financial front, I am pleased to see my asset levels have surpassed my all time high from April 2010 despite the ups and downs of the stock market of late. I'm also a couple of weeks away from more above marked yield CD dominoes falling, with a Penfed 6% APY 4 year CD and a HSBC 2.00% APY 12 month CD maturing this month with a ING Direct 2.10% APY 12 month CD to follow in October. There are not many decent places to put that money now, but I did make a 5% APY CD reservation at Penfed for January 2011, which is an outstanding deal in the current economic climate. Unfortunately, I have the major expense of getting my lawn repaired looming to the tune of about $4000, but I'll cross that bridge when I get to it. I also intend to post my most recent punch in the gut due to my health insurance renewal information, which is horrible as usual.

On a personal note, I'm glad we were lucky enough to avoid a direct hit from Hurricane Earl and hope that the rest of the hurricane season will be quiet as I enjoy the passing of the sweltering summer heat. Bring on the Fall!

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