Picking up Nickels

Monday, October 11, 2010

October 2010 Financial Asset Roundup

Here are my current financial assets as of the market close on October 8th, 2010:

Asset Sep 2010 Oct 2010 Change
Checking 175 506 331
Money Market 32,346 60,838 28,492
Savings Bonds 36,283 36,384 101
Treasury Bills 0 0 0
CDs 116,852 82,985 -33,867
Brokerage 84,767 92,125 7,358
401k 86,831 93,115 6,284
Roth IRA 40,220 42,379 2,159
SEP IRA 218,768 230,075 11,307
529 Savings 45,966 48,538 2,572
Total Assets $662,208 $686,945 $24,737
      (3.74%)



It's been a nice run for the S&P 500 as it has risen has risen 5.01% since the last update:

(chart courtesy of msn.com)

The unemployment rate for September stayed flat at 9.6% as job growth continues to flounder, while oil prices have perked up to around $83 per barrel.

On the financial front my asset levels have once again surpassed my all time high from September 2010 in lockstep with the rising stock market despite the $5000 I spent getting my yard repaired and re-sodded after the flood-related damage caused in March. Now that the final cleanup is done, I figure I spent close to $10,000 this year on basement water removal and cleanup, sump pump installation, and landscaping stump removal, fill, and sod installation. With regard to more pure financial moves, I'm also saw a Penfed 6% APY 4 year CD, a HSBC 2.00% APY 12 month CD and a ING Direct 2.10% APY 12 month CD mature since the last update. I am planning on putting some of that cash in a 5% APY CD reservation at Penfed in January 2011, but I will probably stay liquid with the remainder of that cash due to the lack of decent places to put it. I'm also trying to get myself into the Navy Federal Credit Union through a loophole of sorts, but my membership status there is still in limbo at this point.

Not much else of note to report on though. I'm just trying to fight the good fight and keep my financial situation afloat.

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