Picking up Nickels

Thursday, November 11, 2010

November 2010 Financial Asset Roundup

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

Asset Oct 2010 Nov 2010 Change
Checking 506 1044 538
Money Market 60,838 60,507 -331
Savings Bonds 36,384 36,486 102
Treasury Bills 0 0 0
CDs 82,985 83,332 347
Brokerage 92,125 95,334 3,209
401k 93,115 97,699 4,584
Roth IRA 42,379 43,899 1,520
SEP IRA 230,075 237,907 7,832
529 Savings 48,538 50,076 1,538
Total Assets $686,945 $706,284 $19,339
      (2.82%)



The (QE2 fueled?) run-up of the S&P 500 continues on as the index has risen another 4.60% since the last update:

(chart courtesy of msn.com)

The unemployment rate for October stayed flat at 9.6% yet again although there were some positive signs on job growth. Meanwhile, a weak dollar is helping oil prices head toward $90 per barrel.

On the financial front my asset levels have once again surpassed my all time high from October 2010, in addition to reaching the milestone of a $700k level. It's hard to believe I was trying to reach a goal of a $500k asset level only four short years ago. The only money move I have cooking is my attempt to join the Navy Federal Credit Union through a merger backdoor, but I've made little progress on that front so far.

Job-wise, things are looking up. I've been doing quite a bit of work building a test environment for my largest client in anticipation of them deploying a bunch of new IT equipment next year. That's certainly encouraging news for someone who has a contract up in Q2 2011, that's for sure. :)