July 2010 Financial Asset Roundup
|Asset||Jun 2010||Jul 2010||Change|
The S&P 500 had a rollercoaster ride up and back down, with the index falling 0.74% since the last update:
(chart courtesy of msn.com)
The unemployment rate for June declined to 9.5%, although that could be due to a shrinking labor force as people stop looking for work. Oil prices haven't changed much as they are around $76 per barrel in the middle of the summer driving season.
We've finally taken a major step toward fixing the sinkholes in our yard caused by the flooding we had on our property in late March. A couple of weeks ago, our landscaping contractor tore into our yard with a backhoe and removed a shocking amount of buried stumps left by the builder who thought it was a good idea to bury them there. Unfortunately, we were left with a barren wasteland for a yard and have to go through the time and expense of getting some topsoil and having grass planted. I plan on posting a more detailed update on that mess as time permits. I'm also being pitched many home improvement projects by Mrs. Frugalson as she has become a home decorating blog junkie. Over the weekend, I built her a couple of "cafe shelves" similar to ones she read about at the Beneath My Heart blog. She hasn't painted them yet, but I think they turned out pretty nice considering the ordinary (and inexpensive) materials they were built from. Of course, that will only make her more determined to get me to install that fancy molding in the dining room. :)
Moneywise, I spent a decent chunk of change having a backhoe destroy my lawn and I'll need to invest a bit more to get that addressed when the weather cools down a bit in the Fall. I'm also hoping to get my 2009 SEP IRA contribution fully funded by early August, which will allow me to close the books on 2009 once and for all.