November 2010 Financial Asset Roundup
|Asset||Oct 2010||Nov 2010||Change|
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. :)