January 2011 Financial Asset Roundup
|Asset||Dec 2010||Jan 2011||Change|
The S&P 500 has continued to climb, rising 2.36% since the last update:
(chart courtesy of msn.com)
The unemployment rate for December actually fell to 9.4%, although some believe that means a portion of the unemployed have given up on their job search. Things aren't looking to turn around soon according to Federal Reserve Chairman Ben Bernanke, with unemployment projected to be around 8% two years from now despite the hints of an economic recovery starting to surface. Oil prices have continued to stay somewhat flat, remaining around $90 per barrel. It's certainly looking like the return of $4 per gallon gasoline is on the horizon once the summer driving season arrives later this year.
On the financial front it's been déjà vu all over again as my asset levels once again surpassed my all time high from December 2010. As far as money moves go, I finally made 2010 Roth IRA contributions for Mrs. Frugalson and myself and my 5% APY CD reservation at Penfed will hopefully go down this week without issue. I also recently found out that I am part of the Penfed data breach last month, with Penfed sending me replacements for my unused debit cards and offering two years of ID TheftSmart service. :(
As for everything else, I've made some good progress on our latest home improvement moulding install project, and now have crown moulding installed in most of the first floor of our house. I still need to install some on our second floor hallway, but I will try to make a point of posting an update on cost, materials, lessons learned, etc with a few pictures once the actual work is complete. I also need to start thinking about gathering 2010 personal and S Corp income tax info, so I have a few things to keep me busy during early 2011.