May 2011 Financial Asset Roundup
|Asset||Apr 2011||May 2011||Change|
The S&P 500 has continued to climb, rising 2.47% since the last update:
(chart courtesy of msn.com)
The unemployment rate for April rose for the first time in four months as it climbed to 9.0% despite a gain of 244,000 jobs. Oil prices have been volatile lately, but actually had a noticeable decline during that time, falling from about $110 per barrel to almost $103 per barrel. The biggest news of late was the death of terrorist leader Osama Bin Laden courtesy of a covert operation by the US military. My hope is that his death helps our military finish operations in Afghanistan and return home soon.
On the financial front, my asset levels have continued to climb and have surpassed my all time high from April. That is particularly noteworthy since I decided to use the cash from my 2010 personal tax return as an additional principal payment toward my home mortgage. Since there are few attractive places to stash a few bucks these days (I Bonds excepted), this is something I may periodically do as my various CDs mature over the next couple of years.
Otherwise, things are pretty quiet around here and I'm enjoying seeing the green of Spring when I look out the window instead of months worth of snow and ice. :)