May 2012 Financial Asset Roundup
|Asset||Apr 2012||May 2012||Change|
The downward trend for S&P 500 has continued, falling an additional 0.78% since the last update:
(chart courtesy of msn.com)
On the jobs front, the unemployment rate for April fell to 8.1%, although it was considered a poor number due to the large number of people who dropped out of the workforce. Oil prices have fallen below $100 per barrel to around $96, and I have seen a slight tick down in gasoline prices to go along with it.
On the financial front, I finally surrendered to the constant arrival of pre-approval letters I've received from Chase and signed up for their Chase Freedom Visa for the 5% quarterly bonus categories and the $250 signup cash back bonus prominently printed on the envelopes they've sent me. The current 5% cash back categories are grocery stores and movie theaters, so this card will be my method of payment for grocery purchases until the end of June. I also opened up ING Direct Money checking accounts for "young adults" (i.e. kids age 8 and older) for the young Frugalsons so that they would have a place to keep their savings and birthday money. As a long time ING Direct customer myself, it goes without saying that I've been pretty impressed so far and I'm planning on putting together a dedicated post documenting my thoughts and experience with the account.
And finally, I am now at the twelve week point since I had my arm surgery. I had a minor setback with some pain earlier this week, but I'm progressively getting better and am looking forward to getting this injury behind me and going about living my life and getting back to "normal" (whatever that is :D).