December 2012 Financial Asset Roundup
Here are my current financial assets as of the market close on December 10th, 2012:
| || || |
| || ||2.47%|
(chart courtesy of msn.com)
The S&P 500 has risen consistently over the past month, up 2.80% since the last update:
Well, we're three weeks away from a new year and yet we still wait for our friends (somehow my fingers want to type "fiends") in Washington are still ready to send us over fiscal cliff. Perhaps they're hoping that the Mayan calendar will prove correct and they'll be bailed out by the world ending on December 21st? On the jobs front, the unemployment rate for November fell to 7.7% (the lowest rate since December 2008). Oil prices have actually been somewhat flat at $86, although I've seen local gas prices drop by about 16¢ during that time.
On the financial front, the most obvious thing to report is that my assets have surpassed their previous all time high from September. Hopefully I will be able to build on that number in 2013 as I finalize the 2012 contributions for my SEP IRA as well as continue to reap the "economic stimulus" of having Mrs. Frugalson back in the workforce. It certainly would be a huge milestone to finally break through the $900k asset value ceiling, that's for sure.
As for other matters, I'm in the process of winding down calendar year 2012 for my S Corporation and looking forward to spending time with family over the Christmas holiday. In the event that that this is my last post of 2012, I sincerely wish a happy and healthy holiday season and a prosperous 2013 to one and all.