Picking up Nickels

Tuesday, January 12, 2016

January 2016 Financial Asset Roundup

Here are my current financial assets as of the market close on January 11th, 2016:


Asset Dec
2015
Jan
2016
Change
Checking 3,362 1,444 -1,918
Money Market 64,463 74,188 9,725
Savings Bonds 105,741 105,784 43
Treasury Bills 0 0 0
CDs 36,577 36,681 104
Brokerage 120,377 113,049 -7,328
401k 122,712 117,223 -5,489
Roth IRA 103,834 99,546 -4,288
SEP IRA 500,462 479,569 -20,893
529 Savings 126,771 125,796 -975



Total Assets $1,184,299 $1,153,280 -$31,019
   
 
-2.62%


The S&P 500 has continued a downward trend, falling 4.86% since the last update as worry over a global slowdown took center stage:

(chart courtesy of yahoo.com)

On the jobs front, the unemployment rate for December remained at 5.0%, with a strong 292,000 jobs added. It's interesting that the US economy is currently in a position of strength considering the economic worry overseas. Oil prices have continued to fall to the $31 level, which translated to me paying $1.60 per gallon for heating oil last week (the lowest since April 2004).

On the financial front, I took a final 2015 distribution from my S Corporation and shifted that cash into savings for the time being. I also need to get rolling on 2015 my business tax returns so that I can make my final 2015 SEP IRA contribution.

On the non-financial front, it's time to start gathering information for my 2015 personal and business tax returns as we hunker down during a chilly January in New England. :)

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