Picking up Nickels

Tuesday, July 12, 2016

July 2016 Financial Asset Roundup

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


Asset Jun
2016
Jul
2016
Change
Checking 3,117 2,063 -1,054
Money Market 70,956 76,394 5,438
Savings Bonds 109,079 109,236 157
Treasury Bills 0 0 0
CDs 39,119 39,226 107
Brokerage 124,834 130,227 5,393
401k 126,186 126,798 612
Roth IRA 107,782 109,988 2,206
SEP IRA 539,140 550,841 11,701
529 Savings 137,376 139,944 2,568



Total Assets $1,257,589 $1,284,717 $27,128
   
 
2.16%


The S&P 500 hit an all time high of 2,137.16 yesterday, rising 1.96% since the last update:

(chart courtesy of yahoo.com)

On the jobs front, the unemployment rate for June rose to 4.9% from 4.7%. Despite the rise, there was a big boost in hiring with 287,000 new jobs created. Oil prices have eased slightly to the $46 level (down from $48), with local gasoline prices continuing to remain relatively flat.

On the financial front, my asset level has once again reached a new all time high for the third month in a row, eclipsing the previous high from last month. I do have some cash on hand and could use that dry powder if an interesting opportunity pops up, but I'm not expecting much in the current interest rate environment.

On the non-financial front, the young Frugalsons ended their school year and have spent plenty of time recuperating from their academic endeavors. Mrs. Frugalson has also been toying with the idea of building a new deck around the pool, but there is currently no movement on that front.