Picking up Nickels

Friday, January 11, 2019

January 2019 Financial Asset Roundup

Here are my current financial assets as of the market close on January 10th, 2019:


Asset Dec
2018
Jan
2019
Change
Checking 3,472 286 -3,186
Money Market 53,375 68,295 14,920
Savings Bonds 156,136 145,552 -10,584
Treasury Bills 10,000 10,000 0
CDs 57,434 57,626 192
Brokerage 155,521 157,016 1,495
401k 161,647 168,106 6,459
Roth IRA 143,576 144,659 1,083
SEP IRA 721,697 717,085 -4,612
529 Savings 174,121 170,838 -3,283



Total Assets $1,636,979 $1,639,463 $2,484
   
 
0.15%


The market has continued to drop since the last update, with the S&P 500 falling 1.56% during that time:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for December rose to 3.9%, but expectations were exceeded with 312,000 new jobs created. Oil prices have increased slightly to the $53 level (up from $52). Markets also have to contend with uncertainty of a continuing government shutdown over a border wall.

On the financial front, I once again rolled my maturing 28 day T-Bills into new ones with an investment rate of 2.438%. Last week I also sold my April 2013 issue Series I savings bonds with a 0% fixed interest rate and will be replacing them with January 2019 issue bonds with the current 0.5% fixed interest rate later this month.

As for the non-financial, it's another new year and I'm hanging in there with the short days and cold weather. It's also time to start getting things together for my 2018 business and personal tax returns. Hopefully the IRS will be open for business in time to handle the onslaught of tax returns headed their way.

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