August 2019 Financial Asset Roundup
Here are my current financial assets as of the market close on August 12th, 2019:
Asset | Jul 2019 |
Aug 2019 |
Change |
Checking | 1,243 | 993 | -250 |
Money Market | 56,338 | 61,931 | 5,593 |
Savings Bonds | 159,906 | 160,224 | 318 |
Treasury Bills | 0 | 0 | 0 |
CDs | 73,721 | 73,941 | 220 |
Brokerage | 193,483 | 178,153 | -15,330 |
401k | 201,740 | 194,392 | -7,348 |
Roth IRA | 167,802 | 161,874 | -5,928 |
SEP IRA | 822,046 | 804,205 | -17,841 |
529 Savings | 183,624 | 183,223 | -401 |
|
|
|
|
Total Assets | $1,859,903 | $1,818,936 | -$40,967 |
|
|
-2.20% |
The market has reversed course since the last update, with the S&P 500 falling 3.69% during that time:
(chart courtesy of nasdaq.com)
On the jobs front, the unemployment rate for July remained at 3.7%, with 164,000 new jobs created. Oil prices have fallen to the $54 level, with a local unleaded regular gasoline price of $2.49 per gallon at my last fill up. The ill-advised trade war with China is going swimmingly as expected and the FOMC reacted by cutting the federal funds rate for the first time in more than a decade.
On the financial front, it has been relatively quiet except for a recent distribution from my S Corp. I have a college tuition payment due shortly for the eldest Frugalson child, so that cash won't sit idle for long. With the continuing interest rate uncertainty and market volatility, I don't anticipate any notable financial moves in the near future.
As for the non-financial, we enjoyed a week of family vacation and are trying to make the most out of the last few weeks of summer. School is coming!
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