Picking up Nickels

Wednesday, November 11, 2020

November 2020 Financial Asset Roundup

Here are my current financial assets as of the market close on November 10th, 2020:

Asset Oct 2020 Nov 2020 Change




Checking 1,517 2,880 1,363
Money Market 71,658 71,375 -283
Savings Bonds 163,935 174,153 10,218
Treasury Bills 0 0 0
CDs 66,158 66,355 197
Brokerage 203,879 193,465 -10,414
401k 287,330 297,298 9,968
Roth IRA 198,548 201,311 2,763
SEP IRA 975,437 977,149 1,712
529 Savings 183,258 183,454 196
Total Assets $2,151,720 $2,167,440 $15,720
      0.73%

Despite the surging COVID-19 pandemic and a potentially dangerous "contested" Presidential election, the S&P 500 has been relatively flat, up 0.32% since the last update:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for October fell to 6.9%, with 638,000 new jobs created. Unfortunately, we're still down ~10 million jobs since February. Oil prices are up slightly to the $42 level, which translates to a local regular unleaded gasoline price of $1.79 at my last fill-up.

On the financial front, my assets have once again hit an all-time high, surpassing the previous high from October 2020. To cap things off, I took another distribution from my S Corp and also made my 2020 Series I savings bond purchase.

As for the non-financial, it's all COVID, COVID, COVID from where I sit. We're seeing an all-time high in hospitalizations, which means we have an ugly winter ahead of us. Hopefully a new POTUS that will take this pandemic more seriously and the promise of an effective vaccine will help put this behind us sooner rather than later.