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.