Picking up Nickels

Friday, December 11, 2020

December 2020 Financial Asset Roundup

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

Asset Nov 2020 Dec 2020 Change




Checking 2,880 2,525 -355
Money Market 71,375 69,578 -1,797
Savings Bonds 174,153 174,358 205
Treasury Bills 0 0 0
CDs 66,355 66,546 191
Brokerage 193,465 200,843 7,378
401k 297,298 318,490 21,192
Roth IRA 201,311 211,625 10,314
SEP IRA 977,149 1,021,649 44,500
529 Savings 183,454 186,000 2,546
Total Assets $2,167,440 $2,251,614 $84,174
      3.88%

Despite continuing Presidential election shenanigans and boosted by the pending authorization of a Covid-19 vaccine, the S&P 500 has done well of late, up 3.46% since the last update:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for November fell to 6.9%, with a disappointing 245,000 new jobs created as the recovery grows more sluggish. Oil prices are up again to the $47 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 November 2020. I'm disappointed to report that I received notice that my Penfed 5% APY 10 year CD is due to mature next month. That was an incredible deal at the time that nothing else came close to beating within the past decade, and unfortunately that will continue to be true for the foreseeable future. I'm also planning on one more distribution from my S Corp as I wrap up my 2020 financials.

As for the non-financial, we endured our COVID-19 Thanksgiving and will be having our COVID-19 Christmas in a couple of weeks. Although we are looking at a few dark months ahead of us, I'm more than ready to move on to 2021 at this point. :(

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