June 2022 Financial Asset Roundup

Here are my current financial assets as of the market close on June 10th, 2022:

Asset	May 2022	June 2022	Change
Checking	3,663	1,463	-2,200
Money Market	126,622	122,575	-4,047
Savings Bonds	209,183	210,382	1,199
Treasury Bills	0	0	0
CDs	42,660	42,764	104
Brokerage	247,872	234,882	-12,990
401k	375,454	379,095	3,641
Roth IRA	224,246	223,140	-1,106
SEP IRA	1,023,206	1,019,433	-3,773
529 Savings	164,921	164,539	-382
Total Assets	$2,417,827	$2,398,273	-$19,554
			-0.81%

The S&P 500 has continued the downward trend, falling 2.50% (-18.16% YTD) since the last update:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for May remained at the pandemic low of 3.6% for the third month in a row, with 390,000 new jobs added. Oil prices rose to the $119 level (from $104), driving May 2022 year-over-year inflation to 8.6% (Thanks Vlad!). That translates to a local regular unleaded gasoline price of $4.96 at my last fill-up, yet another all-time high. Considering that the U.S. is a net exporter of oil, this a good demonstration of how prices for a globally traded commodity are set by the market and not by an individual country.

On the financial front, I did the usual 401k transactions and a Vanguard VTI brokerage purchase. I also took a distribution from my S Corp and opened a Fidelity Cash Management account using promo code "FIDELITY100" which gives you a $100 bonus when you deposit $50+ within 15 days. I'll be sending the 2% rewards from my Fidelity Rewards Visa to this new account since I no longer need to contribute to my Fidelity 529 college savings plans.

As for the non-financial, we're looking forward to the school year being over and enjoying a family vacation next month. :)