Picking up Nickels

Wednesday, October 12, 2022

October 2022 Financial Asset Roundup

Here are my current financial assets as of the market close on October 11th, 2022:

Asset Sep 2022 Oct 2022 Change




Checking 3,436 6,190 2,754
Money Market 97,754 97,204 -550
Savings Bonds 214,404 215,855 1,451
Treasury Bills 30,000 30,000 0
CDs 43,074 43,176 102
Brokerage 263,560 220,460 -43,100
401k 397,325 352,056 -45,269
Roth IRA 227,686 202,468 -25,218
SEP IRA 1,050,279 949,131 -101,148
529 Savings 163,844 157,267 -6,577
Total Assets $2,491,362 $2,273,807 -$217,555
      -8.73%

The S&P 500 is near 52-week lows, falling 12.69% (-24.70% YTD) since the last update:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for September fell back to 3.5% (a 50 year low), with 263,000 new jobs added. Oil prices have remained somewhat steady at the $89 level, with recent OPEC production cuts not a good sign for future price decreases. That translates to a local regular unleaded gasoline price of $3.39 at my last fill-up.

On the financial front, I did the usual 401k transaction and Vanguard VTI purchase in my brokerage account. I also put $15k into 13 week T-Bills with an investment rate of 3.415% (up from 3.029% a month ago) and will probably add to that number in early November. To cap things off, I took a distribution from my S Corp and finally completed a years-long dream of joining Navy Federal Credit Union since a family member recently became eligible to join.

Tomorrow the September 2022 CPI-U are scheduled to be released, so a follow-up post of the impact on Series I savings bonds will be coming.

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