October 2023 Financial Asset Roundup

Here are my current financial assets as of the market close on October 10th, 2023:

Asset	Sep 2023	Oct 2023	Change
Checking	4,335	4,028	-307
Money Market	62,668	70,168	7,500
Savings Bonds	232,596	233,573	977
Treasury Bills	62,000	62,000	0
CDs	54,644	54,825	181
Brokerage	397,636	359,882	-37,754
401k	294,230	289,677	-4,553
Roth IRA	253,718	247,088	-6,630
IRA	1,291,162	1,256,503	-34,659
529 Savings	167,031	164,868	-2,163
Total Assets	$2,820,020	$2,742,612	-$77,408
			-2.74 %

The S&P 500 has pulled back, falling 2.88% (+13.51% YTD) since the last update:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for September remained at 3.8%, with a scorching hot 336,000 new jobs added. Oil prices fell to the $85 level (from $88) with upward pressure from the Hamas attack on Israel dialing up tensions in the Middle East. The $85 price translates to a local regular unleaded gasoline price of $3.59 at my last fill-up.

On the financial front, I did the usual Fidelity 401k transaction (FSKAX) and Vanguard VTI purchase in my taxable brokerage account. I took a distribution from my S Corp and put that cash in my Fidelity Cash Management checking account to try to get a bit of yield on that cash. I'm also starting to wonder if we're going to see some short-term 6% CD deals at some point as the tax-equivalent yield of T-Bills are getting close to that level. Is it possible we could see an old-fashioned holiday CD deal from Penfed this year?

Finally, the September 2023 CPI-U numbers are scheduled to be released tomorrow, so a follow-up post about the impact on Series I savings bonds is in my queue.