Picking up Nickels

Tuesday, February 12, 2013

February 2013 Financial Asset Roundup

Here are my current financial assets as of the market close on February 12th, 2013:

Asset Jan
Checking 837 1,353 516
Money Market 37,584 36,719 -865
Savings Bonds 67,570 67,707 137
Treasury Bills 0 0 0
CDs 80,712 80,944 232
Brokerage 106,897 106,965 68
401k 111,939 114,771 2,832
Roth IRA 67,911 69,236 1,325
SEP IRA 330,805 356,570 25,765
529 Savings 77,167 79,109 1,942

Total Assets $881,422 $913,374 $31,952

The S&P 500 has continued to climb over the past month, up 3.05% since the last update:

(chart courtesy of msn.com)

We've just been through a pretty rough time courtesy of the Blizzard of 2013. We lost power during the heavy winds on Friday night and were without power for almost two full days before it was restored on Monday night. Fortunately we were quite comfortable due to the generator setup I had installed last year. While the outside temperatures fell to single digits and neighbors left their homes with a 40 degree indoor temperature for warmer pastures, our generator did an outstanding job of keeping the water pumping and the heat flowing throughout the power outage. This storm hit our town pretty hard, with trees and power lines down and impassable roads throughout (luckily, we only had tree damage at our place). The young Frugalsons haven't had to go to school since last Thursday, so I'm sure they are looking forward to getting back to work tomorrow if and when school resumes (yeah, right!). This storm was a tough test, as we had family staying with us when they went without heat and power and we had to keep an eye on the ladies across the street since their generator tended to stall at inopportune times while they tried to stay warm. All in all, we were lucky and it could have been much worse.

As for a quick update on the financial front, thanks to a full 2012 SEP IRA contribution my assets have surpassed their previous all time high from January while also eclipsing the $900k threshold. Now I just need to focus on recovering from all of the blizzard-related snow cleanup and lack of sleep and then try to get my 2012 personal and business tax returns squared away. Good times.