Picking up Nickels

Thursday, July 11, 2013

July 2013 Financial Asset Roundup

Here are my current financial assets as of the market close on July 10th, 2013:

Asset Jun
Checking 952 3001 2,049
Money Market 40,604 41,957 1,353
Savings Bonds 80,880 81,002 122
Treasury Bills 0 0 0
CDs 81,848 82,071 223
Brokerage 108,175 101,979 -6,196
401k 120,911 120,332 -579
Roth IRA 72,923 73,408 485
SEP IRA 374,596 375,337 741
529 Savings 85,571 86,086 515

Total Assets $966,460 $965,173 -$1,287

The S&P 500 rose once again over the past month, up 0.60% since the last update:

(chart courtesy of msn.com)

On the jobs front, the unemployment rate for June remained flat at 7.6% with signs of stronger than expected Spring hiring. The turmoil in Egypt has helped drive oil prices back over $100 per barrel (around $105), although the impact on gasoline prices could be a bit more muted.

On the financial front, things are still pretty quiet. My S Corp has pretty good cash flow these days, which could allow me to make a preemptive mid-year 2013 SEP IRA contribution. Of course, we need to get a clearer picture of Mrs. Frugalson's employment situation first due to the financial flexibility her employer-provided health insurance provides. We will also likely fit in his and hers 2013 Roth IRA contributions before the end of the calendar year.

As for the non-financial, the miserably hot and humid weather we've been experiencing in the Northeast the past few weeks really has me jonesing for central air conditioning. I have never lived in a house with central air in my entire life, but advancing age/climate change/whatever is really making the heat an issue for me. I'm actually considering looking into retrofitting central air into our forced hot water heated house despite what has to be a huge cost, a huge mess, and a huge inconvenience. Couple that potential project with the other things Mrs. F. wants to do around here, and we're looking at some major contractor-fueled pain and aggravation on the horizon. We're due for a small vacation at the end of the month, so I can at least try to focus on that in the meantime. Cheers!