August 2017 Financial Asset Roundup
Here are my current financial assets as of the market close on August 9th, 2017:
Asset | Jul 2017 |
Aug 2017 |
Change |
Checking | 6,256 | 5,632 | -624 |
Money Market | 63,323 | 69,456 | 6,133 |
Savings Bonds | 136,107 | 136,420 | 313 |
Treasury Bills | 0 | 0 | 0 |
CDs | 41,327 | 41,442 | 115 |
Brokerage | 152,782 | 153,181 | 399 |
401k | 150,478 | 156,497 | 6,019 |
Roth IRA | 132,402 | 135,335 | 2,933 |
SEP IRA | 644,800 | 654,407 | 9,607 |
529 Savings | 159,098 | 162,075 | 2,977 |
|
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|
Total Assets | $1,486,573 | $1,514,445 | $27,872 |
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1.87% |
The S&P 500 has been on a steady climb since the last update, rising 1.92% during that time:
(chart courtesy of google.com)
On the jobs front, the unemployment rate for July fell to 4.3%, with a higher than expected 209,000 new jobs created. Oddly, all of these strong economic indicators are coming at a time when President Trump has dismal approval ratings. Oil prices have had a bit of a bump from $44 to the current $50 level, which corresponds to several local gas stations selling regular unleaded for $2.25.
On the financial front, my asset levels have reached an all-time high for the NINTH month in a row, breaking the previous high from July 2017 while reaching the $1.5m asset level. As for money moves, I did take an S Corp distribution earlier this month and I will likely be making an additional 2017 SEP IRA employer contribution at some point next month.
As for the non-financial, I've been doing some work to try to get my lawn back into decent shape. My turf used to be the envy of the neighborhood, but it declined a bit over the years due to spending less time and using fewer potentially toxic products once I became a parent. On that note, it's hard to believe my kids will be returning to school in less than a month!