January 2018 Financial Asset Roundup
Here are my current financial assets as of the market close on January 11th, 2018:
Asset | Dec 2017 | Jan 2018 | Change |
Checking | 862 | 404 | -458 |
Money Market | 64,358 | 79,939 | 15,581 |
Savings Bonds | 137,560 | 137,823 | 263 |
Treasury Bills | 0 | 0 | 0 |
CDs | 41,901 | 42,019 | 118 |
Brokerage | 160,799 | 159,943 | -856 |
401k | 164,119 | 173,848 | 9,729 |
Roth IRA | 144,239 | 150,431 | 6,192 |
SEP IRA | 715,362 | 742,200 | 26,838 |
529 Savings | 170,066 | 173,166 | 3,100 |
| | | |
Total Assets | $1,599,266 | $1,659,773 | $60,507 |
| | 3.78% |
As was the case throughout 2017, the S&P 500 started 2018 continuing to hit all time highs since the last update, rising a strong 4.04% during that time:
(chart courtesy of google.com)
On the jobs front, the unemployment rate for December once again remained at 4.1%, with an additional 148,000 jobs created. Oil prices continued their rise and hit the $63 level (up from $58). This was particularly noticeable with my latest heating oil delivery to the tune of $2.60 per gallon, which is 30ยข higher than my previous fill up a month and a half ago.
On the financial front, my asset levels have reached an all-time high for the FOURTEENTH month in a row, breaking the previous high from December 2017. I did take a distribution from my S Corp since the last update and will likely be maxing out my 2018 I Bond purchase later this month.
As for the non-financial, college acceptances for my eldest child continue to come in and it appears that the hit to our 529 college savings may be less than I figured courtesy of financial aid. Next up will be work on 2017 business and personal tax returns.