Picking up Nickels

Friday, January 12, 2018

January 2018 Financial Asset Roundup

Here are my current financial assets as of the market close on January 11th, 2018:

Asset Dec
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

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.