Picking up Nickels

Wednesday, November 14, 2018

November 2018 Financial Asset Roundup

Here are my current financial assets as of the market close on November 13th, 2018:

Asset Oct
Checking 275 175 -100
Money Market 48,484 52,172 3,688
Savings Bonds 155,493 155,813 320
Treasury Bills 6,000 10,000 4,000
CDs 39,806 39,934 128
Brokerage 159,074 162,620 3,546
401k 167,894 165,021 -2,873
Roth IRA 150,469 147,297 -3,172
SEP IRA 756,094 739,484 -16,610
529 Savings 174,454 173,982 -472

Total Assets $1,658,043 $1,646,498 -$11,545

The market has continued a downward trend since the last update, with the S&P 500 falling 2.28% during that time:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for October remained at 3.7%, with a strong 250,000 new jobs created. Oil prices have slumped to the $56 level (down from $72) as supply has exceeded demand.

On the financial front, I put a bit more cash into 28 day T-Bills with an investment rate of 2.199% after taking another equity distribution from my S Corp. Additionally, I've been considering selling off some of my old Series I savings bonds with a 0% fixed interest rate and using that cash to buy January 2019 issues with the surprisingly high current 0.5% fixed rate. I also have an old Penfed 3.04% APY 5 year CD maturing early next month and will need to find a home for those funds. I wonder if there is a chance for an old-school Penfed end of year CD deal? That would be nice. :)

As for the non-financial, we're looking at an early Thanksgiving next week with Christmas not far behind. Ugh, I am so not ready for snow and cold weather.