July 2020 Financial Asset Roundup
Here are my current financial assets as of the market close on July 10th, 2020:
Asset | Jun 2020 | Jul 2020 | Change |
Checking | 3,647 | 3,315 | -332 |
Money Market | 92,837 | 101,241 | 8,404 |
Savings Bonds | 162,852 | 163,135 | 283 |
Treasury Bills | 0 | 0 | 0 |
CDs | 96,021 | 80,876 | -15,145 |
Brokerage | 181,002 | 188,536 | 7,534 |
401k | 248,042 | 253,244 | 5,202 |
Roth IRA | 181,396 | 182,151 | 755 |
SEP IRA | 889,308 | 895,345 | 6,037 |
529 Savings | 188,752 | 189,646 | 894 |
| | | |
Total Assets | $2,043,857 | $2,057,489 | $13,632 |
| | 0.67% |
The S&P 500 has been a bit volatile over the past month, falling 0.16% since the last update:
(chart courtesy of nasdaq.com)
On the jobs front, the unemployment rate for June continued to fall, dropping from 13.3% to 11.1%. Unfortunately, future gains could be sidetracked by continuing spikes in COVID-19 cases in several hot spots around the country. Oil prices are up somewhat to the $40 level (from $37), which translated to a local regular unleaded gasoline price of $1.99 at my last fill up.
On the financial front, my assets have hit an all-time high, surpassing the previous high from June 2020. My Alliant 2.55% APY 12 month CD also matured since the last update, with few compelling places to put that cash. Unfortunately, I don't anticipate any great CD rate deals showing up for several years at this point. I also paid my Federal income taxes by the July 15th extended deadline, which took a decent bite out of my cash balance.
As for the non-financial, I am scheduled to get the old oil-fired boiler at our house replaced soon. I had intended to get it done a few months ago, but put it off for a while once the pandemic lockdown was put in place. I will also be working on finding a commuter car for the youngest Frugalson to take to college in the fall. I'm not looking forward to either task and will be glad when both are behind me.