May 2022 Financial Asset Roundup
Here are my current financial assets as of the market close on May 10th, 2022:
Asset | Apr 2022 | May 2022 | Change |
|
|
|
|
Checking | 3,479 | 3,663 | 184 |
Money Market | 124,878 | 126,622 | 1,744 |
Savings Bonds | 206,628 | 209,183 | 2,555 |
Treasury Bills | 0 | 0 | 0 |
CDs | 42,560 | 42,660 | 100 |
Brokerage | 271,210 | 247,872 | -23,338 |
401k | 411,228 | 375,454 | -35,774 |
Roth IRA | 245,031 | 224,246 | -20,785 |
SEP IRA | 1,110,568 | 1,023,206 | -87,362 |
529 Savings | 168,949 | 164,921 | -4,028 |
Total Assets | $2,584,531 | $2,417,827 | -$166,704 |
-6.45% |
The S&P 500 has been in for a rough ride, falling 9.33% (-16.05% YTD) since the last update:
(chart courtesy of nasdaq.com)
On the jobs front, the unemployment rate for April remained at the pandemic low of 3.6%, with 428,000 new jobs added. The Federal Reserve announced the second rate hike (0.5%) of the year, the largest in 22 years. Oil prices rose to the $104 level (from $98), which translates to a local regular unleaded gasoline price of $4.39 (and likely a new normal) at my last fill-up. Fortunately there was a positive sign that inflation may have peaked as the April 2022 US inflation numbers slowed for the first time since August.
On the financial front, I did the usual 401k transactions and a Vanguard VTI brokerage purchase. I also received a portion of my 2021 Federal tax refund in the form of Series I savings bonds (with the current 9.62% rate), and wished I sent a larger 2021 estimated tax payment in January.
As for the non-financial, we're still on a high after watching the eldest Frugalson child graduate from college. Just a little bit of time left for summer fun before joining the real world. :)