Picking up Nickels

Tuesday, July 19, 2022

July 2022 Financial Asset Roundup

Here are my current financial assets as of the market close on July 18th, 2022:

Asset June 2022 July 2022 Change

Checking 1,463 1,698 235
Money Market 122,575 112,302 -10,273
Savings Bonds 210,382 211,614 1,232
Treasury Bills 0 15,000 15,000
CDs 42,764 42,865 101
Brokerage 234,882 242,606 7,724
401k 379,095 369,415 -9,680
Roth IRA 223,140 217,266 -5,874
SEP IRA 1,019,433 1,002,229 -17,204
529 Savings 164,539 163,936 -603
Total Assets $2,398,273 $2,378,931 -$19,342

The S&P 500 volatility has continued, falling 1.79% (-19.62% YTD) since the last update:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for June remained at the pandemic low of 3.6% for the fourth month in a row, with a strong 372,000 new jobs added. Oil prices dipped to the $100 level (from $119) with local gasoline prices following suit. That translates to a local regular unleaded gasoline price of $4.57 at my last fill-up, although I did drive by a station selling for $3.99 when we were on vacation last week.

On the financial front, I did the usual 401k transaction but held off on a Vanguard VTI purchase since my brokerage account was a bit low on free cash. With rising short-term interest rates looking more attractive I also put $15k into 13 week T-Bills with an investment rate of 1.700%, and will probably be flipping T-Bills for a while as the FOMC interest rate hikes play out.

As for the non-financial, we were able to enjoy a nice family vacation with great weather in early July. That's certainly a far cry from the wildfires and heat waves with record 100°+ temperatures throughout Europe and the USA that are becoming far too common. :(