Picking up Nickels

Tuesday, September 13, 2022

September 2022 Financial Asset Roundup

Here are my current financial assets as of the market close on September 12th, 2022:

Asset Aug 2022 Sep 2022 Change

Checking 4,167 3,436 -731
Money Market 112,580 97,754 -14,826
Savings Bonds 212,983 214,404 1,421
Treasury Bills 15,000 30,000 15,000
CDs 42,969 43,074 105
Brokerage 268,020 263,560 -4,460
401k 404,915 397,325 -7,590
Roth IRA 234,074 227,686 -6,388
SEP IRA 1,078,095 1,050,279 -27,816
529 Savings 167,320 163,844 -3,476
Total Assets $2,540,123 $2,491,362 -$48,761

The S&P 500 has pulled back a bit, falling 2.37% (-13.76% YTD) since the last update:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for August rose slightly to 3.7%, while the strong job market continued with 315,000 new jobs added. Oil prices fell to the $89 level (from $93) with local gasoline prices continuing to drop along with them. That translates to a local regular unleaded gasoline price of $3.59 at my last fill-up (we paid a max of $4.96 in June!). The August inflation numbers also came in a little higher than expected, meaning that it will likely take longer than anticipated to moderate.

On the financial front, I did the usual 401k transaction and Vanguard VTI purchase in my brokerage account. I also put $15k into 13 week T-Bills with an investment rate of 3.029%, which is quite a difference from the 1.700% they offered in June.

As for the non-financial, everyone is back to school and the worst of the drought/hot weather seems to be behind us. It's been nice to see all of the dormant brown grass start to turn green again. :)