December 2022 Financial Asset Roundup
Here are my current financial assets as of the market close on December 12th, 2022:
Asset | Nov 2022 | Dec 2022 | Change |
|
|
|
|
Checking | 3,341 | 3,362 | 21 |
Money Market | 71,665 | 74,870 | 3,205 |
Savings Bonds | 217,496 | 219,086 | 1,590 |
Treasury Bills | 50,000 | 55,000 | 5,000 |
CDs | 43,281 | 43,384 | 103 |
Brokerage | 267,742 | 277,450 | 9,708 |
401k | 394,241 | 406,731 | 12,490 |
Roth IRA | 221,548 | 226,217 | 4,669 |
SEP IRA | 1,010,431 | 1,017,228 | 6,797 |
529 Savings | 160,970 | 163,568 | 2,598 |
Total Assets | $2,440,715 | $2,486,896 | $46,181 |
1.89% |
The S&P 500 is up slightly, rising 0.86% (-16.27% YTD) since the last update. That was followed by some good news this morning from the November 2022 inflation report, which was up 0.1% month-over-month instead of the anticipated 0.3%:
(chart courtesy of nasdaq.com)
On the jobs front, the unemployment rate for November remained at 3.7%, with a better-than-expected 263,000 new jobs added. Oil prices have dropped quite a bit to the $73 level (from $89). That translates to a local regular unleaded gasoline price of $3.39 at my last fill-up and my heating oil provider quoting $3.60 per gallon (down from the $5.15 I paid in October).
On the financial front, I did the usual 401k transaction and Vanguard VTI purchase in my brokerage account. I took the funds from my maturing 13 week T-Bills (3.029%) and put $20k into new ones with an investment rate of 4.377%. I also took a final 2022 distribution from my S Corp and stashed it in the Fidelity Treasury Only Money Market Fund (FDLXX) with a 3.51% 7 day yield in my Fidelity Cash Management Account.
As for the rest, I'm buttoning up my S-Corp's 2022 end-of-year items and getting ready to enjoy a little time off for the Christmas holiday. It's hard to believe another year has gone by already. Time seemed to be in slow motion when I was younger and now seems to be going at warp speed. Hopefully that means that a long and enjoyable retirement isn't too far away. :)