Picking up Nickels

Tuesday, December 13, 2022

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

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. :)