Picking up Nickels

Monday, November 13, 2023

November 2023 Financial Asset Roundup

Here are my current financial assets as of the market close on November 10th, 2023:

Asset Oct 2023 Nov 2023 Change

Checking 4,028 6,507 2,479
Money Market 70,168 62,309 -7,859
Savings Bonds 233,573 222,700 -10,873
Treasury Bills 62,000 82,000 20,000
CDs 54,825 55,011 186
Brokerage 359,882 372,409 12,527
401k 289,677 296,023 6,346
Roth IRA 247,088 248,336 1,248
IRA 1,256,503 1,258,448 1,945
529 Savings 164,868 165,956 1,088
Total Assets $2,742,612 $2,769,699 $27,087
      0.99 %

The S&P 500 has been on a nice run over the past week, rising 1.31% (+15.00% YTD) since the last update:

(chart courtesy of nasdaq.com)

On the jobs front, the unemployment rate for October rose again to 3.9%, with a below expectations 150,000 new jobs added. Oil prices rose to the $77 level (from $85). The $77 price translates to a local unleaded regular gasoline price of $3.39 at my last fill-up.

On the financial front, I did the usual Fidelity 401k transaction (FSKAX) and Vanguard VTI purchase in my taxable brokerage account. I took a distribution from my S Corp and put that cash in my checking account to help pay my rising auto and homeowners insurance bills. I also invested in new 13 week T-Bills at 5.446% (with autoroll) and will have some at 5.462% maturing later this month. My I Bond allocation dipped a bit as I sold some January 2017 issue bonds with a 0% fixed rate and have scheduled a purchase of November 2023 replacements with a 1.3% fixed rate. Another pending event will be the maturing of my Penfed 3.50% APY 5 year CDs early next month, with those funds likely used to construct a Treasury ladder with 1,2,3, and 5 year rungs.

As for the non-financial, Thanksgiving and Christmas are right around the corner and I am not prepared at all for either one. At this point, I'm still trying to adjust to the cold temperatures and the switch from Daylight Saving Time.