Here are my current Financial assets as of the market close on October 12th, 2020:
| Asset | Sep 2020 | Oct 2020 | Change |
| |
|
|
|
| Checking | 6,927 | 1,517 | -5,410 |
| Money Market | 97,556 | 71,658 | -25,898 |
| Savings Bonds | 163,679 | 163,935 | 256 |
| Treasury Bills | 0 | 0 | 0 |
| CDs | 65,968 | 66,158 | 190 |
| Brokerage | 191,091 | 203,879 | 12,788 |
| 401k | 270,350 | 287,330 | 16,980 |
| Roth IRA | 189,107 | 198,548 | 9,441 |
| SEP IRA | 928,891 | 975,437 | 46,546 |
| 529 Savings | 182,285 | 183,258 | 973 |
| Total Assets | $2,095,854 | $2,151,720 | $55,866 |
| 2.67% |
Despite more terrible COVID-19 news like a superspreader event at the White House and a pause in a vaccine trial, the S&P 500 continues to perform, rising a strong 5.84% since the last update:
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(chart courtesy of nasdaq.com)
On the jobs front, the unemployment rate for September fell to 7.9%, with 661,000 new jobs created. While that sounds like a strong number, we're still down 10+ million jobs since February. Oil prices are up a bit to the $40 level, which translates to a local regular unleaded gasoline price of $1.97 at my last fill-up.
On the financial front, my assets have once again hit an all-time high, surpassing the previous high from August 2020. I also took a distribution from my S Corp and added that to the funds Mrs. Frugalson and I funneled toward our remaining mortgage and auto Loan debt. With that cash we were able to pay off our outstanding loans and are now debt free! We have no mortgage, no car loans, no student loans, no nothing. Nada, zip, zilch! While our remaining debt was modest, it is certainly a nice milestone on our path to retirement.
I'd also like to note that the September 2020 CPI-U numbers came out today, so I'd like to add a follow-up post of the impact on Series I savings bond purchases. Yet one more thing to do in a busy week...
