Here are my current Financial assets as of the market close on June 10th, 2022:
| Asset | May 2022 | June 2022 | Change |
| |
|
|
|
| Checking | 3,663 | 1,463 | -2,200 |
| Money Market | 126,622 | 122,575 | -4,047 |
| Savings Bonds | 209,183 | 210,382 | 1,199 |
| Treasury Bills | 0 | 0 | 0 |
| CDs | 42,660 | 42,764 | 104 |
| Brokerage | 247,872 | 234,882 | -12,990 |
| 401k | 375,454 | 379,095 | 3,641 |
| Roth IRA | 224,246 | 223,140 | -1,106 |
| SEP IRA | 1,023,206 | 1,019,433 | -3,773 |
| 529 Savings | 164,921 | 164,539 | -382 |
| Total Assets | $2,417,827 | $2,398,273 | -$19,554 |
| -0.81% |
The S&P 500 has continued the downward trend, falling 2.50% (-18.16% YTD) since the last update:
(chart courtesy of nasdaq.com)
On the jobs front, the unemployment rate for May remained at the pandemic low of 3.6% for the third month in a row, with 390,000 new jobs added. Oil prices rose to the $119 level (from $104), driving May 2022 year-over-year inflation to 8.6% (Thanks Vlad!). That translates to a local regular unleaded gasoline price of $4.96 at my last fill-up, yet another all-time high. Considering that the U.S. is a net exporter of oil, this a good demonstration of how prices for a globally traded commodity are set by the market and not by an individual country.
On the financial front, I did the usual 401k transactions and a Vanguard VTI brokerage purchase. I also took a distribution from my S Corp and opened a Fidelity Cash Management account using promo code "FIDELITY100" which gives you a $100 bonus when you deposit $50+ within 15 days. I'll be sending the 2% rewards from my Fidelity Rewards Visa to this new account since I no longer need to contribute to my Fidelity 529 college savings plans.
As for the non-financial, we're looking forward to the school year being over and enjoying a family vacation next month. :)
