While much of the world continues to burn, I'm hunkering down and keeping my nose to the financial grindstone.
Funds from a matured CD took forever to move to my brokerage at Fidelity, and by the time it got there, stocks were already shooting back up, so that powder ended up staying dry. Missed out on the run-up there, but at least the reallocation to index funds in my SEP has already paid off, gaining 8% for the month in that arena. Overall retirement funds have made a decent comeback gain. If there's a 2nd dip like some are projecting, I'll be ready to keep re-allocating.
The home refinance has closed, but instead of going to PennyMac as stipulated, changing landscapes have forced LenderFi to become the servicer (not something they normally do). Hopefully that doesn't become an issue, but since my first payment isn't due until June 1st, they have a while to get things sorted out. In the meantime no May payment means an extra month of cash buffer. A check coming from the old lender's escrow fund will add to the cash. The mortgage amount this month is my new initial balance, but had to pay extra to get there, just so my monthly payment would be exactly $1400.00 even. Cause you guessed it, I'm a nerd.
Still keep finding side jobs to maintain extra income, but you never know when that could suddenly dry up. Gonna keep working as if the world is normal. With the exception of upgrading to the new 2020 iPhone SE (and wireless charging stations) I've kept discretionary spending to a minimum, even though my credit card balance may not look it. Auto insurance and escrow expenses are partly to blame for the run-up this round.
Let's see if I can break $700K next month! |