Reduced value of Home by $10k due to the number of homes for sale in my neighborhood. The increase in inventory and time on market gives me the impression that I couldn't command the same premium as before. Decreased book value of truck and motorcycle as well. I'm approaching 50k miles and another year of ownership. Similarly packaged trucks are around $35k or so.
Transferred my emergency fund savings into another account offering at my bank. The account that I originated was - at the time - a HYSA with a competitive rate but I've realized that Capital One is no longer adjusting with prevaling market rate. Instead, they quietly created another HYSA offering marketed toward new clients and then left the existing savers' rate at .30%. There was a recent indicator segment on this as other banks were doing it as well. The new savings account was created in November 2023 offering 4.35% APY. I transferred the balance into it at the beginning of March to capitalize on the increased interest rate.
I'll need to take a break from saving toward new windows due to an anticipated road trip and also I'm expecting to incur some expenses during my Annual Training at the end of the month. While I'll receive comparable compensation from the Navy, I'll be interrupting my routine pay cycle at work and will need to be able to absorb the income fluctuations until I'm back on cycle.
I'm hoping the oscillations will reduce by late April and I'll be able to refocus efforts toward the window project. I also really want to pay down the mortgage balance but I want the repairs completed first.
In an attempt to detail my assets with more clarity, I split the retirement category into three line items starting this month. TSP (new), IRA (new) and then left the retirement (old) with any outstanding 401k balances. I found that renaming a line goes back to previous posts which could be really confusing so I've tried to do so in a way that limits that confusion.
I have an old 401k from a previous employer that I'm investigating transferring into my existing IRA. The process sounds a bit onerous but not overly so. I am however slightly worried that IRAs are not afforded the same legal protections as 401k accounts. I'm led to believe that they're not shielded from suit or communal property. While I don't have an imminent risk from either, I try to stay cognizant of such risk. |