Roth IRA Update: 4-10-07
I always look forward to Tuesdays now that I am investing through my Sharebuilder Roth IRA. My monthly deposit into my Roth IRA did not get credited in time for last Tuesday's deadline, so I had to wait until today to purchase my new securities with the money I had deposited from my last paycheck.
As you can see below, I finally purchased enough of my new Powershares Dividend ETF (PEY) to make my holdings in that fund approximately equal to my holdings in the other ETFs in my portfolio. I also made a $325 contribution to my emergency/summer savings fund this month already. All in all I have socked away $650 this month. I was only able to do so because I have finally paid off my year 2005 California state taxes, for which I had been on a payment plan since May 2006. So I now have my expenses down quite a bit and I am able to put some real money away. The summer fund will dwindle away over the summer, I am sure, so I am really only paying attention to my Roth for retirement. Once we know whether my wife will get the job in Ohio, we will have a better idea of how the summer will look money-wise.
So as of mid-day, here are my holdings in my Roth IRA:
EFA (Euro-Asia Index ETF): 4.6829 shares @ $78.30/share = $366.67
IWM (Russell 2000 Index ETF): 4.4241 shares @ $80.84/share = $357.64
PEY (Powershares High Yield Dividend ETF): 22.1742 shares @ $15.77/share = $349.69
SPY (S&P 500 Index ETF): 2.4425 shares @ $144.67/share = $353.36
Money Market Fund: $25.05
Roth IRA Total: $1452.41
And here are the holdings in my taxable account, which I am using for my emergency/summer fund (minus the Advantage Energy Income Fund, which you can read about here):
Taxable Money Market Fund: $926.59
AAV (Advantage Energy Income Fund): 8.088 shares @ $10.30/share = $83.31
Taxable Account Total: $1009.90
And the compounding continues!
