HSAPAY's week 14 of 40 Funding for Baby Prep
Apr 10, 2023 10:20 pm
Welcome back ,
Here's HSAPAY's weekly update for April 10th, 2023 that'll help you and your growing family navigate the complexities of utilizing and investing in your HSA.
HSA Weekly Roundup
- Ron is Wrong yet again!
- HSA Savings are always sweeter
- Tax Season Dance Off starts Now!
- 3 Critical Levers for Reimagining Patient Flow and Improving Care Orchestration
- The Conversation Around Cancer Costs Must Go Beyond Drugs
- Scaling Up IVF: How to Increase ROI and Build a (Re)productive IVF Business
Macro Minute & Precious Metals
- 5 Best Robo-Advisors With Tax-Loss Harvesting
- Mrs. Dow Jones gives 5 tips for making the most of your money
- Gold and silver outlook as 23 states move to reclaim precious metals as legal tender
- Gold price forms doji candle as the DXY index drifts higher
- Brent crude oil price forecast according to Wall Street analysts
3-6 Month HSA Investment Return Entries
- Is Costco stock a safe bet as a slowdown in consumer spending weighs on sales?
- Shell PLC expects up to $1.2 billion of corporate loss in Q1
- Kinder Morgan vs Enbridge: Which is a better stock to buy?
6-9 Month HSA ETF Investment Entries
- How the Night Effect Has Enhanced April Returns
- How ETF Trading Spreads Can Mitigate Volatility
- A Month at Six Flags for Treasuries
Ron is Wrong yet again!
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 If I told you that after 15 years of maxing out an IRA and HSA with an expected return of 10%, would you believe me if I told you that the HSA wins hands down every time and there are no taxes to pay ever? #hsapay | ||
4:04 PM · Apr 04, 2023 | ||
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Sign up for HSAPAY's robo-advisor to start dancing today.
HSA Savings are always sweeter
Tax Season Dance Off starts Now!
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 Reducing your taxable income is cause for celebrating. April 17th is the last day to reduce your taxes with your HSA and join the party. #hsapay #hsa | ||
5:56 PM · Apr 06, 2023 | ||
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Sign up for HSAPAY's robo-advisor to start dancing today.
3 Critical Levers for Reimagining Patient Flow and Improving Care Orchestration
In the past, health systems have functioned as separate entities in name only, with hospitals and facilities operating independently with their own metrics, finances, and processes. This approach prioritized the success of individual parts, rather than a holistic approach to improving the overall performance of the system. However, we now have the opportunity to shift our focus towards unity and integration. The pandemic has highlighted the importance of working together as a cohesive whole. Let us strive to collaborate and share resources, maximizing our collective potential and achieving greater outcomes for all.
The Conversation Around Cancer Costs Must Go Beyond Drugs
The mounting costs of cancer care, which have surged from $57 billion in 2001 to over $200 billion today, are placing an enormous strain on patients, families, and the healthcare system as a whole. It's time to take action and find ways to reduce these expenses while advancing cancer research and providing better care for those affected. We must work together to find innovative solutions that enable patients to live longer, healthier lives without having to choose between essential needs like food and medicine.
By joining forces, we can pave the way to a brighter future for cancer patients and their families – one in which outcomes improve, quality of life is enhanced, and hope shines brightly. Let's rise to this challenge with courage, compassion, and determination.
Scaling Up IVF: How to Increase ROI and Build a (Re)productive IVF Business
For fertility care, the barriers in access make family building unattainable for the many families seeking IVF, and the industry is facing a significant challenge in expanding access to IVF care across wider populations. Traditional wisdom ascribes the high cost of treatment as the impediment to access. However, the issue of access in fertility care is threefold: supply and demand, efficiency, and cost. While cost is a symptom of the access problem, it is not the cause.
By investing in the value chain of IVF with the right AI solutions, investors can solve the access problem growing in the IVF space, help more people build their families, and achieve significant ROI.
5 Best Robo-Advisors With Tax-Loss Harvesting
Tax-loss harvesting is a beautiful thing.
At its most simple, it's an investment strategy where you sell an investment at a loss with the goal of reducing your capital gains tax bill.
This is possible to do on your own, with a financial advisor, or with a robo-advisor.
Best Robo-Advisors With Tax-Loss Harvesting at a Glance
- Wealthfront – Best for Goals-Based Investing
- Betterment – Best for Beginners
- Empower – Best for Net Worth Tracking
- Schwab Intelligent Portfolios – Best Fee-Free
- Axos Invest – Best for Self-Directed Trading
Mrs. Dow Jones gives 5 tips for making the most of your money
Uncertainty can be scary and anxiety-inducing — especially when it comes to your financial life. While no one can predict what awaits the U.S. economy with absolute certainty, you can take steps to keep your financial life on track whatever happens.
Make the most of rising interest rates and financial products available to you. Review your spending and prepare for emergencies. And perhaps most importantly, don’t allow anxiety to affect your financial goals. The economy will always experience ups and downs, so the best thing you can do to beat the blues is to set a plan and stick to it.
Tips:
- Maximize whatever you can
- Review how you’re spending money
- Have an emergency fund
- Don’t let fear be your financial advisor
- Automate everything
Gold and silver outlook as 23 states move to reclaim precious metals as legal tender
As the international reserve currency for the better part of a century, global trust in the US dollar has been virtually limitless.
At any time, in nearly any country, its role as the ultimate safe-haven currency and the universally accepted standard of economic value has been beyond question.
The post Gold and silver outlook as 23 states move to reclaim precious metals as legal tender proposes may cause spikes in precious metal demands.
Gold price forms doji candle as the DXY index drifts higher
📈💰Gold price had an amazing week, soaring close to its record high! The XAG/USD pair also rose, almost reaching its all-time high 🤑. In fact, it has gone up a whopping 24% since November last year 💪!
The US dollar didn't fare so well, dropping dramatically from its 2-decade high 📉. This happened because investors are convinced that the Federal Reserve will change things up soon, especially since the American economy seems to be slowing down.
This suspicion was confirmed by the weak economic numbers released this week 🙁.
Brent crude oil price forecast according to Wall Street analysts
📈 Brent crude oil price has been killing it this week! 🙌 It skyrocketed to a high of $85.90, which is the highest we've seen since March 7. That's not all, oil prices have risen by over 19% since March's lowest point. 💸 WTI crude oil has also joined in on the fun, and is currently at $80.
📊 Wall Street is buzzing with news about OPEC's decision to cut oil production by more than 1.7 million barrels. 😱
The cartel announced that countries like Saudi Arabia, Russia, Kuwait, Iraq, and the United Arab Emirates will all be slashing their production rates. This suggests that the global oil demand isn't as high as we initially thought, for instance, Nigeria is struggling to find buyers for its oil cargo and China's demand isn't picking up as fast as we expected it to.
Is Costco stock a safe bet as a slowdown in consumer spending weighs on sales?
According to a recent press release, Costco experienced a decrease of 1.1% in same-store sales during the month of March. This decline is believed to be due to a shift in consumer behavior towards more cautious spending. As a result, Michael Baker, an analyst at D. A. Davidson, has maintained his "hold" rating on the stock. He notes that the company is expected to earn $3.36 per share in the current quarter, compared to $3.17 per share last year. Despite a year-to-date increase of 7.0% in Costco's stock, some analysts remain cautious due to the company's 33 times earnings ratio.
Shell PLC expects up to $1.2 billion of corporate loss in Q1
🌟Shell PLC (LON: SHEL) finished Friday on a high note! 🚀 The company is expecting a boost in gas output for Q1 2023, which is great news! 😍 However, on the downside, they are predicting up to $1.2 billion in corporate loss due to one-off tax charges. 😔 Integrated Gas may also see some depreciation, but we're keeping our fingers crossed that everything balances out in the end. 🤞
Kinder Morgan vs Enbridge: Which is a better stock to buy?
The prices of crude oil and natural gas have been experiencing a heightened level of volatility due to the fluctuating demand and supply outlook. This volatility has inflicted a negative impact on oil and gas companies, with the Vanguard Energy ETF (VDE) dropping by 2% over the past three months. In light of this situation, investors may wish to contemplate investing in MLPs, which are relatively resistant to such market fluctuations.
- Kinder Morgan and Enbridge are leading oil and gas transportation companies.
- The two firms have strong dividend yields and prospects.
- Kinder Morgan seems like better company to invest in.
How the Night Effect Has Enhanced April Returns
Over the past two decades, we've witnessed a remarkable trend that has left investors surprised and inspired. It's the night effect - a phenomenon that has historically seen equities outperform during local market closures, rather than when markets are open.
The numbers speak for themselves. A closer look at April returns for the SPDR S&P 500 ETF Trust (SPY) between 2003 and 2022 shows that the night trading session has generated an average return of 1.95%, compared to just 0.44% for the day trading session.
The night effect has demonstrated a resilience that investors can learn from. Even during challenging market conditions, the night session has held up remarkably well, with last year's April market crash highlighting this point 🌃🤑. While the day session experienced a significant drop of 7.63% 😱, the night session only declined by 1.24% 💰.
How ETF Trading Spreads Can Mitigate Volatility
ETFs offer a wealth of advantages, from their tax flexibility to their transparency. Yet, their benefits extend far beyond the surface. One such perk is the shield they provide investors from bearing the brunt of the spreads in the ETF's underlying holdings. In the most liquid ETFs, such as the SPDR S&P 500 Trust ETF (SPY), bid/ask spreads become remarkably tight, thus reducing the cost compared to individual stocks, especially those impacted by market volatility.
By understanding the key components of investing in ETFs, including liquidity, supply, and demand, you can unlock the potential to build a strong and prosperous portfolio. So, embrace the power of ETFs and watch your investments soar.
A Month at Six Flags for Treasuries
March, a month of transformation and new beginnings, presented us with an unprecedented situation. We are all familiar with the old saying about the month arriving as a lion or a lamb, but this year, there was a whole new dynamic at play. The recent banking turmoil affected the U.S. Treasury market, causing some unusual trading activity.
As we reflect on these developments, we are reminded of the rollercoasters at Six Flags, which take us on a journey of highs and lows, twists and turns. In this analysis, we will revisit our old friends, the 2-, 5- and 10-Year notes, and gain some perspective on what their yields did during the month.
Although the landscape was choppy, it is important to remember that every challenge presents an opportunity for growth and learning.
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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Enjoy,
frank
