HSAPAY's week 10 of 30 funding for Baby Plan
Mar 16, 2023 6:02 pm
Welcome back ,
Here's HSAPAY's weekly update for March 13th, 2023..
HSA Weekly Roundup
- Dividends in my HSA, YES Please!!!
- Standing up for women's health on International Women's Day
- Consumerism, Customer Experience at Healthcare’s Forefront
- Elevance Health: Long Covid Patients Are at Increased Risk for Cardiovascular Problems, Mortality
- Zocdoc Partners With Zaya Care for Pregnancy, Postpartum Services
3-6 Month HSA Investment Return Entries
- Aviva share price doji pattern points to a false breakout
- Lloyds share price: Do we have another global bank crisis?
- S&P 500 index analysis: Dark clouds descend over US stocks
- Silicon Valley Bank drops another 45%, weighing on the bank sector again
6-9 Month HSA ETF Investment Entries
- KBE ETF stock: Don’t catch a falling knife amid bank runs
- The impact of inflation on investments
- European Equities Lead Broad U.S. Indexes Despite Thursday’s Decline
- BondBloxx’s Gallegos: Bonds Are Back Because Yields Are Back
- Goldman Sachs Launches Community Municipal Bond ETF
- Vanguard Launches Short-Term Tax-Exempt Bond ETF
Precious Metal & Macro Rundown
- Stock Picking Is Risky – Look to Profit Cycles Instead
- Debt/GDP Ratio: Beware "Real Analysis"
- Strong Hands Snapping Up Gold, Price Drivers and Trends to Watch
- A Better Cycle for Copper in the Next 10 Years, Says Vizsla Copper Exec Chair
Dividends in my HSA, YES Please!!!
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NYSE:AXP American Express Co. Dividend Announcement $0.6000 per share on March 8, 2023. DIvidends are the sauce to growing your HSA. #hsapay | ||
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Are you looking for a way to make your Health Savings Account (HSA) work even harder for you? 💪 Look no further than dividends! 💰 Dividends are a great way to earn extra income on the funds you have invested in your HSA. 💸 Essentially, dividends are a portion of a company's profits that are paid out to shareholders, and if you have stocks or mutual funds in your HSA, you may be eligible to receive dividends. Not all HSA accounts offer dividends, so it's important to do your research and find one that does. Once you've found an HSA with dividend options, you can then choose to reinvest your dividends, which means using them to purchase more shares or mutual funds.
Standing up for women's health on International Women's Day
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Until 1993, clinical drug trials were not required to include women in studies. It has only been 30 years since all drugs in the United States have been produced and sold to women knowing how the substance might affect their bodies. #healthcare #women #hsa | ||
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Consumerism, Customer Experience at Healthcare’s Forefront
Healthcare consumerism and prioritizing the customer experience to boost loyalty are key focus areas for providers and payers in the months and years ahead.
Elevance Health: Long Covid Patients Are at Increased Risk for Cardiovascular Problems, Mortality
A recent Elevance Health study found that long Covid patients are 2.35 times more likely to experience cardiac arrhythmia and 3.64 times more likely to experience pulmonary embolism.
The study also discovered higher mortality rates among long Covid patients.
Zocdoc Partners With Zaya Care for Pregnancy, Postpartum Services
Through the partnership, patients can find and book appointments with Zaya’s providers via Zocdoc’s website or app.
The partnership represents the first time Zocdoc will have lactation consultants available on its marketplace, said Dr.
Oliver Kharraz, Zocdoc founder and CEO.
Aviva share price doji pattern points to a false breakout
🚀 Aviva (LON: AV) share price hit a 🌟 record high this week after publishing 💪 strong financial results. It rose by nearly 40% from its lowest level in 2022, forming a long-legged doji pattern. However, the stock took a 📉 dive on Friday due to the bond market and 💰 cash call concerns. Even major financial services companies like insurance, private equity, and banks experienced a 🤕 downturn.
However, the recent performance of the bond market has had a profound effect on the global financial market, resulting in a negative sentiment that affected the shares of Aviva and other major financial services companies, including Lloyds Bank and private equity firms. The bond market's instability has also led to concerns about penny stocks, prompting Silicon Valley Bank to call for rapid cash injections. Despite the market volatility, Aviva continues to demonstrate a strong performance in its business operations, and its outlook remains positive.
Lloyds share price: Do we have another global bank crisis?
On Friday, Lloyds (LON: LLOY) experienced a significant decrease in share price due to the ongoing trend of global banking groups selling off. The stock dropped to its lowest level since January 20th, reaching a low of 49p. In fact, Lloyds' stock price has decreased by more than 7.7% from its highest point this year. This event was not exclusive to Lloyds, as other UK bank stocks like HSBC, Barclays, and NatWest also experienced a decline.
There are concerns about a potential banking crisis as many American peers, such as JP Morgan and Goldman Sachs, also experienced a retreat. The SPDR Bank ETF has also fallen. This trend was triggered by the collapse of Silvergate Capital and the near-collapse of SVB, the parent company of Silicon Valley Bank. This raises the question of whether we are on the cusp of another global banking crisis, similar to the one experienced in 2008.
S&P 500 index analysis: Dark clouds descend over US stocks
💔 Oh no! The S&P 500 index took a dive 😱 as banks started collapsing left and right 🏦. The blue-chip index hit a new low of $3,918 😭, the lowest it's been since January 20th. It's dropped by over 6.7% from its peak this year, which means it's getting dangerously close to being corrected 📉. Investors are getting worried 😟 and it's not looking good. Just this week, Silvergate Capital had to shut down 💔 and SVB stock prices plummeted by a whopping 60% 😱. Even top venture capital firms are pulling out their funds 😬. It's a tough time for the financial market 💸.
One of the primary concerns for investors is the increasing number of bank collapses in the United States. This trend has caused widespread worry and uncertainty in the financial industry. For example, Silvergate Capital recently announced that it was liquidating its company due to concerns about its business practices.
Silicon Valley Bank drops another 45%, weighing on the bank sector again
Silicon Valley Bank, also known as SVB Financial Group, experienced a significant drop in their stock value for two consecutive days, leading to concerns of potential heavy losses on their bond portfolios. The CEO, Greg Becker, reportedly held a call with clients to address their concerns after the stock plummeted by 60% on Thursday.
However, the shares continued to drop by another 62% in premarket trading on Friday and were subsequently halted for pending news. Regulators ultimately shut down the bank midday Friday and announced that insured deposits would be protected by the FDIC. It was reported that SVB was in talks to sell itself after unsuccessful attempts to raise capital, but rapid deposit outflows made it challenging for any buyer to realistically assess the situation.
KBE ETF stock: Don’t catch a falling knife amid bank runs
On Thursday, the stock price of the SPDR S&P Bank ETF (KBE) experienced a significant drop amidst increasing challenges in the banking industry. It hit a low of $42.64, the lowest level since July 14 of the previous year. KBE has been performing poorly this year, with a decline of over 16% from its year-to-date high, making it one of the worst-performing sector indices.
KBE is a significant bank ETF globally, with assets of over $1.5 billion. It comprises some of the largest banks in the US, including SVB Financial, Voya Financial, Citigroup, and Bank of New York Mellon, according to SeekingAlpha.
The impact of inflation on investments
Discovering methods to safeguard your investment portfolio against the negative effects of inflation is essential in today's economic climate. The current reports indicate that inflation has reached its highest point in 2022, causing financial setbacks for individuals and businesses alike due to a decline in consumer spending.
Inflation refers to the continuous increase in the general price level of goods and services within an economy over time. Business experts, such as Research Prospect, describe inflation as a persistent surge in the cost of living, often measured by the Consumer Price Index (CPI).
Investors must be wary of inflation as it can diminish the purchasing power of their investments over time. Furthermore, inflation can have an impact on the economy and financial markets, leading to changes in interest rates, stock prices, and bond yields. Therefore, it is crucial to explore the consequences of inflation on investments and explore effective methods for protecting portfolios from these effects.
European Equities Lead Broad U.S. Indexes Despite Thursday’s Decline
💔 European stocks closed slightly lower on Thursday due to investor concerns over higher for longer interest rates. Meanwhile, U.S. stocks were up in morning trading but took a turn midday, with the S&P 500, Nasdaq, and Russell 2000 each down over 1% in midday trading. 📈 Investors looking to boost their portfolios with European equities may want to consider the ALPS O’Shares Europe Quality Dividend ETF (OEUR), which has outperformed broad U.S. indexes year-to-date. 💪 “Advisors have been turning to European equities as an alternative to a home bias. High-quality European companies like those in OEUR are more likely to hold up during market volatility,” said Todd Rosenbluth, head of research at VettaFi. 🚀 OEUR has gained 7.1% year-to-date through March 8, while the S&P 500 has increased 4.3.
BondBloxx’s Gallegos: Bonds Are Back Because Yields Are Back
Investors are reconsidering their portfolios amidst uncertainty in the stock market, with some turning to short-maturity Treasuries. The two-year Treasury yield has reached almost 5%, the highest since 2007, making it an attractive option for those seeking a risk-free investment. This shift in yields is largely due to the Federal Reserve's decision to raise interest rates by 425 basis points over the course of last year. Experts suggest that investors should consider allocating towards the U.S. Treasury space to address cash needs. Duration-specific Treasury ETFs are emerging as a more precise and cost-effective way for investors to gain exposure to this area of the market.
These Treasury ETFs offer investors a more precise and cheaper way to get 📈.
HSAPAY members love increases to their portfolios when they least expect it.
Goldman Sachs Launches Community Municipal Bond ETF
Goldman Sachs Asset Management has recently introduced a new exchange traded fund, the Goldman Sachs Community Municipal Bond ETF (NYSE Arca: GMUN), which aims to provide its investors with exposure to tax-exempt municipal securities, while maximizing tax efficiency. The ETF seeks to offer investment results that closely correspond to the performance of the Bloomberg Goldman Sachs Community Municipal Index, which is a rules-based index crafted to track the municipal securities market, focusing on securities with remaining maturities ranging from one to 15 years.
The fund also incorporates certain social or environmental factors in its screening process. The portfolio of GMUN will primarily concentrate on investment-grade municipal bonds, with maturities ranging from one to 15 years. By focusing on this particular segment of the municipal bond universe, the fund will aim to deliver diversified market exposure, with lower duration and higher credit quality than the broader municipal market.
Before considering adding this to your HSA portfolio, GMUN has an expense ratio of 0.25%. -- HSAPAY
Vanguard Launches Short-Term Tax-Exempt Bond ETF
🎉Exciting news! Vanguard just launched the Vanguard Short-Term Tax-Exempt Bond ETF (NYSE Arca: VTES)! 🙌 This new municipal bond index ETF is perfect for tax-sensitive investors with a short-term time horizon and low interest rate risk tolerance. VTES mainly invests in short-term investment-grade municipal bonds and tracks the S&P 0-7 Year National AMT-Free Municipal Bond Index. 📈 Managed by Steve McFee, the fund has an expense ratio of 0.07%. According to Sara Devereux, global head of Vanguard Fixed Income Group, "Vanguard Short-Term Tax-Exempt Bond ETF is built to optimize tax efficiency for investors seeking to allocate to the shorter end of the municipal bond market."
😍 This new addition to Vanguard's broad fixed income lineup provides clients with another opportunity to tap into their municipal bond team's talent and capabilities.
VTES 🙌 It's a great addition to the Vanguard Tax-Exempt Bond ETF (VTEB) which has a duration of around five and a half years. But wait, here's the twist - the duration for VTES is only around two and a half years! 😮 According to Todd Rosenbluth, head of research at VettaFi, VTEB has been a hit with advisors and end clients, with $12 billion invested in the past year alone 🤑 But with interest rates on the rise, Vanguard is now offering a lower-risk option to protect against potential downsides in the future. 📈 So, whether you're a seasoned investor or just starting out, VTES could be the perfect addition to your portfolio! ✨
Ask the team at HSAPAY if you need help on adding ETF's to your portfolio
Stock Picking Is Risky – Look to Profit Cycles Instead
Investors often wonder which stock to pick between Apple Inc. and Microsoft (MSFT). However, answering this question can be complex and challenging as there are multiple factors to consider, including SEC filings, earnings reports, tech charts, P/E ratios, and sentiment, among others. Even after analyzing such data, it can quickly become outdated and rendered irrelevant. This is why stock picking is considered risky, and investors may benefit from examining profit cycles and sectors that are well-positioned to thrive in a particular market environment.
Beyond the complexity of stock picking, there are additional challenges to consider. One such challenge is the cost associated with stock picking, including commission costs and management fees, which can add up and go unnoticed. Additionally, stock picking can be emotionally charged, leading investors to make impulsive decisions and further compounding the cost issue. Thus, investors must carefully weigh the risks and challenges of stock picking before investing their hard-earned money.
📈 Investing in stocks within your HSA portfolio can be exciting! You have the potential to earn higher returns, but remember: 🤔 higher risk means there's a possibility of losing money. 🙅♀️ Don't put all your 💰 into risky stocks that could jeopardize your ability to pay for healthcare expenses. HSAPAY
Debt/GDP Ratio: Beware "Real Analysis"
📈 The Fed debt-to-GDP ratio caught my attention! And guess what? It's gone down from 135% to 120% (according to FRED's latest data). 😱 But don't be fooled by this 15% drop, it's not just about "real" variables or long-term equilibrium values. 🤔 Let's not get too serious with our analysis, okay? Let's just enjoy the chart! 📊
Strong Hands Snapping Up Gold, Price Drivers and Trends to Watch
Hey there! Gold is currently trading at around US$1,830 per ounce, but it has pulled back from its high of US$1,950 on February 1. According to David Erfle, editor of Junior Miner Junky, this pullback is simply a consolidation of a huge move. He believes that gold has fairly strong support at the US$1,780 to US$1,800 level, with resistance at US$1,850 and US$1,900. Erfle also mentioned that if gold can close above US$1,900 on a weekly basis, it could bring more bullish sentiment back into the market. The important price point for gold is US$2,000, which has been so for over a decade. Erfle noted that while gold has had daily and weekly closes above US$2,000, it has yet to have a monthly close above this level. He believes that once that happens, we'll see the move that everyone has been
🤑 We've been closing above $2,000 daily and weekly, but we're yet to hit that monthly close above $2,000. Erfle thinks that's when we're going to see the big move everyone's waiting for! On the bright side, central banks have been buying gold which is super exciting! 😍 But unfortunately, retail investors are selling off their gold ETFs. 😢
A Better Cycle for Copper in the Next 10 Years, Says Vizsla Copper Exec Chair
Vizsla Copper (TSXV:VCU) Executive Chairman Craig Parry shared his insights on the copper market, explaining how growing demand for copper could lead to good fortunes over the next decade.
“What we're seeing is a global phenomenon — the electrification of the planet, the move towards electric vehicles — and this future-facing metal, I think, is set to do better than it did last cycle because of the size of that demand increase that's coming,” Parry said.The company executive said that about a 30 percent increase in demand is coming by the back half of this decade due to serious supply-side constraints that have only gotten worse over the last 10 years of downturn in the mining sector.
“You've seen major copper mines go deeper, grades are coming down — they're struggling to keep up with production," he said.
"And then you match that with permitting issues and challenges in raising capital and developing projects.
And I just can't see how we can possibly keep up.
😔Unfortunately, this downturn is causing a shortage of projects moving forward🚫📈. Big suppliers won't be able to keep up with demand, and even the older mines are struggling. There are many reasons for this, including a lack of investment and tougher mining regulations🤔. The challenges we face seem almost impossible to overcome🤯... but maybe if we offer higher prices as an incentive💰, we can start developing projects over the next decade and meet the growing demand💪.
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
