For those with HSA, do you pay medical expenses out of pocket and invest the rest? I've always done this for 15 years or so. I have a $450ish bill now that I'm considering paying with my HSA funds. Seems like a better investment than putting into the stock market this year. Thoughts?
For those with HSA, do you pay medical expenses out of pocket and invest the rest? I've always done this for 15 years or so. I have a $450ish bill now that I'm considering paying with my HSA funds. Seems like a better investment than putting into the stock market this year. Thoughts?
Question: What are the tax consequences of using an HSA to pay for non-medical expenses? Short Answer: Non-medical HSA distributions are subject to ordinary income tax at all ages, and they are also subject to a 20% additional tax for individuals who are under age 65.
interesting that this taper tantrum has slaughtered stocks but the 2013 taper tantrum didn't...stocks fell only 6% or so. Not sure if that is relevant or irrelevant but interesting.
in 2013, after the bond market chilled out, stocks resumed their climb.
Maybe a relevance would be IF stocks resume their climb this time, after bond yields level out. All hypothetical of course....stocks are still falling off a cliff and yields are still rising.
Where? In his post that you replied to. Are you blind?
I must be.
Here is his post.
Please point out the data he posted:
"multiple signs of inflation moderating quickly. Car prices, shipping costs, wages, PPI all showing less inflationary data...Wednesday's CPI number will be a big one. Sentiment will change in an instant once people see inflation as receding. Which it seems to be doing. meanwhile, the money keeps vanishing. VIX screaming high 34."
Thanks in advance
He posted the “signs”, not data. You know this because you replied that there was “zero sign” of moderation. Nice try at moving the goalposts though.
not sure what your point is...I think a world with 8 billion people can support several data analytics companies.
I just don't understand why anyone would have invested in this. They kept diluting shares and screwing investors.
companies that show high rates of growth attract a lot of investors...they usually rationalize things by saying that growth will overwhelm anything that hurts shareholders in the short term.
interesting that this taper tantrum has slaughtered stocks but the 2013 taper tantrum didn't...stocks fell only 6% or so. Not sure if that is relevant or irrelevant but interesting.
in 2013, after the bond market chilled out, stocks resumed their climb.
Maybe a relevance would be IF stocks resume their climb this time, after bond yields level out. All hypothetical of course....stocks are still falling off a cliff and yields are still rising.
The economy is still strong and demand for workers is at an all time high. This just doesn't feel like much of a big deal to me really.
A bunch of loser companies (that people only used as a slot-machine anyways) are getting blown out - big deal. As long as jobs are being added then this is really just a Twitter fight from some salty perma-bears eager to wag their finger and say "I told you so."
If layoffs start happening at companies that actually matter then I'll start to worry.
Once saw PLTR described as "Call of Duty themed Excel sheets."
It was dumb af, I just got in because of fomo at the time. I don't really get how the company has any type of special sauce in data analytics whenever, when it's a hugely dynamic field and all the core analytic stuff is commoditized by 100 other companies already.
This is my first rodeo in the markets, so a lot of lessons learned. Luckily about 20-25% cash right now, so some dry powder left.
Once saw PLTR described as "Call of Duty themed Excel sheets."
It was dumb af, I just got in because of fomo at the time. I don't really get how the company has any type of special sauce in data analytics whenever, when it's a hugely dynamic field and all the core analytic stuff is commoditized by 100 other companies already.
This is my first rodeo in the markets, so a lot of lessons learned. Luckily about 20-25% cash right now, so some dry powder left.
My cloud engineer friend in Silicon Valley and all his coworker friends at FANG companies have no idea what PLTR does. These are some of the smartest people in the world. They stayed away so I did too.
For those with HSA, do you pay medical expenses out of pocket and invest the rest? I've always done this for 15 years or so. I have a $450ish bill now that I'm considering paying with my HSA funds. Seems like a better investment than putting into the stock market this year. Thoughts?
Question: What are the tax consequences of using an HSA to pay for non-medical expenses? Short Answer: Non-medical HSA distributions are subject to ordinary income tax at all ages, and they are also subject to a 20% additional tax for individuals who are under age 65.
I was asking about using my HSA to pay for a medical bill vs paying the bill out of pocket and investing the $450 in the HSA.
interesting that this taper tantrum has slaughtered stocks but the 2013 taper tantrum didn't...stocks fell only 6% or so. Not sure if that is relevant or irrelevant but interesting.
in 2013, after the bond market chilled out, stocks resumed their climb.
Maybe a relevance would be IF stocks resume their climb this time, after bond yields level out. All hypothetical of course....stocks are still falling off a cliff and yields are still rising.
The economy is still strong and demand for workers is at an all time high. This just doesn't feel like much of a big deal to me really.
A bunch of loser companies (that people only used as a slot-machine anyways) are getting blown out - big deal. As long as jobs are being added then this is really just a Twitter fight from some salty perma-bears eager to wag their finger and say "I told you so."
If layoffs start happening at companies that actually matter then I'll start to worry.
Yeah my current investment thesis is that when the 10 year yield doubles, that will mess up the stock and bond markets but not the real economy.
I believe with medium-high conviction that when the 10year stops rising, Stocks will recover.
"multiple signs of inflation moderating quickly. Car prices, shipping costs, wages, PPI all showing less inflationary data...Wednesday's CPI number will be a big one. Sentiment will change in an instant once people see inflation as receding. Which it seems to be doing. meanwhile, the money keeps vanishing. VIX screaming high 34."
Thanks in advance
He posted the “signs”, not data. You know this because you replied that there was “zero sign” of moderation. Nice try at moving the goalposts though.
He posted nothing in terms of detail.
"multiple signs of inflation moderating quickly. Car prices, shipping costs, wages, PPI all showing less inflationary data"
here's monthly change rather than year over year. You can see some recent moderation of inflation. And granular detail also show this. This goes through march 22...the april number is due on wednesday and is expected to show further moderation.
It's only one month, sure, but the april 22 number should continue the trend, given the disinflationary data from shipping prices, car prices, wages, etc....
0.6% oct 2021 0.5% 0.6% 0.6% 0.5% 0.3% march 2022
The March 2022 annualized inflation rate is 8.54%.
Question: What are the tax consequences of using an HSA to pay for non-medical expenses? Short Answer: Non-medical HSA distributions are subject to ordinary income tax at all ages, and they are also subject to a 20% additional tax for individuals who are under age 65.
I was asking about using my HSA to pay for a medical bill vs paying the bill out of pocket and investing the $450 in the HSA.
here's monthly change rather than year over year. You can see some recent moderation of inflation. And granular detail also show this. This goes through march 22...the april number is due on wednesday and is expected to show further moderation.
It's only one month, sure, but the april 22 number should continue the trend, given the disinflationary data from shipping prices, car prices, wages, etc....
0.6% oct 2021 0.5% 0.6% 0.6% 0.5% 0.3% march 2022
The March 2022 annualized inflation rate is 8.54%.
What is 0.3% represent?
I don’t think you have enough experience with Econ stats to talk about this. Go back and read my posts earlier today. Your answer is there.