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Talking stocks, trading, and investing in general

Omega Male

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Never forget ...

Screen Shot 2021-04-13 at 9.25.10 PM.png
 

otc

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Yeah, why the heck did I sell?

If I hadn't done so and posted about it, you probably wouldn't have done it either!
 

brokencycle

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Yeah, why the heck did I sell?

If I hadn't done so and posted about it, you probably wouldn't have done it either!
Yeah, you prick, I had basically forgotten about it.
 

Marc Voorhees

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High level question.

Should I invest my hsa funds above what my maximum out of pocket per plan year is?

I have 4200 in my hsa, I was thinking of setting automatic investments to kick I once it hits 5000.

Thoughts? Comments? Ideas? I was looking at just picking a vanguard target fund and Just ignoring it.

Thanks!
 

venividivicibj

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High level question.

Should I invest my hsa funds above what my maximum out of pocket per plan year is?

I have 4200 in my hsa, I was thinking of setting automatic investments to kick I once it hits 5000.

Thoughts? Comments? Ideas? I was looking at just picking a vanguard target fund and Just ignoring it.

Thanks!
My HSA makes us keep 1K in cash and lets us invest the rest. Shouldn’t be an issue investing a bunch of your money as selling doesn’t incur taxes
 

Marc Voorhees

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My HSA makes us keep 1K in cash and lets us invest the rest. Shouldn’t be an issue investing a bunch of your money as selling doesn’t incur taxes
Yeah mine has 1k minimum too. I just want to make sure I don't end up having a medical expenses and invested too much. Although, if there is no tax I plication for selling, maybe I do invest it all
 

Texasmade

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High level question.

Should I invest my hsa funds above what my maximum out of pocket per plan year is?

I have 4200 in my hsa, I was thinking of setting automatic investments to kick I once it hits 5000.

Thoughts? Comments? Ideas? I was looking at just picking a vanguard target fund and Just ignoring it.

Thanks!
I set my HSA at $7500 cash and everything in excess gets invested.
 

MrG

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I recently dipped my toe in the crypto water. Basically my pinky toe.

I did a little BTC to trigger the referral fee at Coinbase and then got like $30 of assorted other crypto doing their little tutorials. I'm actually doing pretty well in terms of percentage, but I'm not making any appreciable money given the tiny amounts invested. It's fun to just have a few bucks in it to goof off, and I might add a little cash from time to time, but I don't think I'll be a crypto trader any time soon. Between the nature of the crypto market and my overall ignorance of it, it's flat-out gambling to me in a way that makes equities look conservative.

I also bought some COIN yesterday. Real money but a small percentage of my portfolio. It's been an unpleasant day on that front, but I'm long on it.
 

MrG

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I appreciated your scene on Saturday.

Ha. I have the green version of the gilet Daniel Kaluuya is wearing in that bit. The fact that I noticed it makes me feel all StyleForvmy in a way COVID hasn't let me feel in quite a while.
 

chickenfark

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My e-fund covers my max health insurance OOP costs, since you can always reimburse yourself from your HSA and pay yourself back, so to speak, down the line. Thought process being I want to maximize using that vehicle as much as I can. I have to keep 2k in cash in there and the rest is invested.
 

brokencycle

Stylish Dinosaur
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High level question.

Should I invest my hsa funds above what my maximum out of pocket per plan year is?

I have 4200 in my hsa, I was thinking of setting automatic investments to kick I once it hits 5000.

Thoughts? Comments? Ideas? I was looking at just picking a vanguard target fund and Just ignoring it.

Thanks!
I'm 100% invested. My max out of pocket is like $3k, so whatever I'll just pay it. I rather get that triple advantaged investment gains.
 

jbarwick

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I used to use my HSA funds, now just invest them all except for my wife's weird HSA where the funds are on a debit card and not invested in anything. We use that card then throw the cash into our taxable account.
 

venividivicibj

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I used to use my HSA funds, now just invest them all except for my wife's weird HSA where the funds are on a debit card and not invested in anything. We use that card then throw the cash into our taxable account.
You can do independent HSA funds (for your wife) if you don’t like the plan you’re in
 

otc

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Yeah mine has 1k minimum too. I just want to make sure I don't end up having a medical expenses and invested too much. Although, if there is no tax I plication for selling, maybe I do invest it all
I'm dealing with that right now. I've always had mine at the 1k and invest the rest setting (although it drifts above 1k cash--maybe they only invest once a month/quarter or something).

I tend to not have much medical expense and just pay them out of pocket. I'm not yet willing to play the "save your receipts for 30 years" game, but I just use the maxed-out HSA as an investment vehicle.

But now I have my wife on the plan...which doubled my deductible and out of pocket max to something crazy. Plus she needs more healthcare than me.

So now we are sitting on >1k in bills from some imaging/diagnostic visits and I'm not sure what to do. Do I just go find the Visa that is linked to the HSA and let her pay everything from that? Does it automatically sell if you use up the cash portion?

She's having a hard time mentally dealing with the whole high-deductible/low-premium plan...the bills just feel huge, and then its like "maybe I shouldn't have this done, that seems so expensive".
...Even though had I gone with the standard low-dedictible PPO plan, the extra premiums coming out of my paycheck would cover the cost of the test in a month or two.
 

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