Exactly how I invest my Fidelity HSA! The HSA, or Health Savings Account, is the single most powerful wealth-building vehicle out there. I talk all about how the HSA (Health Savings Account) works, what is an HSA, my Fidelity HSA investments, and a thorough Fidelity HSA review.

***ATTENTION: I have a new Instagram and TikTok handle @itsrosehan ***
That’s my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me.

TIMESTAMPS
00:01:10 – What is an HSA and how does it work?
00:03:40 – Fidelity HSA pros and cons
00:05:00 – Where the HSA fits into your budget
00:07:35 – How to invest your Fidelity HSA

__________

***FREE TRAININGS 🤓***

THE 3 SECRETS TO INVESTING IN TIMES OF UNCERTAINTY 📈
How to build wealth on autopilot, even if you’re scared, totally confused by financial jargon, and tend to get stuck in “analysis paralysis”.
← SIGN UP HERE

$1K ON THE SIDE 💸
3 insider tips to creating consistent monthly cashflow with options trading …even if you’re totally intimidated by it, busy with a full-time job & don’t want to be glued to a screen all day.
← SIGN UP HERE

__________

***BOOKS I RECOMMEND 📚***

I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)

The Little Book of Common Sense Investing (Jack Bogle’s classic advice on index funds)

InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)

Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)

Rich Dad Poor Dad (#1 selling personal finance book of all time… need I say more?)

Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)

________

***MY FAVORITE MONEY TOOLS 🖤***

YNAB (I literally can’t live without this budgeting app, so obsessed)

Wise (like Venmo but for international currencies – I use this app a LOT for my life in Mexico)

High-Yield Savings Accounts (don’t settle for 0% when you can get 3%+ on your savings)

Ledger Nano S (crypto storage hardware wallet, because “Not Your Keys, Not Your Crypto”!):

__________

DISCLAIMERS & DISCLOSURES ❤

This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!

__________

SAY HI ON SOCIAL! 👋🏼
Website:
Instagram:
TikTok:
Pinterest:

…(read more)

LEARN MORE ABOUT: IRA Accounts

CONVERT IRA TO GOLD: Gold IRA Account

CONVERT IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA

Fidelity Health Savings Account (HSA) is not just a mere savings account but also a powerful tool for investment purposes. HSA is particularly useful for people who have high-deductible health insurance plans. Such plans usually have lower monthly premiums, but higher deductibles that can be paid using the funds from the HSA.

Most traditional savings accounts offer next to nothing in terms of interest rates, whereas Fidelity HSA is a powerful investment account that earns interest and can grow your money over time. Here’s how you can invest your Fidelity HSA for maximum financial gain.

1. Understand your goals

Firstly, you need to understand your financial goals. Are you looking for short-term or long-term investments? What are your risk tolerance and investment objectives? Once you have a clear understanding of your objectives and goals, you can invest funds in the HSA accordingly.

2. Contribute regularly

It is wise to distribute your contributions throughout the year to maximize investment opportunities. Contributing the annual limit to your HSA as early as possible ensures that you are earning interest on your maximum contributions for an extended period. Thus, it can help you accumulate more funds over time while also minimizing the risk profile of your investment portfolio.

3. Invest in mutual funds

Fidelity HSA account allows you to invest in a wide range of mutual funds, including low-cost index funds and actively managed funds. Investing in both provides broad exposure to the market, which can reduce risk and potentially result in higher returns over time. Additionally, mutual funds invest in a diverse range of stocks, bonds, or other securities, which can provide a cost-effective way to build and manage a well-diversified investment portfolio.

4. Opt for no-transaction-fee options

Fidelity HSA helps minimize the cost of investing in mutual funds by offering no-transaction-fee options. No-transaction-fee funds do not charge fees when you buy or sell shares. By selecting these options, you can save on related fees and gain added flexibility when managing your investment portfolio.

5. Rebalance when needed

It is essential to rebalance your investment portfolio periodically. Rebalancing ensures that your portfolio remains diversified and meets your investment objectives while keeping your risk in check. Fidelity HSA account offers the flexibility to rebalance your investment portfolio without incurring tax liabilities since HSAs are tax-advantaged accounts.

In conclusion, Fidelity HSA is a powerful investment tool that can help you accumulate significant savings over time. Understanding your financial goals, investing regularly, focusing on mutual funds with no transaction fees, and periodically rebalancing your portfolio can help you achieve the maximum financial gains from your Fidelity HSA account.