HSBA Getting Started
Transcript of the video:
How to research, monitor and trade with HSBA
A woman searches through a shelf of books in a study.
Narrator [off-screen]: When you have more choices, you have more freedom with your decisions. That's one of the great things about having a Schwab Health Savings Brokerage Account, or HSBA.
A man and woman lounge in a living room, laughing together. The man is typing on his laptop while the woman reads a book.
Narrator: As you already know, your HSBA gives you an expanded list of investment choices, including $0 commissions on online listed stocks and ETFs—allowing you to build your HSBA and plan for future healthcare spending. Now we're going to show you how to use HSBA to make the most of your efforts. Let's start by logging in to your account at Schwab.com.
A Schwab.com dashboard rises from the man’s computer and appears above the couple, then expands to fill the screen. As the narrator describes actions and processes, the screen displays them.
Narrator: You'll see your entire relationship with Schwab on the summary screen. From there, you can launch into your HSBA account. Go ahead and click the "Balances" tab. This will show you your account balances for a selected period and give you a detailed view of cash available to trade or withdraw for your health-spending needs through your HSA provider.
Okay, now let's get into the fun stuff.
Chapter 1: How to research
A woman sits with her dog in a sunny room, working on a laptop. A domestic equity trade page emerges from the laptop.
Narrator: If you love to do your research before you make decisions, HSBA comes with lots of resources to help you out. Let's take a look at what they are and how you can use them.
Schwab Select Lists and Stock Lists
A personalized Schwab.com page appears and displays an ETF Select List®. As the narrator describes actions and processes, the screen displays them.
Narrator: A good place to start is Schwab Select Lists for ETFs and Mutual Funds, and Schwab Stock Lists® for stocks. Let's look at one example. Click the "Research" tab, then "Exchange Traded Products," then "Select List." Here you can you find expert-selected, commission-free listed ETFs to add to your portfolio.
Schwab online screener tools
As the narrator describes actions and processes, the screen displays them.
Narrator: You can also screen your choices yourself using our online screener tools, like for identifying socially responsible investment funds.
Click the "Research" tab, then the type of investment, like "Stocks," then click "Screeners." You can use our predefined screens or input your own criteria. The custom screens you create can be saved and rerun at any time.
Schwab Equity Ratings
A Schwab Equity Ratings Performance page appears. As the narrator describes actions and processes, the screen displays them.
Narrator: Schwab Equity Ratings can help narrow your search even further. Click the "Research" tab, then under "Stocks" click "Schwab Equity Ratings® Performance." Schwab Equity Ratings provides ratings for approximately 3,000 U.S. stocks and 4,000 international stocks each week. Use these ratings to help you decide whether you want to buy, sell, or hold a particular stock. Ratings of A through F make it easy to identify stocks that may outperform or underperform the market in the next 12 months. Lists of rated stocks can be found at schwab.com/schwabequityratings.
Lists of rated stocks can be found at schwab.com/schwabequityratings.
A woman wearing a button-down shirt works on a laptop.
Chapter 2: How to trade
As the narrator explains how to navigate the "Trade" section of the Schwab.com dashboard, the screen displays the steps.
Narrator: Ready to take action? If you're still logged in, click "Trade," then select the type of investment you want to trade, or click "All-in-One" to trade multiple types of securities at the same time. Enter the security information, such as symbol, the action you want to take, share quantity, and order type, then click "Review Order" and complete the other two steps: "Verify Order" and "Order Received." If you want to follow a specific stock before you trade it, click "Watchlist" and then "Create List." Click on "Show positions for account" or enter the ticker symbol to begin. You can review the watchlist based on various criteria, including analyst ratings, price performance, and valuation ratio.
The screen continues to display navigation steps for the “Trade” page.
Narrator: Not really sure what you want to trade? We have tools for helping you figure that out. Click the "Trade" tab, then "Trading Tools." Here you can find helpful trading educational materials and information on trading platforms.
If you're looking for a good place to start trading, go to Trade Source®. It's like your trading command center. Let's look at some of the features. The "Portfolio" tab shows your account balances, positions, news, and more. The "Markets" tab provides various market information, including data on global indices, stock market updates, and heat map views of the market based on criteria you set. The "Ideas" tab is where you can find stocks based on specific trade strategies you can screen. As you can see, Trade Source gives you virtually everything you need in one dashboard.
Your HSBA may also allow you to work with your own investment advisor.
Narrator: Your HSBA may also allow you to work with your own investment advisor.
Narrator: As you begin thinking through trade ideas, you'll want to plan out your investing strategy. If you'd like to use dollar-cost averaging as part of your strategy, our Automatic Investment Plan can help you with that.
As the narrator explains how to navigate the "Trade" section of the Schwab.com dashboard, the screen displays the steps for automatic investing.
Narrator: Click "Trade" in the top menu bar, then "Mutual Funds," and select "Automatic Investing." You can make regular investments of $100 or more in a fund that qualifies for the investments from Schwab's Mutual Fund OneSource® service. To enroll a qualifying mutual fund, click "How to Get Started" in the "Automatic Investing" tab.
Narrator: If you're looking for a low-cost way to invest, you can try Schwab Stock Slices™.
The Schwab "Products" page appears. As the narrator explains how to navigate it, the screen displays the steps.
Narrator: Click "Products," then "Investment Products," then click "Schwab Stock Slices" from the list of options. This trading option lets you purchase shares in America's leading companies in the S&P 500® for as little as $5 each, even if their shares cost more. Purchase a single stock slice or up to 10 different stock slices at once, commission-free online.
Chapter 3: How to monitor
A woman with brown hair sits at a desk, typing on a laptop. The screen she's looking at emerges from the laptop, displaying her asset allocation information.
Narrator: Once you start buying and selling securities with your HSBA, you'll want to monitor your investments to make sure you're on track for what you want to achieve. Let's look at some helpful ways you can do that.
Schwab Portfolio Checkup
Narrator: Want an easy way to evaluate your portfolio performance? Subscribe to the Schwab Portfolio Checkup®.
As the narrator explains how to navigate the "Accounts" section of the Schwab.com dashboard, the screen displays the steps.
Narrator: Click "Accounts" and then "Portfolio Performance." This tool analyzes your portfolio to make sure your target asset allocation matches with the goals you set.
Positions and history
The narrator continues to explain how to navigate the "Accounts" section as the screen displays the steps.
Narrator: To see where you stand and review past performance of your investments, first click "Accounts" in the menu bar and then click "Positions," then "Settings." You can customize your settings by selecting what you would like to see in your Positions report. Click "Apply" to save any changes you make. Now click "History." Here you can get detailed transaction history of your selected accounts and review realized gain/loss information. Click the "View Unrealized Gain/Loss" link to switch your view to the unrealized gain/loss data.
Narrator: Speaking of gain/loss data, a helpful monitoring tool is the Gain/Loss Analyzer, which can be found in Trade Source.
The "Trade Source" page appears. As the narrator explains how to navigate the page, the screen displays the steps.
Narrator: Click "Trade" in the menu bar, then click "Trade Source," then look for "Gain/Loss Analyzer." This view lets you evaluate the gain/loss performance of your stock and ETF trades over a given timeframe. You can view and interact with a more graphical representation of transaction details with the bubble chart.
Alerts and portfolio security
Narrator: Staying on top of activity within your account can be a little easier to do if you know when it happens.
The "Service" page appears. As the narrator explains how to navigate the page, the screen displays the steps.
Narrator: Under "Service" in the menu bar, click "Alerts." Here you can set up the types of information you want to be notified about. Just make your selections and click the "Update" button to confirm. You can even set up how you want to be notified. Click "Edit Delivery Options." Make your edits and click "Submit" to confirm your changes.
It's important to note that Schwab takes account security very seriously, and our security measures are designed to keep your personal information safe. You can learn more at schwab.com/schwabsafe.
Our security measures are designed to keep your personal information safe. You can learn more at schwab.com/schwabsafe.
Chapter 4: How to go Mobile
Narrator: A lot of what you can do on your desktop, you can do on your mobile devices.
A bearded man walks down the street looking down at his phone. The Schwab Mobile app screen appears next to him, scrolling up and down.
Narrator: Download the Schwab Mobile app, available through the Google Play™ store and Apple® store, so you can manage your HSBA and stay on top of your portfolio while you're out and about. With the app, you can make trades, view market data in real time, set up watchlists, get breaking news, and monitor specific orders and positions with tools optimized for mobile. You also have quick access to more commonly used features, such as Personal Performance and History—all right on your device.
So, that's it. Now you have a small taste of what's available to you with your HSBA. Hey—everyone loves having choices. We hope you're now more excited than ever about decisions you get to make with yours. If you need assistance or have questions, you can call us at 1-800-472-0084. Learning workshops can also help. Visit Schwab.com to find one near you.
Call 1-800-472-0084 for assistance 24/7.
HSBA Registered Representatives are available Monday–Friday, 9:00 a.m.–7:30 p.m. ET.
Visit Schwab.com for more information
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