Here's Your Fortune: HSA Hack, Trump Sectors, AI Skills & Dog Treat Profits

Tomorrow’s Fortune

Welcome to the action-packed newsletter designed to help you navigate the world of business, investing, and technology. You owe it to yourself to stay informed! If you missed last week’s post, check it out here. 😎 

Today’s post is 2,228 words (~5 minutes). Don’t be lazy… let’s get rich!

Cool Fact: The AI That Failed at Language Translation. Google Translate once hilariously mistranslated a phrase, turning "The spirit is willing, but the flesh is weak" into "The vodka is good, but the meat is rotten." Talk about a drink that went south.

Today’s Digest: 

1. NEW VIDEO 👉🏼What is a Health Savings Account? HSA as a Retirement CHEAT CODE

2. Sectors to Watch (and Avoid) as Trump’s Back in Office. Discover which sectors could boom or bust under Trump’s next term.

3. Why AI Skills Are the Ultimate Career Hack for 2024. Find out why employers are going wild for AI skills (and how you can use them to get ahead).

4. Bake, Sell, Repeat: The Ultimate Guide to Selling Dog Treats on Etsy. Learn how to launch your dog treat shop on Etsy now.

KENNY FINANCE ON YOUTUBE!

Back again with a Friday special on YouTube! As I said before, my goal is to touch a million lives through financial wellness and provide the framework, insights, and playbook to be SMART with your money.

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TOP STORY

The Trump Effect on the Stock Market: Winners, Losers, and What to Expect

As Donald Trump prepares to take office again, Wall Street is bracing for some major market ripples. With trade policies, foreign investment, and the dollar all set for a shakeup, investors are looking to figure out where the gains – and the pains – might be. Let’s break down the sectors expected to benefit and those that might get caught in the crossfire.

Markets React – but for How Long?

Markets gave a warm welcome to Trump’s victory, with indices like Nifty and Sensex up almost 1%. The market seems ready for short-term gains, banking on Trump’s pro-business stance. But experts caution that key resistance levels might cap this rally. For Nifty, resistance hovers around 24,650, while Bank Nifty sees some near 52,600.

Treasury Yields and Currency – Buckle Up for a Stronger Dollar

Trump’s policies could trigger a rise in US 10-year Treasury yields, with ripple effects on Indian yields, which might climb above 6.9%. The dollar could also strengthen, impacting emerging market currencies, like the rupee. But the rupee might stay steady thanks to lower oil prices and positive local equities.

The Sector Winners and Losers

1. Energy
   Trump’s approach could mean more oil production, potentially keeping prices lower – great news for India’s oil companies. Bharat Petroleum, Indian Oil, and Hindustan Petroleum could see higher profits with steadier crude prices.

2. Domestic-Focused Sectors
   Banks, infrastructure, and pharmaceuticals may see growth, shielded from any Trump-driven trade issues. Plus, lower rubber and crude prices could boost tire companies.

3. Export-Driven Industries
   A stronger dollar favors Indian exports, but Trump’s “America First” approach might raise trade barriers, especially on products shipped to the US.

4. Technology
   Tech may be in for a rougher ride, as Trump’s policies could slow US-India ties in tech and defense sectors. Consolidation may continue, with mergers and acquisitions likely.

Final Takeaway

Trump’s return could mean both opportunities and challenges for investors. Key domestic sectors might grow, and export sectors could benefit – as long as they dodge potential tariffs. Tech, however, may need a longer recovery time. While the Trump market effect will vary, investors can take advantage of this landscape with a watchful eye on global trends.

BITS OF GOLD

• Apple’s Q4 was sweet, but will the holiday quarter be a blockbuster or bust?

• Apple’s Q4 earnings gave investors a little Halloween sugar rush, with a $94.93 billion revenue spike—up 6.1% from last year! But the real showdown is just around the corner: the holiday quarter, when new iPhones, Macs, and Apple Intelligence are set to shake things up. Analysts are cautiously excited, waiting to see if Apple can turn this season into a record-breaking bonanza or if they’ll just keep us guessing until next year!

• Interest rates fall as Fed eyes balance between jobs and inflation

• The Fed’s playing matchmaker between inflation and the job market! In a unanimous decision, they trimmed interest rates by 0.25%, aiming for that sweet spot between job growth and inflation control. Wall Street cheered, tech stocks rallied, and Jerome Powell assured everyone that, despite the new administration's shifts, the Fed's focus remains steady: a soft landing without economic chaos.

• Cash mountain and no buybacks—Buffett’s got a market message

• Warren Buffett is in full “hold your horses” mode, piling up $325 billion in cash, shrinking his Apple and Bank of America bets, and pressing pause on buybacks ahead of the U.S. election. With a mountain of cash and a chill “I’ll wait” vibe, Buffett seems to think the market’s current ride is best viewed from the sidelines. Investors are left wondering if they, too, should grab some popcorn and settle in for the show.

🏠💸TASTE OF THE FUTURE WITH AI

Why AI Skills Are the New Must-Have for Your Career in 2024

AI is the hottest new skill in town—and it’s taking the job market by storm. In fact, a whopping 71% of employers now say they’d rather hire someone with solid AI skills than a boatload of experience. So, what does this mean for anyone hoping to land that dream job (or a raise)? Let’s dive into why AI could be your new best friend at work and how it’s reshaping what employers really care about.

The AI Takeover is Not Just for Techies Anymore

AI used to feel like something only tech whizzes needed to know about. But now? It’s everywhere. Whether you’re in IT, marketing, HR, finance, or sales, understanding AI can give you a major leg up. And employers are willing to pay top dollar for people who bring this edge. Some companies are even bumping salaries up by 47% for folks who know their way around AI, especially in IT. That’s right, if you’re looking for a big bump on your paycheck, learning AI skills is one of the smartest moves you can make.

Numbers Don’t Lie: Why Employers are Obsessed with AI

Here’s what the data says about the AI craze:

1. AI Skills Beat Experience: More than two-thirds of employers would skip over a candidate if they don’t have any AI know-how—even if they’re great otherwise. AI isn’t just a nice-to-have anymore; it’s becoming the new essential.

2. Less Experience? No Problem!: Want to switch careers or break into a new industry? AI skills could be your ticket. With 71% of employers favoring less experienced candidates with AI knowledge, entry-level workers with these skills are now getting a competitive edge.

3. Fast-Track to Big Responsibilities: AI isn’t just a skill—it’s a rocket booster for your career. Microsoft’s latest Work Trend Index found that 77% of leaders see entry-level employees with AI skills taking on big responsibilities. If you’re looking for growth and more challenging projects, AI skills are the way to go.

So, What’s In It for You?

Having AI skills on your resume shows employers you’re ready for the future. Listing AI capabilities—like understanding generative tools or mastering prompts—makes you stand out. Plus, if you’re just starting out or pivoting to a new field, these skills will help you break through that experience barrier and get noticed. AI is more than just another line on your resume; it’s a career power-up.

The Bottom Line

AI is reshaping every industry, and those who can use it are the ones who will get ahead. If you want to future-proof your career and fast-track your success, this is the skill to invest in. Jump in now and be part of the future of work—don’t just watch it happen.

Other Cool AI News!

• Astera Labs just dropped some jaw-dropping numbers in its Q3 earnings

• Revenue skyrocketed by 47% from last quarter and a mind-blowing 206% year-over-year. The company is on fire, with a 32% operating margin and a cash flow that could make a dragon jealous—$63.5 million. But, don’t get too comfy just yet. The road ahead might involve some bumps, with a product mix shift affecting gross margins in Q4, but hey, Astera’s got a plan to keep growing, and they’re eyeing a $12 billion market by 2028.

• AI recruiters are here to stay, and they’re starting to sound too real

• Job hunting just got a whole lot stranger. Graphic designer Paloma Canseco found herself chatting with a “virtual recruiter” that sounded so real, she couldn't tell if it was a robot or a real person. It turns out, AI is already making its mark in the hiring world, with companies like Chipotle rolling out AI recruiters like Ava Cado. While AI can make the hiring process more efficient, some people, like Canseco, are worried that it’s making things way too impersonal and, frankly, a little creepy.

• Looks like Gen Z and millennials are embracing AI for personal finance advice

• Forget asking your parents for financial advice—Gen Z and millennials are turning to AI. A recent survey revealed that 67% of Gen Zers and 62% of millennials use AI for personal finance tasks like saving, budgeting, and improving credit scores. But before you let an AI tool handle your investments or taxes, experts warn to always verify the advice with a real pro. AI’s great for simple stuff, but when it gets complicated, you might need a little human help (and possibly some common sense).

WHAT ABOUT TODAY’S FORTUNE? SIDE HUSTLE OF THE WEEK 💸

From Bark to Business: How to Make Money Selling Dog Treats on Etsy

Ever wondered how you could turn your dog’s love for treats into a full-blown side hustle? Well, get ready to bake your way into a business by selling dog treats on Etsy! With a love for dogs and a few creative recipes, you can create mouth-watering treats for furry friends and make some cash along the way. Let’s dive into how you can get started with this tasty side hustle.

Overview of this Side Hustle: Starting a dog treat business on Etsy means you'll be baking up some paw-some treats that will have pups wagging their tails with joy! From healthy snacks to birthday cakes for dogs, you can get creative with the treats you make. The best part? You get to work from home, set your own hours, and let your creativity (and your love for dogs) shine in your Etsy shop.

Startup Cost: Starting a dog treat shop on Etsy is way cheaper than opening a physical bakery. You can expect to spend around $150 to $250 to get started. Here's what you’ll need: ingredients for treats ($20-50), baking supplies ($50-100), Etsy fees ($0.20 per listing), and some cute packaging ($50). Bonus points for investing in professional photos and branding to make your treats look even more delicious online!

Capital Intensity: The beauty of this side hustle is that it’s low capital intensity—meaning you don’t need a ton of money to get started! Once your shop is up and running, your main costs will be for ingredients, packaging, and shipping. As you grow, you might want to invest in custom packaging or even hire someone to help you with orders, but for the most part, this is a pretty budget-friendly business.

Interesting Growth Opportunities: You can get creative and make your dog treat shop stand out with seasonal treats—think Halloween-themed dog cookies or Christmas bone-shaped treats! You could also consider offering customized orders for birthday cakes or wedding treats for dogs. Another opportunity? Subscription boxes! Offer dog treat deliveries every month, and your customers’ pups will never have to go without their favorite snacks.

Earning Potential: With Etsy, you could earn anywhere from $500 to $2,000 per month selling dog treats part-time! If you’re selling 100 bags of treats a month at $15 each, you’re looking at a $1,500 monthly revenue. And that’s just getting started! Once your shop grows, you can scale it up and make even more money, especially if you add custom items or seasonal collections.

So, are you ready to make some tasty treats and turn those tail wags into cash? Etsy is the perfect platform for turning your dog treat baking skills into a profitable side hustle. Time to roll up your sleeves, preheat that oven, and start your Etsy shop today! Your future customers (and their pups) will thank you.

This newsletter is for informational purposes only and does not constitute investment advice. The content is based on publicly available information, and the author makes no representations about its accuracy or completeness. Readers should conduct their own research before making any investment decisions.