Time-Sensitive If You're On Medicare (Or Enrolling Soon)

Eagle Wealth Management |


Hello Eagle Wealth Community,

Medicare annual enrollment ends December 7th.  If you’re on Medicare (or enrolling for the first time) now is a good time to compare plans, make sure you have the coverage you need, and potentially save money.

It’s no secret that Medicare parts and plans are downright confusing.
So confusing, in fact, that many people unknowingly choose the wrong plan that ends up costing them thousands of dollars in surprise medical expenses from a doctor visit, a treatment, or simply filling a prescription.

Health care costs are one of the biggest expenses retirees face (but can be very manageable with the right knowledge!) which makes choosing the proper plan even more important.

So whether you’re enrolling for the first time, or you’re already on Medicare, we recommend you read our Medicare Guide that will help you choose the right plan.

Inside, you’ll get the answers you need to these critical questions:

  • What do you need to decide before you enroll?
  • Already enrolled?  Could you save money with a different plan?
  • Do you need supplementary coverage or Medigap?

This simple guide takes the confusion out of Medicare to help you confidently choose the plan that’s right for you.

If you have any questions about Medicare or would like personal help comparing options based on price and coverage, we're happy to share a Medicare insurance broker referral with you.  You have until December 7th to decide on a plan or make changes to an existing plan so contact us soon if you’d like some help.


Your Eagle Wealth Team

Introducing Hung Quan, Systems Integrator

One of our goals here at Eagle Wealth is to help you live a fuller life by making things easier for you.  To do that, we constantly evaluate our service offering, look for ways to help you, and bring on new team members when we see an opportunity.
That’s why we asked Hung Quan, MS, to join our team as Systems Integrator. With over 20 years’ programming experience, Hung’s focus is to elevate our technology systems to improve our organization and productivity.  He works to maximize our tools, keep your data secure, and make sure it’s simple to access and understand.  He brings a new point of view to find solutions to help make your life easier.
Originally from Saigon, Hung and his family were sponsored by St. Paul’s Lutheran Church in Missoula, Montana as refugees after the Vietnam war.  Hung stayed in the area and completed a bachelor’s degree in mathematics from the University of Montana.  He went on to earn a Master of Science in Applied Mathematics from the University of Arizona. 
Hung spent over two decades working as a software engineer for an Aerospace company in California before moving to Bend in 2018.   He enjoys the complexity of software and describes programming as an art.
I like the challenge of creating, organizing and simplifying all those steps into an elegant design and logical process”, says Hung.
At home, Hung spends time with his wife, Trang, and their 9-year-old daughter.  Hung feels most at peace in the outdoors.  When not putting together jigsaw puzzles or playing board games with his family, he can be found hiking and exploring all that Central Oregon has to offer.  To support the community, in 2019 he completed a rigorous yearlong training and joined the local chapter of the National Ski Patrol, a volunteer group that helps keep guests safe at Mt. Bachelor. 
Fun Fact:  Hung met Chad while playing community soccer together in San Diego over 20 years ago.  They’ve been good friends ever since.


The Week on Wall Street

A Federal Reserve announcement on tapering, a fresh batch of corporate profits, and encouraging economic data lifted stocks to another weekly gain.

The Dow Jones Industrial Average rose 1.42%, while the Standard & Poor’s 500 advanced 2.00%. The Nasdaq Composite index led, tacking on 3.05%. The MSCI EAFE index, which tracks developed overseas stock markets, added 1.58%.1,2,3

Stocks Power Higher

Stocks marched higher throughout the week, lifted by a succession of positive corporate earnings surprises, optimistic forward guidance by some companies, and healthy economic data. Continued strong third-quarter profits reinforced the narrative that businesses were able to meet strong consumer demand and maintain robust profit margins, despite the headwinds of inflation and supply-chain knots.

Investors were unfazed by the Fed’s mid-week announcement that it would begin its bond purchase tapering plans, in part, because it had long been telegraphed and Fed Chair Powell’s optimistic analysis of the current state of the economy. Also cheered was the announcement of a new COVID-19 antiviral pill and a powerful rebound in job creation, driving stocks to new heights to close out the week.

The Fed Speaks

In an eagerly awaited November meeting of the FOMC (Federal Open Market Committee), the Fed pulled the trigger on its plan to taper monthly bond purchases. Fed tapering will begin this month with reductions of $15 billion per month ($10 billion in Treasurys and $5 billion in mortgage-backed securities) that will end this pandemic-era policy response by July 2022.4

The Fed reiterated its belief that inflation remained transitory, though conceding it had underestimated its acceleration and persistence; it did not expect interest rates to be raised until after the completion of the tapering program. Powell expects inflation to stay elevated until mid-2022 when he anticipates supply-chain bottlenecks to clear.5,6


Key Economic Data

Wednesday: Consumer Price Index (CPI). Jobless Claims.
Friday: Consumer Sentiment. Job Openings and Labor Turnover Survey (JOLTS).
Source: Econoday, November 5, 2021
The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.

Companies Reporting Earnings

Monday:  PayPal Holdings, Inc. (PYPL).
Tuesday:  D.R. Horton, Inc. (DHI), Sysco Corporation (SYY), Palantir Technologies, Inc. (PLTR), DoorDash, Inc. (DASH), Coinbase Global, Inc. (COIN), Roblox Corporation (RBLX).
WednesdayThe Walt Disney Company (DIS), Affirm Holdings, Inc. (AFRM).
Friday AstraZeneca PLC (AZN).

Source: Zacks, November 5, 2021
Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule when they report earnings without notice.