Clayton Taylor Financial Advisor

Markets Tanked Unexpectedly. What American Money Pros Are Telling Clients. Financial advisors say recent market volatility has created new opportunities, and they argue that the economy remains sound.

Market gyrations reflect fears about the unwinding of QE Bountiful free money is not a “normal” state of affairs, and the sooner investors realise this the better — whether they are mom’n’pop savers, private equity luminaries, hedge funders or those central bankers.

Has the U.S. Economy Reached a Tipping Point? As America teeters between a soft landing and recession, uncertainty is weighing on consumers and businesses.

July Turned the Stock Market Upside Down. Will It Stay That Way? July was the month the stock market was turned on its head. The tech stocks that powered market gains in the first six months of the year stumbled while small-caps, which had just barely recovered from 2022’s bear market at the start of the month, surged.

Gold Medal Leadership: 5 Winning Lessons From Olympic Sports From embracing your butterflies to acting with courage, what can leaders learn from the greatest athletes on Earth?

15 Ways To Strengthen Your Finances Ahead Of A Possible U.S. Recession Discover strategies and considerations that can help you navigate your finances and prepare for a US economic downturn.

Market Week: June 10, 2024 (Video) Find out more

Real Estate Roundup: Feeling the Impact of Higher Rates Commercial property values have been hit harder by rising interest rates than home values.

Featuring an extra special teacher and her Amazon wishlist! Coach Ed is a freshman English teacher and coach at Blanco high school. She coaches volleyball, basketball, and track. https://www.amazon.com/hz/wishlist/ls/1EJDWQ17DJ28?ref=cm_sw_sm_r_un_un_zu6fHIZysbNJF

Platinum Wealth Solutions of Texas wants to help for the teachers in our community! Comment below with your wishlist link (or the link of someone you know) and we will try to help as many teachers as possible!

LET'S HELP CLEAR OUR TEACHERS' CLASSROOM WISHLISTS!
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We had such a fun time buying items for the teachers in our communities last year that we are doing it again! As we near back to school season, many teachers have created wishlists on Amazon for classroom supplies. If you are a teacher, or you know a teacher, please comment below with the link to the wishlist! We'll try to help as many teachers as we can!

On June 30, 2023, the U.S. Supreme Court announced its decision striking down an executive order that allowed for the cancellation of up to $10,000 in federal student loans for certain borrowers, meaning payments will resume in October.

U.S. Supreme Court Blocks Student Loan Cancellation, Payments to Resume Three important developments happened recently in the world of federal student loans.

The Fiscal Responsibility Act of 2023, signed into law on June 3, suspends the federal debt ceiling until Jan 2025 and includes a number of spending cuts.. Our latest article highlights some of the significant provisions in the legislation.

Fiscal Responsibility Act of 2023 The Fiscal Responsibility Act of 2023 suspends the federal debt ceiling and includes some spending cuts.

The DIY craze is in full effect. But DIY wills? Is that really a thing? Yes! But there are risks attached. Here are a few to keep in mind.
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Planning to Write Your Own Will? Here's What You Need to Know Writing your own will is more affordable than hiring a lawyer. However, there are many laws that need to be followed in order for your will to be considered legal. Making sure you're signing it properly, knowing your state laws, and consulting a lawyer are ways to make sure your wishes are honored .

As we continue to await a resolution with the current impasse on both sides surrounding our nation's debt ceiling, here are some answers to questions you may have surrounding the debate: https://www.broadridgeadvisor.com/kt/HtmlNL.aspx?pvw=32AEDE71DB500548EA2CE19B983E4C6F1BA414E9B0E73562379078AAB182F7D9E3DB7542A08B498DF9DEBDC98482C8496D750ADC57E681E94E81E4630A5759022031D5EDAF3B77AC191E5F11C29D6012E5408C0C076F66709336241DB1103079AEB2B31E0E16711BF72E7680E02D5595F966DD3805778D5DD969E41AD53FF5FE9FC1178E1568FF6709758E110ECB93C3&platform=li

Starting this year, the new clean vehicle tax credit may be available to help offset your cost to purchase certain electric, plug-in hybrid, and fuel cell vehicles.

New Clean Vehicle Tax Credit Guidance Issued Starting in 2023, a tax credit is available for the purchase of qualifying new clean vehicles.

Social Security and Medicare, the cornerstones of America's Safety Net, face serious fiscal challenges that require Congressional action. And the longer Congress waits to act, the more extreme the solutions will have to be.

Rescuing America's Safety Net Social Security and Medicare may see benefit reductions unless Congress takes timely action.

The provisions of SECURE 2.0 help small employers provide their employees with access to retirement savings vehicles. Here's a look at some of the tax perks, rules changes and incentives in the legislation:

SECURE 2.0 Helps Small Employers Help Their Employees The SECURE 2.0 Act ushered in many provisions that make it easier for small businesses to offer retirement plans.

SECURE 2.0 was enacted in December 2022 and adds new early withdrawal exceptions for retirement plans. Learn more in the linked article.

SECURE 2.0 Adds New Early Withdrawal Exceptions The SECURE 2.0 Act added exceptions to the 10% penalty for early withdrawals from retirement accounts.

You have until your tax return due date, excluding extensions, to make your 2022 IRA contributions!

There's Still Time to Fund an IRA for 2022 You have until your tax filing deadline to make an IRA contribution for 2022

The collapse of SVB caused concern for many Americans about the strength of their bank or credit union, but most don't need to worry.

U.S. Banking Crisis: Should You Be Worried? Most individuals don't need to worry about funds they have in their bank or credit union.

The IRS has determined the federal income tax status of special payments made by 21 states in 2022.

IRS Issues Guidance on State Tax Payments The IRS has identified 21 states that made special payments to taxpayers in 2022. After a review of those special payments, the IRS has determined that taxpayers in many states will not need to report those payments on their 2022 federal income tax returns. Special payments in four of those states s...

Here is a great piece regarding the current banking crisis from one of my favorite third-party money managers. If you or someone you care about has questions or concerns, I am never too busy to take your call at 210-998-5018.

SECURE 2.0 includes significant changes to the rules that apply to required minimum distributions from IRAs and employer retirement plans.

SECURE 2.0 Act Seeks to Boost Retirement Readiness SECURE 2.0 Act Seeks to Boost Retirement Readiness

Every year, the College Board releases new college cost data and trends in its annual report. Here are the key findings for this school year

College Cost Data for 2022-2023 School Year Find out how much college costs increased for the 2022-2023 school year.

Here are some things to consider as you weigh potential tax moves between now and the end of the year.

2022 Year-End Tax Tips Here are some year-end tax tips to consider.

Legislation that could benefit people with IRAs and workplace retirement plans is currently moving through the House and the Senate.

Retirement Legislation Awaits Further Action Legislation moving through Congress could aid tax-favored IRAs and retirement plans.