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This blog will cover a wide array of topics from trends, markets and financial tips. So keep checking in. Clay Financial is glad to have you reading along. Let me know if you have any questions or concerns.

 

Monday, September 21, 2020

Market Commentary For the week of September 21, 2020 The Markets The major stock indices fell Friday, contributing to their third straight weekly loss. Investors demonstrated concern over uncertainty about an additional round of...

 

Monday, September 14, 2020

Market Commentary For the week of September 14, 2020 The Markets Stocks ended Friday’s volatile session mixed; the NASDAQ ended lower while the S&P and Dow Jones rose. The three major indices all posted steep losses for the week....

 

Tuesday, September 8, 2020

Market Commentary For the week of September 8, 2020 The Markets Despite August’s positive jobs report, stocks fell Friday, and the three major indices saw steep declines for the week. The S&P experienced its worst day in nearly...

 

Monday, August 31, 2020

The sale of Tik Tok has been closely followed by investors. It is looking like Walmart, Microsoft and possibly Apple are the front runners. Whatever company that buys it will have a marketing tool that has every young person under the...

 

Monday, August 31, 2020

Market Commentary For the week of August 31, 2020 The Markets Stocks rose Friday. The Dow erased its losses for the year, and the NASDAQ and the S&P reached new record closes. July’s U.S. consumer spending encouraged investors,...

 

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Friday, August 28, 2020

Hypocrisy The funny thing about politics when you arnt a die-hard fan of a specific side is watching the blatant hypocrisy each side uses when it gains there positions. I see Trump supports blame Joe Biden for having his family in high...

 

Friday, August 28, 2020

Discipline This past week I have been sleeping in until 9 or 930 which is a big difference from 7 or 8 for me. I have been hitting the snooze button and putting off small tasks that I usually did in the morning for the end of the day...

 

Thursday, August 27, 2020

Walmart The forced sale of Tik Tok by the US Government and Trump has been a top priority ever since the middle of the global pandemic. It was well known that Chinese companies and the Government steal IP property and information so...

 

Tuesday, August 25, 2020

Colleges Covid The “smartest” groups of people right now are getting everything wrong it seems. Millions of kids right now are going to college if they haven’t left already. Many schools are blowing up with Covid...

 

Thursday, August 20, 2020

Phone Hack Phones are expensive and nowadays barely has an upgrade when the next lineup comes out. The price goes up and features stay the same. The big scam is that the phone is “faster” when your old phone is so slow...

 

Wednesday, August 19, 2020

LinkedIn and Selling Since the pandemic posts on LinkedIn and the beginning of emails have been tough to read. The usually post on LinkedIn is usually copy and pasted (most social media) but LinkedIn its blatantly obvious because if...

 

Wednesday, August 19, 2020

Mistakes with first rental property If you have never done anything for the first time you are going to make mistakes. Things are simply going to go over your head. It doesn’t matter if you go to school to get your masters or you...

 

Tuesday, August 18, 2020

Friction Modern advancements are under the illusion of being revolutionary and game changing. New technology has been repackaged to seem that it is needed when all it does is cost more money with the only benefit of removing friction....

 

Tuesday, August 18, 2020

People LOVE sharing their political opinions on social media and its makes me want to get rid of my phone and live in Maine. First it was Trump, Russia all that and now its COVID, BLM and what ever Trump takes a stance on. Everyone has...

 

Monday, August 17, 2020

Market Commentary For the week of August 17, 2020 The Markets Stocks ended mostly flat on Friday, with the S&P still failing to achieve a record high. The market appeared to be treading water as investors reacted to modestly improving...

 

Monday, August 17, 2020

Taylor Swift the USPS Authority I was sent a screenshot in a group chat over the weekend of a twitter news alert that Taylor Swift came out with a statement against how Trump is suggesting defunding and dismantling the USPS. I have no...

 

Monday, August 17, 2020

Cars that turn off when stopped. Ive noticed cars ignitions turning over when lights turn green. Were people just turning their car off at stop lights? That seems stupid because doesn’t that wreck the engine or ignition? I...

 

Monday, August 17, 2020

The fact that this new aged tobacco like vape juice and nicotine salts do not cause cancer is a load of bananas. Just like cigs back in the day when they said they were harmless and basically good for you and then everyone was mad when...

 

Sunday, August 16, 2020

Reading Books Reading is the best content to consume. Books will give you a week or more of entertainment depending on how fast you want to knock it out. They are boring so they require disciple unlike having to listen to a podcast or...

 

Sunday, August 16, 2020

Creating Content The majority of people will never make content in their life. It’s a shame because it is a great way to express yourself. Sure, you get freaked out by what other people think about you but realistically no one...

 

Sunday, August 16, 2020

Importance of maintenance I have been lifting since I was in 8th grade fairly steadily. Of course some months off (COVID) and time spent training for other things but for the most part its been a long consistent time. Lifting is hard...

 

Thursday, August 13, 2020

Long distance traveling is probably the greatest way to get to know someone. Being trapped in a plane or car will test the limits of any individual, especially any relationship. In my quarter century on being on this planet I have been...

 

Thursday, August 13, 2020

We are living in the future. It may be a dystopia or a utopia depending on your economic outlook but from a tech stand point we are here. Sure cars cant drive but driverless cars are just around the corner. That blows my mind. How is...

 

Thursday, August 13, 2020

New Economy I think about how people make money a lot. Ive held various positions from the office to yard work. Its essential for people to get the full scope of the work force so they know what its like. A great indicator on how...

 

Thursday, August 13, 2020

Scammers The internet is rampant with people trying to make a quick buck. I probably get one DM a week from some person speaking broken English trying to get me to send them Bitcoin, learn how to trade forex or learn how to day trade....

 

Thursday, August 13, 2020

Spelling In first grade I was a bad speller. I worked OT with teachers on it and most of elementary school I couldn’t spell doctor right. In my first spelling bee I spelled “business” wrong which is fairly ironic and...

 

Thursday, August 13, 2020

Garbage men are the unsung hero of every city and are severely underappreciated. With all the talk of global warming and recycling you would think there would be more of an uproar about the constant trash in the city. Littering makes...

 

Wednesday, August 12, 2020

Recently people have been asking me why I got rid of my XBOX and unfollowed everyone on Twitter. I am a man of environment. We all have our vices buts its important to understand them and put systems in place to either slow them or...

 

Tuesday, August 11, 2020

I recently realized that I can start outsourcing my finance memes at an alarming rate. The worst place on the internet, reddit, may be of use to me after all. Wallstreetbets/ is a panic inducing subreddit were investors basically wager...

 

Monday, August 10, 2020

How do you expect to accomplish anything if you cant sit and do nothing for an hour? Meditation has been a great factor in my small success. I was put onto it by a Joe Rogan guest that went to India or some country to a meditation...

 

Monday, August 10, 2020

I have a small following on social media. Almost 0 really. That is where I get most of my clients from. It blows my mind that some people have more than 1k followers on twitter and are not trying to sell anything. They are just using...

 

Monday, August 10, 2020

Market Commentary For the week of August 10, 2020 The Markets Stocks were mixed Friday, thanks to a slightly better-than-expected July jobs report and gridlock between Democratic leaders and the White House over the next stimulus...

 

Monday, August 10, 2020

“That’s right I am a professional! A young business professional!” I interned in Columbus for a summer and could not believe how many people wore Apple watches and Air Pods. If the person was in any type of business...

 

Monday, August 10, 2020

Working for yourself vs Being employed Working in an office was the most life draining experiences in my life. The two internships I had was me trading my time looking at a clock for “experience” and money. The office jobs...

 

Monday, August 10, 2020

How to buy a home Simply pull some money together and go to a real estate agent. If you qualify for a HUD loan than you need roughly 5% as the down payment. If you do not qualify than its 20% down or a little bit less dependent on your...

 

Wednesday, August 5, 2020

The entire goal of grade 5-12 is basically to just get you into a college. The entire responsibility of preparing you for the real world is then thrusted upoThe fact that it is nearly impossible to obtain a job outside of high school...

 

Wednesday, August 5, 2020

Why haven’t economies of scale kicked in for car manicuring? Do they not have the parts and the materials down pat into a well refined process? They should basically be giving cars away at this point or be making a car that is so...

 

Tuesday, August 4, 2020

Retail traders have flooded the market in mass since the pandemic. With avenues such as Robinhood that allows anyone to trade for free, traders have more of an incentive to throw money at the hot stock of the week. The current climate...

 

Tuesday, August 4, 2020

Linkedin is some weird platform that is usually thrust upon an individual when they are trying to enter the job market. I actually landed my first internship based on my Linkedin page and can say when you are young and you don't have...

 

Monday, August 3, 2020

In the midst of a global pandemic, national riots, mass unemployment, and millions facing eviction the number 1 problem we Americans are facing that needs to be solved ASAP is Tik Tok. Trump is forcing the sale of the dance and vocals...

 

Monday, August 3, 2020

Market Commentary For the week of August 3, 2020 The Markets Stocks closed Friday’s session and the month of July higher after trading lower earlier in the day. Uncertainty over the next stimulus package and falling consumer...

 

Monday, August 3, 2020

When you first start a business you are basically back in preschool. You are learning the ropes and surviving on your own. Everything is new and things are strange. Each day learning something new and improving. You might be starting...

 

Friday, July 31, 2020

The first thing any new investor will do is check out the news. Why not stay informed on the market when it could possibly affect your investments? It makes sense until you have been watching financial news for some time. At first, it...

 

Tuesday, July 28, 2020

The average person can only take in so much information in the day and staying up to date on national and international news will drive anyone insane. Look what happened in blahblah and also in blah blah! Even though it is a 12-hour...

 

Monday, July 27, 2020

Market Commentary For the week of July 27, 2020 The Markets Stocks fell Friday, ending a volatile week of trading and marking the first weekly decline in four weeks. Negative factors included rising concerns of another tech bubble,...

 

Monday, July 13, 2020

Consolidating Retirement Accounts Job changes can leave a chain of stranded 401(k)s under former employers’ plans until retirement. But that may not always be the best strategy. Consolidating can reduce paperwork and make it...

 

Tuesday, July 7, 2020

From young adults beginning a career to current retirees, most Americans share a common concern. Will they be able to maintain their desired lifestyle throughout retirement? They are aware of common obstacles: longevity, health care...

 

Tuesday, June 30, 2020

College Students Face New Challenges Rapidly rising college costs over the last decade have made college planning difficult. This year, COVID-19 has brought new challenges and considerations to college students and their families....

 

Tuesday, June 23, 2020

Short-Term vs. Long-Term Crises It’s difficult to address a long-term issue in the midst of an immediate crisis. With millions unemployed and news of firms going bankrupt because of COVID-19, the latest report on the health of...

 

Wednesday, June 17, 2020

THE MARKETS It was a choppy week on Wall Street amid fears of a second wave of coronavirus infections as states reopen and crowded protests continue. Stocks saw their worst sell-off since March on Thursday after Fed Chair Jerome Powell...

 

Monday, June 1, 2020

As we enter the back half of 2020 the market and economy look to recover from what has been an absolutely crazy past couple of months. The SP500 and Dow Jones have bounced back nicely and investors that did not lose their cool back in...

 

Wednesday, May 27, 2020

Do you change jobs frequently? Well, you could be making some mistakes with your 401k.Many employers will only give you the full match if you are with the company for multiple years. They do this as an incentive to stay at the...

 

Monday, May 4, 2020

Another month in lockdown but somehow this one went much quicker. The virus seems to have reached its peak somewhere in the middle of last month and hopefully, it will subside so some businesses can open back up. Unemployment numbers...

 

Tuesday, April 28, 2020

Covid 19 has been a massive hit to a lot of people financially. Millions losing their income and many more depending on the stimulus check. This is a time to cut costs at every possible point for many people. One thing during this time...

 

Monday, April 20, 2020

You might never meet someone who drinks more coffee than I do. I've been slugging about 3 pots of coffee per day for the past 2 years and before that, it was about 1 pot. I have gotten very good at quitting coffee as this will be my...

 

Thursday, April 16, 2020

For whatever reason, in the past 5 years, there has been a massive uptick in younger people getting scammed into trading bitcoin and forex. Charlatans have been offering advice on how price movements and witchcraft chart analysis can...

 

Wednesday, April 15, 2020

The frequency of job changes has increased over the past few generation and is only being fueld more so by the 2008 housing crisis and the 2020 Covid19 epidemic. Landing a job is no easy task and many factors like a global pandemic can...

 

Tuesday, April 7, 2020

2020 Employee Contribution Limits 401k - $19,500 Older than 50 - Additional $6,500 catchup contribution totaling $26,000 2020 Employer and Employee Contribution Limits 401k - $57,000 or 100% of employees compensation, whatever is lower...

 

Monday, April 6, 2020

The day after I graduated from college I purchased a business at 22. I can write down the entire story of how I was introduced to the seller, how the deal almost fell apart to the sacrafices that I made that ended up closing the deal....

 

Friday, April 3, 2020

March 2020 will go down in history as the month that started the quartine lockdown for US citizens. The effects of this pandemic are changing everything from supply chains, schooling to everyday life. Millions are losing their jobs at...

 

Friday, April 3, 2020

Many people have been introduced to investing and the stock market through free trading apps like Robinhood. This is a low capital investors dream as their break-even point is the amount they have invested instead of having to make up...

 

Thursday, March 26, 2020

The difference between investing and trading are vastly different. Day trading being on the very end of the spectrum and retirement investing on the other. The amount of day traders that can make more return than the S&P500 is little...

 

Wednesday, March 11, 2020

Many think that it is the American dream to purchase a home with the white picket fence and an apple pie cooling off on the window sill but for many, a 30-year mortgage is not possible and simply does not make sense. Prior generations...

 

Tuesday, March 10, 2020

I am going to go into some specific details of what to avoid when looking for an a financial advisor but before we get into those if you do not trust the person who is going to be handling your finances then you need to stop listening...

 

Tuesday, March 3, 2020

2 months in 2020 and we have had the possibility of ww3 and a pandemic. What will March bring? Sharknadoes? Much like the threat of ww3 back in January not coming into fruition, the coronavirus has the same possibility. Once again,...

 

Friday, February 21, 2020

If you want to lose weight you keep track of what you are eating. Same goes if you want to save money. Keeping a budget is one of the most important steps of personal finance because you finally realize that you are the last person...

 

Monday, February 3, 2020

2020 has been off to a crazy start. We have had some major events that impacted the stock market on a grand scale from the potential of ww3 to the global threat of the carona virus. Thanks again for joining the Clay Financial...

 

Friday, January 3, 2020

I hope everyone had a great holday season and better New Years! Hard to believe we are in the new decade. Thanks again for joining the Clay Financial Newsletter. Personal Finance Tip: Emergency Savings - A lot of poeple ask me how much...

 

Tuesday, December 10, 2019

Happy Thanksgiving! One more month of the decade so make it a good one! Thanks again for joining the Clay Financial Newsletter. Personal Finance Tip: Cheap cars - Cars will more than likely be the biggest drain on your finances in your...

 

Thursday, October 31, 2019

Hello, I hope everyone had a spooky month of October! Thanks again for joining the Clay Financial Newsletter. Any and all feedback would be appreciated. Please let me know what you liked, didn't like, what you want to see more or less....

 

Tuesday, October 29, 2019

It does not matter if your business is failing or thriving. If you have any employee, you need to be offering some way for them to invest in their retirement. No employer knows how long their business can last. It could be the next...

 

Tuesday, October 1, 2019

Hello, I hope everyone had a great month of September! Thanks again for joining the Clay Financial Newsletter. Any and all feedback would be appreciated. Please let me know what you liked, didn't like, what you want to see more or less...

 

Friday, July 26, 2019

There is a retirment crisis in America and it is becuase people do not start investing. After working with numerous people of ages and incomes, I have come across an alarming amount of people that do not focus on investing in their...

 

Wednesday, July 10, 2019

A 401(k) plan is a retirement investing plan available to employees by their employers that allows workers to invest a percentage or fixed amount of their paycheck. It is a financial tool that allows your business to attract, retain...

 

Thursday, June 27, 2019

Hello, I am Stephen Poll part owner of Clay Financial. Thank you for your interest in my article. To get an idea if I am qualified to give you any kind of advice on taking this exam, I will go over a little of my background. I...