Precious Metals Market Bubble Housing Now a Buyer’s-Market No Tax on Overtime

In this episode of the Planned Solutions Podcast, Gold and silver prices increased sharply over the past several years, originally spurred by increases in global central bank buying. These big price increases caught the attention of other investors and market speculators, causing prices to surge to major highs. However, the recent massive selloff in gold and silver may be a sign that the speculative bubble is unwinding. This could make gold and silver far riskier investments going forward, as prices may be dictated by always-changing investor psychology rather than solid fundamentals. The housing market became a strong seller’s market during the COVID years, with bidding wars and all-cash offers the norm. Then the market transitioned into a tug-of-war between buyers and sellers, with the market largely stagnating for the past several years. Now, data suggests that the market is transitioning into a buyer’s market, with buyers able to demand price reductions and better terms from sellers. Starting in 2025, taxpayers may be able to deduct a portion of their overtime pay. In many cases, the amount that is eligible as a tax deduction will be reported in box 14 on a taxpayer’s form W-2 issued by their employer. The deduction is based on the definition of overtime used in federal law, which may differ from state law, so not all overtime listed on a paystub may be eligible for the overtime tax deduction. Plus, a look at the Planned Solutions Incorporated Office Bulletin Board - Chase was a guest on the  @MagicKeyCast  , a YouTube Channel produced by Jason LaChance, who also produces the Planned Solutions podcast. The Magic Key Cast is Disney-focused, and Chase was on the podcast to discuss the potential business and investment ramifications of the recent Disney leadership shakeup. Schwab has posted many of the Form 1099-Div and 1099-B for non-retirement accounts. However, historically, Schwab has issued corrected 1099s in late February or early March. To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast), please e-mail ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠⁠ ⁠ Planned Solutions, Inc.ADDRESS: 1130 Iron Point Road, Suite 170, Folsom, CA 95630 PHONE: ⁠(916) 361-0100⁠ or ⁠(800) 750-2111⁠E-MAIL: ⁠⁠[email protected]⁠m⁠ FAX: (916) 361-0191WEBSITE:⁠www.PlannedSolutions.com