Equity Financial Group

Understanding your biases is the first step to becoming a better investor. https://lnkd.in/g9MeMMzT

When you hear or read that the market is up or down, what does that really mean? More often than not, it reflects movement in the two best-known stock market indexes, the Dow Jones Industrial Average and the S&P 500. https://lnkd.in/g9SDMC8Z

On April 10, 2024, the U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) for March, and the increase in CPI — the most commonly cited measure of inflation — was higher than expected. https://lnkd.in/gbbqyiPq

Attempting to predict which direction the market will go or investing merely on intuition can get you in trouble, or at the very least may cause you a great deal of frustration. One strategy that may help you navigate these investing pitfalls is dollar-cost averaging. https://lnkd.in/gfRjbPCt

"PROVIDING FINANCIAL PLANNING SOLUTIONS IN OKLAHOMA" Joey Armstrong Financial Advisor Equity Financial Group https://lnkd.in/eEkSccpW

Investing in bonds is a popular strategy for generating income, particularly among those seeking a blend of stability and returns in their investment portfolio. However, within the bond market, investors face a choice between individual bonds and bond funds, each offering distinct features, risks, and benefits. https://lnkd.in/e6B4Ydqj

Capital gains are the profits realized from the sale of capital assets such as stocks, bonds, and property. The capital gain tax is triggered only when an asset is sold, not while the asset is held by an investor. #capitalgains #investing #ira #401k #retirement #stocks #taxes #inflation #economy #enid #enidok #financialadvisor #estateplanning https://lnkd.in/e22JSHgG

The Internal Revenue Service (IRS) rolls out its annual adjustments in response to inflation, impacting how Americans manage their finances, from retirement savings to taxation. The 2024 adjustments touch on several key areas, including estate and gift taxation, standard deductions, Individual Retirement Accounts (IRAs), employer-sponsored retirement plans, and the kiddie tax. Let's delve into these changes and their implications for individuals planning their financial future. https://lnkd.in/gDKs_BMF

As the landscape of retirement saving undergoes a significant transformation, the SECURE 2.0 Act, part of the sweeping federal spending bill passed in late 2022, stands at the forefront of this change. This legislation introduces critical adjustments to workplace retirement accounts, promising to shape the way Americans think about and prepare for their retirement years. https://lnkd.in/d7SDAeQh

The Federal Reserve’s rapid series of interest rate hikes throughout 2022 and 2023 — initiated in an effort to bring down red-hot inflation — rippled throughout financial markets and the broader economy. https://lnkd.in/gjN5FjQ6