Winning at Life with Gregory Ricks

Episode 1175: The Weekly Wrap 06.26.21


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In the leaked tax returns of rich Americans, some media outlets have noticed the tech billionaire Peter Thiel has a Roth IRA worth about $5 billion. Some critics are furious, but Gregory sees a learning opportunity for middle-class investors, not a problem.

Kyle in Independence is inheriting $100k. Should he wipe out his debts, or invest that money?

Save Our Nola Restaurant of the Week: Slim Goodies Diner. Classic American Breakfast Diner with eclectic Nola flair

Maybe you could benefit from some help understanding how the laws work for Social Security, Medicare, and Estate Planning. Gregory is hosting some events in July that can answer your questions. The best news is: these events are of no cost to you!

Gregory gets you all caught up on the financial news of the week.

Jude reviews Jeff in Thibodaux, who is selling his rental house and wants to know how the taxes work.

Collecting your child tax credit. What if you're worried about not qualifying? Should you stop payments?

Bill in Slidell asks Jude about using depreciation and write offs on a rental he wants to sell.

Syndicated Conservation Easements: don't throw your money at tax schemes in legal hot water

Shary on Facebook Live asks about her friend's financial advisor sell some stocks at a huge loss last year in order to harvest losses. Was that the right thing to do?

Lenny in New Orleans wants to start Social Security early because he doesn't want to miss 5 years of monthly checks.

Alex in Metairie asks about his eligibility for the Advacned Child Tax Credit.

Terri in Metairie asks about the tax hit she should expect when they sell her second home.

Nicole in Hammond wants to get rid of her credit card debt. What's her best option?

Is inflation transitory? A few commodities like lumber and oil may go down in the future, but most of these price increases are here to stay.
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Winning at Life with Gregory RicksBy Winning at Life with Gregory Ricks