Winning at Life with Gregory Ricks

The Daily Wrap: 06.21.18


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[2:20] Gregory Ricks gives you a basic guide to rollovers from your IRA. If you can, you should move IRA money straight from custodian to custodian transfer. If you take the money straight to yourself, you have 60 days to either put it back, or find another IRA for it. You can do a rollover once per year aggregate of all your accounts.

[7:38] Perry in New Orleans wants to try and get some yield on the idle money in his brokerage account. Gregory explains that it's preferable to have the liquid assets in your managed investment account just sitting there getting minimal yield. That is its job, and it's probably not a good idea to go chasing returns with it.

[14:13] A Supreme Court decision on collecting internet taxes means the free ride is over for online shopping. The law now compels retailers to collect the sales tax of their customers, and it's based on the State where the purchase is made.

[24:57] The next Gregory Ricks Live is coming up Tuesday, July 10th, 6:30pm. Come find out more about Gregory Ricks and what he can do for you.

[28:18] The Numbers are awfully red today, and reports say China's new tariff threat is a concern. China is running out of weapons in their trade war, and mentioned they were thinking about targeting the 30 companies in the Dow Jones Index. GOOD LUCK with that! Cutting off 30 of the most important companies and their products will do more harm to China than the USA.

[40:06] Netflix is continuing its meteoric rise, but Chrysler looks like it may be circling the drain. Out with the old, in with the new.

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Winning at Life with Gregory RicksBy Winning at Life with Gregory Ricks