Winning at Life with Gregory Ricks

The Daily Wrap: 07.18.19


Listen Later

01:28 - The House passes the Raise the Wage Act, which would raise the minimum wage to $15 an hour in 6 years. If it's so great, why don't they make it go into effect immediately?

03:01 - The SECURE Act is making its way through Congress, and could have two big changes to IRAs. It could push back the age for Required Minimum Distributions from 70.5 to 72, and it could end the stretch options for inherited IRAs.

06:43 - There appears to be a deal on the way to avoid a government shutdown over the debt ceiling.

12:46 - It was a good time at the last few Gregory Ricks Live events. Gregory took the Wine, Wisdom, and Food show on the road, starting at Ruth's Chris in the Hard Rock Casino in Biloxi, Ruth's Chris in Metairie, and Keith Young's Steakhouse in Madisonville. Gregory raised $2,500 for the Palmer Home for Children. Wes Blanchard has an Estate Planning Lunch and Learn coming up.

23:36 - Gregory Ricks made a suggestion to Keith Young on one of his dishes at his steakhouse in Madisonville. The dish was a hit, and Gregory may have a dish named after him on the menu soon.

27:26 - The Numbers are mostly positive.

31:26 - Netflix is facing the loss of some of its top programs, and the arrival of new competition, while juggling over $10 billion in debt. Is the party over for this great company?

33:34 - What should you do if the only retirement savings you have is your 401k?

http://www.WinningAtLife.com
...more
View all episodesView all episodes
Download on the App Store

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