Winning at Life with Gregory Ricks

The Daily Wrap: 07.24.18


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01:10 - Mississippi's tax-free school shopping holiday is this weekend. James finds it odd that the tax-free holiday for school shopping doesn't include actual school supplies. On the other side of the border, Louisiana just cancelled its tax-free holidays for the next 7 years.

06:40 - Demographic reports show that people are migrating to Texas and Florida more than any other states. It's probably a good combination of weather and no income tax. The states people are leaving the most: Illinois and West Virginia.

12:39 - A piece of financial advice from the TV show Cheers weaves in neatly with a Joe in Metairie, who is thinking about taking a loan from his 401k to cover the cost of getting into an investment property. Gregory is usually against making such a move, but after a few probing questions, Joe may be making a good move here.

19:21 - How do you know if you're getting a good deal on a real estate investment? Gregory gives you some guidance on how to evaluate investment properties.

23:38 - Bitcoin is still in the dumps and having problems. There's still some optimism for the face of the crypto world, but another crypto-scam in the news doesn't help.

30:18 - The Numbers are strong in light of a stellar start to Q2 earnings season.

34:09 - Gregory reports on credit-default swaps being used to trade Tesla's debt contracts.

39.55 - Google is crushing it. They beat earnings, and have much more room to grow.

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