Winning at Life with Gregory Ricks

The Daily Wrap: 07.27.18


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01:37 - The GDP grew at 4.1% for the second quarter. This is a great number, and all but guarantees the Fed will continue raising rates. The tariff battles with China still loom large over future economic growth.

15:29 - Is Social Security going broke? Gregory gets asked often if Social Security will be going away at some point in the future. Gregory explains how Social Security may look a little different by the time you retire, but it's probably not going away.

24:58 - Mary in Poplarville wants Gregory's opinion on an investment opportunity from one of her friends. Gregory gives her some questions to research about the investment, and helps her understand how to evaluate an opportunity like this.

36:03 - Gregory reports on a survey showing most Baby Boomers are planning on Social Security being their main source of income in retirement. You will have to come up with additional income if you want to maintain your standard of living. If you don't have enough money saved up, delaying Social Security becomes even more important.

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