Winning at Life with Gregory Ricks

The Daily Wrap: 10.08.18


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00:49 - Quick update for the far eastern reaches of our broadcast in the path of Hurricane Matthew.

04:03 - Carla in Memphis recently sold the family business and netted about $3 million. They are working on a building a new business, and want to know if Gregory approves of using that cash as seed money to expand their new business, or should they try and leverage their new endeavor?

12:33 - Ken in Long Beach texts in asking: how can your decimated IRA be resurrected after a divorce?

14:07 - Gregory has a report showing the CBO predictions about our national debt in 2008 were comically off the mark.

22:58 - Wayne on Periscope asks Gregory if he should defer taking Social Security to age 70. Gregory asks some follow up questions, and it sounds like Wayne could mathmatically come out ahead by deferring to age 70.

33:35 - Gregory responds to a report that Ford is working on an autonomous car with no steering wheel.

37:48 - Mary from Poplarville asks Gregory how to go about difersifying her stock portfolio. She has a decent sized portfolio, and the bulk of her money is in the same sector. Gregory encourages diversification in a stock portfolio, but you have to buy into other sectors only when they are in a buying position.

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