Winning at Life with Gregory Ricks

The Weekly Wrap: 01.04.20


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00:50 - The new decade kicked off to all-time record highs on the Dow, NASDAQ, and S&P 500, and a slew of new rules on your investments. The droning of an Iranian General in Iraq has some folks concerned, but the market moves on.

06:58 - The SECURE Act takes effect this week and makes some big changes to the rules regarding your retirement accounts: 401k, IRA, Roth IRA, etc. There's changes you need to know about concerning contributions, distributions, inheritance, and taxes.

25:35 - There's big changes in Estate Planning rules in both the recent law changes, and the IRS updating of life-expectancy tables could reduce your Required Minimum Distributions.

34:01 - Stocks vs. Bonds. Gregory shows you some stats on how bonds have historically proven to be more stable and reliable than individual stocks.

42:42 - Judging by the fundraising numbers, Bernie Sanders wins the heart of the donors, and winning in the polls may not be far behind.

48:52 - A Statistician's take on New Years Resolutions yields three big pieces of advice for keeping your commitment.

55:05 - The world consumes 101 million barrels of crude oil per day.

Yes, the rules for your Roth IRA changed. Jennifer in Covington asks Gregory if the new SECURE Act has any affect on her Roth IRA accounts. Gregory points out a few key changes in the law.

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