Winning at Life with Gregory Ricks

The Weekly Wrap: 02.29.20


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00:19 - The Dow Jones Index has its worst week since 2008.

02:16 - Dwayne Stein of Mortgage Gumbo joins us to talk about record low interest rates. How low does it have to go before you can justify a refinance?

08:16 - George in Lockport asks Gregory and Dwayne if he could or should refinance his reverse mortgage.

10:03 - With Treasuries breaking record low interest rates, the search for yield just got a little tighter.

21:14 - The Corona Virus and its economic impact are the top story of the week.

28:50 - What's a good stock to buy in this downturn? Gregory isn't so sure the pain is over just yet, and probably wouldn't recommend taking the risk of single stocks.

43:41 - This Corona Virus situation will pass as far being a health care concern. The economic impacts will be a far bigger lasting legacy, considering the connection with China and the evolving trade wars.

1:00:37 - Larry Kudlow makes a strong case for people to calm their fears about the Corona virus and its negative impact on the economy.

1:10:41 - Greg in Perkinston is going to continue working after turning on Social Security at his Full Retirement Age. Will that help increase his benefit any?

1:14:36 - The Corona Virus will be shaping our economic outlook for the near term. What are some possible ways this play out, and are you financially prepared for those scenarios?

1:16:23 - Roger in Biloxi has an IRA sitting at the credit union getting less than 1% interest. Certainly he can find a better interest rate that's safe, right?

1:21:26 - David in New Orleans asks how long it would take to make up for missed payments if he delays turning on his Social Security retirement benefit at the max age of 70.

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