Winning at Life with Gregory Ricks

The Weekly Wrap: 03.14.20


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01:34 - The economic fallout from the Corona Virus is brutal.

05:39 Dale on the Northshore asks Gregory how his 50-50-50-50 strategy performs in a downturn like this.

12:08 - Dwayne Stein of MortgageGumbo.com comes on to talk about how record low mortgage rates have taken a big jump higher due to a liquidity crunch.

15:36 - CPA Jude Heath joins the show to talk taxes. Will there be an extension on the April 15 filing date?

19:04 - Jethro in Houma asks Jude: What happened to the option of letting the IRS do your taxes for you? Jude explains that option went away with the old 1040 EZ. Jethro shares a pretty cavalier attitude about not filing taxes on time.

26:44 - Mike in Covington has an 88 year old father-in-law who hasn't filed taxes in 25 years. Will that cause any problems?

30:51 - Mike in New Orleans is retired with no real income besides his Social Security and a Rail Road pension. Does he still have to file his taxes?

34:49 - Gene in Montz asks the difference between fixed and variable.

38:31 - Jeff in Long Beach asks Jude how the taxes will be figured on his sale of a commercial real estate property.

44:05 - Jane on the Northshore asks about the tax implications of a Backdoor Roth conversion? Is there double taxation?

47:40 - Anthony in Mandeville: stocks are really getting hammered. Should I be buying into this?

54:00 - Joe in Gulfport asks Gregory to explain what the definition and importance of a Turnover Ratio.

56:54 - Doug in Gonzales asks if he would get crushed if he bought into a bond fund now.

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