Winning at Life with Gregory Ricks

The Weekly Wrap: 03.23.19


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01:09 - Volvo is making a car that detects if you are drunk, and will take over if you are too wasted to drive safely.

08:30 - Matthew in Metairie asks what happens if Boeing goes bankrupt. Gregory and James agree that's it's highly unlikely the problems with their latest model could bankrupt Boeing.

19:09 - A survey shows Americans are doing better with their retirement savings over the last 5 years.

23:13 - Gregory explains who could benefit by coming to his Wine, Wisdom, and Food experience at Keith Young's in Madisonville.

28:24 - Whether you know it or not, we are all money managers. Gregory says it starts with creating some margin (having more income that outflow), and that's where savings begin.

43:25 - Caller of the Week: Larry in Metairie asks the pros and cons of an annuity. Larry is coming into a lump sum of money, and wants to invest it somewhere safe. Fixed annuities may be a good fit, but not for the whole pile.

50:14 - Trump's interview with Maria Bartiromo on Fox Business has some interesting financial clips, and we get Gregory's response on GDP growth, trade negotiations, Federal Reserve rate hikes, and where the economy is headed.

1:05:07 - What percentage of popular cars are made in America? The Mustang is Ford's last car model, because it makes money. The driving public is all about trucks, SUVs, vans, and crossovers.

1:26:48 - The rules on pension buyout offers have been relaxed. How do you know if a pension buyout is a good deal?

1:29:02 - Bill in Gulfport asks for Gregory's advice on how to best save some money for his newborn great grandson. Gregory walks Bill through the options.

1:33:18 - Two big reasons you need sign up for your account on SSA.gov.

1:47:34 - Caller of the Week: Mike in Laplace asks Gregory how so many public pensions can be so generous and so underfunded all the time.

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