Winning at Life with Gregory Ricks

The Weekly Wrap: 04.06.19


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01:37 - We review a few proposed rule changes for IRAs, 401ks, and 529s. The changes are aimed at nudging more small businesses and individuals to put away retirement savings, but not all of them are good ideas.

06:10 - When is it OK to buy a second home? Is it too risky to be paying on two mortgages at the same time? Should you wait until your primary residence is paid off? Gregory explains how overcoming all of these risks is based on your margin.

13:51 - Mosquito Joe has done an impressive job keeping Gregory's yard bug free. It's nice to not have to bug bites or fool with bug spray anymore.

18:29 - Lee in Slidell has two homes and just got an RV. Will he owe any capital gains taxes if he sells his primary residence and moves into his second home?

32:33 - Required Minimum Distributions can cause other problems. The income increase can cause your Medicare premiums

42:39 - Jude Heath, CPA of the Total Wealth Authority, is in the fourth quarter of tax season, and has an accountant's view on these giant sports contracts.

1:06:50 - Gregory is amused about how Michael Avenatti's arrest has uncovered a bold disregard for tax law for a guy who is thrusting himself into the spotlight.

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