Winning at Life with Gregory Ricks

Winning at Life Daily Wrap: 06.14.18


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Gregory Ricks' amazing Podium Theory of the Federal Funds Rate continues it's flawless streak since the Fed began liftoff in 2015. James Parker gives you an audio comparison of the new Fed Chair Jay Powell versus his predecessor Janet Yellen.

The news of the Trump foundation be questioned for financial reasons is a good chance for Gregory Ricks to address the two biggest rules of using funds in a charitable foundation: is there self dealing, and is it tax avoidance?

The next Gregory Ricks Live is coming up Tuesday, July 10th, 6:30pm.

There's one type of IRA that can be funded without the owner having earned income: the Spousal IRA. Gregory Ricks explains the Spousal IRA is unique as it allows funds from a working spouse to be put to work on your behalf. Often, a Spousal IRA is used for couples who are getting a late start on retirement savings, and can really help tuck away a lot of pretax money for those playing catch up.

Gregory addresses a report on a huge bet on 10 year treasuries dropping a quarter point. It could be a huge move by a small player, or a small move by a big player, and Gregory Ricks thinks the impact of this bond play is overblown.

Netflix continues it's meteoric rise as it nears $400 per share. Netflix is bigger that most media networks, and is quickly approaching the titan status of the Disney empire. Gregory sees media continuing to evolve into the hands of Netflix, and leaving everybody happier: networks, advertisers, and viewers

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