Winning at Life with Gregory Ricks

02:42 - Another big data hack reminds us to check up on our identity theft protection. This time, it's data from a popular app game: Words With Friends.

04:17 - The Fortnite black hole was a big deal for a huge gaming community. Gregory points out the daily revenue for Fortnite was reported to be over $6 million a day.

12:10 - Cyber security experts recommend you don't recycle passwords. Gregroy adds in afew more tips about keeping your money safe.

14:38 - Gregory gives guidance for inherited money.

31:37 - A new study says raising your credit limit often leads to a worse credit score in the long run.

25:03 - Gregory: long term care expensive, are you prepared?

http://www.WinningAtLife.com

01:46 - Gregory shares his epic adventures at the LSU-Florida game. What an amazing experience to get to see this special season first hand.

04:17 - Trump announces economic sanctions against Turkey for attacking the Kurds in Syria. Despite the hype, Gregory doesn't see how this could impact your money by any significant degree.

09:15 - Several financial firms are jumping on the bandwagon of no longer charging trading fees for certain online trades and etfs. Gregory enjoys the sound of lower trading costs, but also knows those financial firms are going to have to make their money elsewhere.

16:07 - Everyone is going to die, so everyone needs and estate plan. Here's why.

22:19 - Bra Country is Friday. A country concert at Southport Hall to raise money for the American Cancer Society. WNOE.com for more info.

24:22 - Looking for some extra income with a side gig? Yet another gig-economy app is bursting with popularity called SideHusl. It has both an app and SideHusl.com, and is being used by seniors with an empty nest to score some extra cash.

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00:47 - Gregory answers some comment cards from his latest Wine, Wisdom, and Food event at Keith Young's Steakhouse in Madisonville. Many people at the event expressed concern about how the upcoming elections could rock their investments.

04:18 - Christy in Marrero asks Gregory for some financial guidance on behalf of her nephew who just signed a big recording contract. For someone who is coming into money at a young age, how can we make sure it lasts as long as possible?

08:44 - You should invest with the mindset that taxes could go up at some time in the future.

17:50 - Stephanie Pomboy of Macromavens makes a compelling case for decelerating economic growth ahead, and a sharp critique of the Federal Reserve's role in our economic swings.

http://www.WinningAtLife.com

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00:43 - Boeing reports it has sold its first 737 Max jet since the orders were halted. Gregory explains how the unique lack of competition in the airplane industry helps Boeing survive through this recent rough patch.

10:22 - How do you know if your pension buyout offer is a good deal? Gregory explains how pension buyouts are viewed from the point of view of the employer, and notes that GE just announced a pension freeze.

23:03 - Pensions are going away, but they were really just annuities anyway. You can set up your own pension, and get monthly income on your assets.

29:14 - Are Ultra-Long Bonds a Good Idea? Jeff in Mobile asks Gregory's thoughts on using ultra long term bonds to lock in fairly safe returns over a long time range. Gregory thinks fixed annuities may be a way to score a similar return with even better safety.

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00:45 - Hear some warnings for those who plan to retire early.

14:01 - Rules for 401k rollovers. So you have a chance to roll over your old 401k. Now what? Gregory explains your options.

20:32 - Learn classic financial wisdom. Gregory responds to a top ten list of financial quotes.

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01:03 - Are IRAs a safe investment? Gregory explores a common question with an uncommon answer. IRAs are not a type of financial account, an IRA is simply a tax status on any number of allowable accounts. Some options with your IRA are 100% safe, and some IRA options carry massive risks.

14:25 - The US Unemployment rate drops to 3.5%, the lowest in 50 years.

15:36 - Mark in Pass Christian is thinking about moving his varible annuity money into a fixed annuity, and picks Gregory's brain about his options.

33:39 - Senator Warren's anti-Facebook comments are bad for business. Gregory has some strong opinions about politicians targeting American businesses like that.

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03:13 - Can you still File and Restrict your Social Security benefit? Dennis is Kenner asks Gregory to clarify some confusing explanation of Social Security's recent rule changes.

05:35 - California passes a new law to allow college athletes to make money from endorsements? Will this law open the door for money in college athletics, or will it be struck down by the courts?

12:03 - A Congressman pleads guilty to insider trading.

26:49 - Gregory reviews a call from Saturday's show about the Social Security Windfall Elimination Provision, and adds a little more depth to review of the rules.

35:18 - A car sharing app is having problems solving the recurring issue of auto thefts, and has to pull out of some cities.

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00:55 - Tony Romo's near miss on making the cut at a PGA tournament brings up some common parallels for those who take an early retirement.

07:41 - Dale on the Northshore asks Gregory if those changes to RMDs ever passed. Gregory says the SECURE Act has not passed, and he will continue to keep an eye out for legislative changes to your retirement accounts.

11:09 - Dale follows up asking Gregory about a single stock: Dexcom. They have an intersting back story, and a promising product, but the stock charts are too chaotic for comfort.

25:38 - Jimmy in Gretna is thinking about turning his Social Security on at full retirement age, and maxing out his 401k to negate the extra tax exposure.

31:31 - How does the Social Security survivor's benefit work? Scott in Mandeville asks if his wife will get her spousal benefit and a survivor benefit when he dies.

38:16 - Mary in New Orleans is helping her grandson with his student loans, and asks Gregory about refinancing options. Gregory walks her through some options, and cautions Mary about how helping too much can hurt yourself in the long run.

Dwayne Stein of Mortgage Gumbo joins the show to answer questions about reverse mortgages, mortgage refis, and changes to lending standards to help those paying off student debt.

46:34 - Mike in Mandeville has a pension coming from a job he had in the public sector that didn't contribute to Social Security for 16 years. How will his Social Security benefits be effected?

49:40 - Can you refinance a reverse mortgage? Phil in Slidell asks Dwayne Stein if he can get more equity out of his home now that it has increased in value?

52:45 - Betsy in Kenner is not happy with the results of her mortgage modification. Dwayne Stein and Gregory Ricks answer some of her questions.

57:41 - Mike in Covington asks Dwayne and Gregory about interest rates for loans on an investment property.

1:07:40 - Dwayne explains how changes to credit score rules help those with massive student debt.

Do you have margin built into your monthly budget? Do you have margin between your income and the next tax bracket? Margin is where we can get real progress, whether it's for saving or tax planning.

http://www.WinningAtLife.com

Check out our available Zoom classes: http://inspirlang.com/zoom

Get our digital/paperback book at https://inspirlang.com/lovemando

View podcast transcription at https://inspirlang.com/mandopod

Youtube: https://youtube.com/c/inspirlang

Facebook: https://facebook.com/inspirlang

Instagram: @inspirlang

Twitter: @inspirlang