Winning at Life with Gregory Ricks

Winning at Life with Gregory Ricks

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Winning at Life with Gregory Ricks episodes

  • The Weekly Wrap: 06.20.20
    How does the stock market perform when opposite political parties are in power? Gregory runs through the stock market performance over the last 50 years.

    Happy Father's Day! Experiences are the gifts that mean the most.

    Weird tech names are the norm: Yahoo, Google, Twitch, etc... but that won't stop us from being on as many platforms as possible!

    Jude Heath catches you up on what's different this year for tax season.

    Dennis in Baton Rouge asks Gregory about his Social Security Spousal situation.

    How is Social Security taxed? Half of Social Security recepients will be taxed for it. Gregory Ricks and Jude Heath explain how the tax brackets work for Social Security income.

    Gregory reflects on how Coronavirus is the latest in a thousands reasons why smoking is bad.

    How much can you safely draw from your assets? Nick is Water Valley does not want to be caught in a spend down.

    Jill is Laurel asks Gregory about her spousal Social Security situation.

    Jerry in Jackson has a Social Security question about a deceased spouse.

    http://www.WinningAtLife.com
    1 hr 38 min
  • The Daily Wrap: 06.18.20
    John on the Northshore had his credit report checked when buying a cell phone. Is that the kind of thing that can sink your credit score?

    Ryan in Golden Meadow got an unexpected medical bill he can't pay. What should he do to get a payment plan in action?

    Gregory warns of the fatal flaws of health insurance, and some of the troubles he's navigated in his own experience with the medical world.

    How is your Social Security going to be taxed? Half of retirees get taxed on their benefit. Will you?

    http://www.WinningAtLife.com

    27 min
  • The Daily Wrap: 06.16.20
    Gregory is not impressed about the inflows into Gold ETFs. Exchange Traded Funds can be useful for various jobs in your portfolio, but there's still no place for gold in the Guided Planning System.

    Over the last three months, it looks like retail investors scored better average returns on their individual stock picks than hedge funds.

    Financial stats show how far we've come since the first episode of Winning at Life in 2010.

    Detroit's bankruptcy results in a cut to public pensions and ending COLAs. Gregory warns this result may be duplicated by more cities and states.

    Wear masks in public, please. Gregory explains how masks can help speed the economic recovery.

    The National Debt is staggering, and few seem to be concerned.

    http://www.WinningAtLife.com
    38 min
  • The Daily Wrap: 06.10.20
    The latest shoe to drop in the retail apocalypse: Ulta announces it will be reviewing over a thousand stores for closure. They are expected to close at least a third of its outlets. In other makeup news: Kylie Jenner's billionaire status is called into question as allegations of cooking the books come to light.

    Since the big changes in behavior with the virus lockdowns, prices have fallen for bread, dresses, and car insurance.

    We review a caller from Canada who is thinking about starting a Roth IRA for his teen son.

    Learn more about investing with the Wine and Wisdom Webinar next week!

    What are the Social Security rules for those who are divorced?

    Pat in Biloxi was divorced 30 years ago. Can she draw more money off of his Social Security benefit?

    Bruce in Marrero had his wife pass away. At what age can he collect Social Security benefits off of her record?

    http://www.WinningAtLife.com
    39 min
  • The Daily Wrap: 06.09.20
    The Paycheck Protection Program has been updated. Hear the new rules on how to get your loan forgiven.

    Allen Iverson's endorsement deal with Reebok includes a deferred trust after 10 years worth $32 million. Gregory thinks this is a smart way to structure contracts for a variety of reasons, and it works well at lower income levels.

    The Wine and Wisdom Webinar is next week, and a nice relaxing way to learn more about wine and investing.

    A bored retired millionaire left a hidden treasure in the Rocky Mountains that was finally found after a 10 year hunt.

    Hear the top 15 most common part-time jobs for retirees, as reported by Bankrate.com.

    http://www.WinningAtLife.com
    32 min
  • The Weekly Wrap: 06.06.20
    Mark in Laplace asked about if he should be selling the airline stock he picked up during the crash. Gregory ultimately asks if Mark is investing, day trading, or gambling.

    Gregory explains why Day Trading is mathmatically destined to fail.

    Where does Gregory stand on gold? It's not worthless, but it has no role to play in his money management playbook: the Guided Planning System.

    Brenda in Baton Rouge asks Gregory if she could get a bigger benefit from Social Security by switch to her deceased spouse's record.

    Cracker Barrel serving alcohol is one of a thousand examples of how businesses have changed from the lockdowns.

    Gregory and James break down the Trump press conference where he signed the expansion in PPP rules.

    Since casinos, sports, and racetracks have been shut down, it seems some gamblers have a new found interest in trading stocks.

    Dave in Slidell is getting a meager pension from the state, and asks Gregory if he'll get hit by the Windfall Elimination Provision on his Social Security. Gregory walks Dave through how the WEP cuts are tiered to protect those with small pensions from taking much of a hit.

    Public pensions are a mess, and some of the worst ones look like they are beyond being bailed out.

    Gregory updates you on the battle with the Coronavirus, and how that timetable looks for the economic recovery as well.

    Next week is the 10 year anniversary of Winning at Life!

    http://www.WinningAtLife.com
    4 min
  • The Daily Wrap: 06.04.20
    The ADP jobs number comes in way better than estimates, and has the financial world looking at tomorrow's unemployment report with great enthusiasm. Gregory responds to some talking heads, and shares the optimism.

    How do you know when to get out of a stock? James bought some Ford stock a while back, made some gains, and is thinking about getting out.

    Is there a place for Gold in today's investment portfolio? As popular as it has been throughout history, Gold is not something Gregory recommends for investors.

    Gregory reviews a daily and weekly report on the important stats within his financial plan, and it's crucial you do the same.

    http://www.WinningAtLife.com
    4 min
  • The Daily Wrap: 06.01.20
    Where is the economy heading next? People taking advantage of mortgage forbearance programs have peaked and started to fall.

    What parts of Medicare do you turn on if you're still working when you turn 65?

    How do I choose the right fund in my TSP? George in Covington asks Gregory when he should jump out of the riskier funds in his Thrift Savings Plan, and diversify into some safer options.

    Gregory responds to Trump's press conference covering healthcare and Medicare news.

    http://www.WinningAtLife.com
    34 min
  • The Weekly Wrap: 05.30.20
    00:23 - We review the story of one of our Producers: Bailey. She's had some issues getting her status with the IRS straightened out so she can be sure to get a stimulus check. James shares his experience receiving one of the few Economic Impact Payments on a prepaid debit card.

    15:05 - Terry on the Mississippi Coast asks if his private disability insurance will cover him for life or is it limited? Gregory says most of the private disability income he has seen cuts a check until age 65 or 66.

    21:37 - Cynthia in New Orleans: Can I collect Social Security Disability benefits and Unemployment Insurance benefits at the same time? Gregory explains that it's possible to get both, but most states have some provision to limit the double dipping at some level.

    25:53 - Greg in Baton Rouge gets a State pension and wants to know if he still gets Social Security. Gregory points him toward the rules for the Windfall Elimination Provision, and it looks like his Social Security retirement benefit could be miniscule.

    32:04 - Cathy in Houma asks how much work she would have to put in the private sector to get around the Windfall ELimination Provision and get her full Social Security Retirement benefit.

    37:48 - Jack in Baton Rouge gets disability, works, and since he lost income, does he qualify for extended unemployment benefits?

    44:16 - Dwayne Stein of MortgageGumbo.com is our guest, and brings news of record low mortgage rates.

    48:49 - Dennis in MS gets a regular pension, so does that change what his max Social Security benefit could be?

    55:29 - Dwayne Stein has insights on what's going on in the mortgage world with all of the millions of forebearance options being activated this year.

    1:22:30 - Gregory cites a stat claiming monthly spending per household increased during quarantine for groceries and streaming services.

    1:48: 10 - Christian in Metairie asks if he missed a great opportunity to score off of recent negative oil prices.

    http://www.WinningAtLife.com
    1 hr 54 min

About Winning at Life with Gregory Ricks

From the publisher's feed

Join Gregory, CEO & Wealth Advisor of Gregory Ricks Total Wealth, as he discusses a wide range of financial topics, providing education, insights, and helpful information for your financial…