Winning at Life with Gregory Ricks

Winning at Life with Gregory Ricks

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Winning at Life with Gregory Ricks episodes

  • The Daily Wrap: 11.18.19
    00:48 - A 60 Minutes story on these metal-rich nodules in an area of the Pacific Ocean floor was amazing for several reasons. It's amazing that three rare metals needed for modern battery technology are concentrated in these rocks, and laid out on the ocean floor. At the end, they pushed for the Law of the Sea Treaty that would give the UN jurisdiction over the oceans, which is a horrible idea.

    12:17 - Mike in Pontchatoula is thinking about harvesting some timber from his property, and asks how he will be taxed on it.

    19:33 - We review the financial side of the Myles Garrett helmet incident with fines flying all over the place.

    23:50 - FedEx is getting rid of pensions. They are currently paying pensions on tens of thousands of retired former employees, and that math is simply unsustainable.

    30:12 - Craig in Metairie wants to grow his retirement investments as an inter-generational benefit. Can you give your IRA to your kid?

    http://www.WinningAtLife.com
    39 min
  • The Weekly Wrap: 11.16.19
    00:37 - There's not a lot of headlines about the looming government shutdown that could happen if some budget bills aren't passed by Thursday. The news is paying much attention, but the markets don't seem spooked either.

    04:06 - Jamie Dimon on 60 Minutes was badgered by Leslie Stahl to say something bad about the economy. Mark Cuban explains how Senator Warren's proposed wealth tax will run into liquidity issues, and soon. Gregory responds to some important financial points in the debate against a wealth tax.

    06:22 - Gregory's thoughts on a new tax for Short Term Rentals (Air BNB).

    11:18 - Voting in local and state elections is one of the best ways a community can keep its taxes low and business friendly. There's always going to be an excuse to raise a new tax or spend more money, and some of it can be stopped by voters.

    19:35 - Scam calls are through the roof, with one report claiming there were 2000 robocalls per second in October.

    32:11 - Jude Heath CPA answers: what do you need to take care of before 2020 gets here? You may want to get a new business vehicle, and the tax implications have improved.

    39:54 - Trump changes his primary residency from NY to Florida. Jude Heath explains how this helps him pay lower taxes.

    49:27 - Gregory and Jude describe different ways you can layer streams of income, with some diversity between how the streams are taxed.

    58:34 - Betty in New Orleans is tired of paying the escalating taxes caused by her Required Minimum Distributions from her IRA. Should she just pay the whole tax bill and be done with it?

    1:04:49 - There's some slight differences in how Mississippi and Louisiana tax different forms of retirement income.

    1:10:45 - Craig in Metairie wants to grow his retirement investments as an inter-generational benefit. Can you give your IRA to your kid?

    http://www.WinningAtLife.com
    1 hr 50 min
  • The Daily Wrap: 11.14.19
    00:57 - We begin the show covering some of the public events coming up in the area. There's a Wine, Wisdom, and Food event each for Biloxi, New Orleans, and Madisonville left for the rest of the decade. Gregory and James take a look at things to come.

    14:06 - Social Security scam calls are still swamping your phone. We review some tips on how to identify a scam call, and how new technology is being incorporated to fairly sophisticated operations overseas.

    23:41 - Mark Cuban explains how Senator Warren's proposed wealth tax will run into liquidity issues, and soon. Gregory responds to some important financial points in the debate against a wealth tax.

    30:23 - Federal Reserve Chairman Jerome Powell says the state of the the economy is solid, and he sees no bubbles on the horizon threatening the derail the current growth. That's a sharp contrast to the apocalyptic view from Leslie Stahl on 60 Minutes.

    http://www.WinningAtLife.com
    42 min
  • The Daily Wrap: 11.13.19
    01:06 - The Fed is buying treasuries again, just don't call it Quantitative Easing this time.

    11:57 - Disney says Disney Plus signed up over 10 million subscribers in its first 48 hours.

    18:20 - Amtrak may actually break even for the first time. Since the federal government took over passenger train service about 50 years ago, it has lost money every year. The numbers are even worse considering their costs do NOT include the maintenance of their infrastructure.

    21:24 - 40% of students surveyed claimed they would be willing to do some jail time to pay off their student debt.

    29:08 - How to get the biggest Social Security check possible.

    http://www.WinningAtLife.com
    39 min
  • The Daily Wrap: 11.12.19
    03:20 - Another SpaceX Falcon 9 rocket launches an additional 60 mini-satellites, adding to the growing web of universal wifi routers in low orbit.

    06:33 - Gregory responds to a few financial comments made by President Trump today at the New York Economic Club. Knowing where the President is heading gives you a chance to position yourself better for the future, and there is plenty of reasons to be optimistic about the economy.

    11:54 - Gregory shows some love for Mosquito Joe, gives a quick update on a secretive spacecraft that finally landed after almost two years in orbit.

    14:39 - Chase CEO Jamie Dimon was on 60 Minutes, and Leslie Stahl was breathlessly begging for Jamie to say something negative about the economy. When slagging the economy didn't work, she hit him with anti-billionaire questions.

    30:20 - Gregory takes a look at the evolving international oil markets, and reports on how the continuing shale boom is giving America's oil industry a leg up on OPEC and Russia.

    http://www.WinningAtLife.com
    36 min
  • The Daily Wrap: 11.11.19
    03:20 - Alibaba did $38 billion in sales on Singles Day. That's bigger than Black Friday, Cyber Monday, and Amazon Prime Day combined. As the online marketplace continues to grow and evolve, what comes next?

    12:37 - In honor of Veterans Day, we have some financial guidance for vets.

    19:51 - A note to presidential candidates: we already have a federal program that covers the cost of college. It's called the military.

    25:56 - The oldest couple in the world lives in Austin, and they are 106 and 105 years old. They have been married for 80 years! Gregory and James suspect they have been getting a Social Security check for around 40 years, and are probably way ahead of what they contributed.

    http://www.WinningAtLife.com
    32 min
  • The Daily Wrap: 11.07.19
    00:52 - The IRS announces new contribution limits for 401ks and IRAs.

    07:38 - At what point do you need a financial advisor? David in Gulfport is building up enough assets he's thinking about getting some help.

    12:52 - We review the storyline of Tim in Metairie who called two days ago to say that Uber stock will plummet when a shares are unlocked, then called yesterday to confirm he was correct, but today Uber bounced back.

    17:57 - How much money can you make before you're required to pay income taxes? Gregory updates the new standard deductions recently reported by the IRS for next year.

    19:30 - Gregory elaborates on a 60 Minutes report on pot stocks.

    25:27 - Gregory is generally unmoved by statistics predicting doom from a permabear.

    http://www.WinningAtLife.com
    32 min
  • The Daily Wrap: 11.06.19
    01:23 - What is the 401k Maximizer? Gregory explains how the 401k Maximizer can be your guide to making the right investments within your 401k.

    09:51 - Time in Metairie calls back to update the show: yesterday's prediction about Uber's stock going down when the shares unlock came true.

    13:19 - Have you lost a spouse? Learn how to get the most out of Social Security widow's benefits.

    21:08 - Gregory and James dive deeper into the latest Social Security reform bill proposed in Congress.

    28:31 - Ron in Gulfport wonders if his parents are getting the most out of their Social Security decisions.

    http://www.WinningAtLife.com
    36 min
  • The Daily Wrap: 11.05.19
    00:39 - Things to keep in mind when changing careers late in life.

    04:27 - When talking about the most profitable company in the world, Troy in Metairie chats about how Aramco's low cost-per-barrel is their key.

    07:40 - Tim in Metairie predicts Uber stocks will fall after hundreds of millions of shares become unlocked tomorrow.

    14:37 - Learn how Social Security survivors benefit works.

    http://www.WinningAtLife.com
    25 min
  • The Daily Wrap: 11.04.19
    00:41 - Gregory answers a few text questions from the app.

    04:27 - Should you take Social Security Survivors Benefit if you're still working? AJ in Pontchatoula asks Gregory to walk him through his options when it comes to Social Security widows benefit.

    08:19 - Dean in Madisonville isn't so sure about his life insurance setup, and asks for a second opinion from Gregory.

    11:34 - A recent report shows bankruptcy among seniors has skyrocketed since 1991. The most common reason is medical expenses. What can you do to keep yourself covered?

    12:43 - What happens to the big life insurance policy from my previous employer? Raja in New Orleans had a messy divorce from her employer, and is trying to work out what's portable or lost.

    http://www.WinningAtLife.com
    18 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…