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: 09.04.19
    00:41 - The Great Chicken Sandwich Wars of 2019 are escalating with new combatants getting their bombs in. The backstory on the Popeye's Chicken Sandwich project has it's open shots fired in New Orleans in 1972. A Tennessee man is suing Popeyes for emotional distress over his struggles trying to get his hands on their chicken sandwich.

    09:41 - How do you turn your retirement savings into a monthly paycheck? Gregory walks you through some of the more common ways people transition from saving for retirement to setting up a monthly paycheck from those assets.

    16:40 - David in Metairie shares some details on the financial backstory of Al Copeland's Popeye's empire.

    21:11 - The NFL has a new highest-paid running back. Ezekiel Elliott scores a huge contract extension, and Gregory breaks down the numbers.

    25:40 - Gregory relays a couple of recent situations he's dealt with as a Financial Advisor, including: how to correlate your assets to know when is the best time to turn on your Social Security benefit, and how to get some of that tax-exposed IRA money into your pocket with minimal-to-no taxes paid.

    http://www.WinningAtLife.com
    37 min
  • The Daily Wrap: 09.03.19
    00:36 - Gregory explains why a yield-curve inversion is not the harbinger of doom it used to be. In the past, it has preceded recessions, but it never had this level of distortions from the Federal Reserve rate rigging coupled with the historic premiere of negative-rate bonds means this market is not playing in the same arena as years past.

    04:19 - Is the economy slowing down? Gregory is skeptical of the media outlets constantly claiming a recession is around the corner. The economy has different cycles, and while some sectors are in a down cycle, there's enough positive cycles to keep the overall economy growing.

    08:54 - Gregory and James kick around the idea of a 100 year bond.

    12:37 - Thinking of retiring early? Hear some warnings from an early-retiree.

    17:59 - Updates on the new tariffs going into effect around the US-China trade wars.

    http://www.WinningAtLife.com
    30 min
  • The Weekly Wrap: 08.31.19
    Gregory answers the comment cards from a recent live event. Hear Gregory's thought to the most common situations people are facing in their financial world.

    http://www.WinningAtLife.com
    1 hr 30 min
  • The Daily Wrap: 08.28.19
    02:37 - In creating some new commercials for Clesi's restaurant, we stumbled on the notorious backstory of how a trademark effects restaurants promoting specials for Tacos on a Tuesday.

    10:20 - Yes, you can sue your employer over how your 401k is handled. There's hundreds of cases right now where employees are unhappy in several different ways. Some find it unethical to steer too much money into the company's stock plan. Some are unhappy about fees, returns, and

    19:52 - Reasons you will regret buying an RV. Gregory and James sing the praises of a list of reasons people regret buying an RV, and add in their own experiences with people who've tried that lifestyle.

    http://www.WinningAtLife.com
    32 min
  • The Daily Wrap: 08.27.19
    01:01 - There's a new form of scam call aimed at Medicare recipients. Learn the details and protect yourself. Gregory plays back a recent scam call he recorded on his phone.

    05:58 - Doug in Covington asks Gregory about how the earnings clawback on early Social Security benefits are calculated. Gregory points out some details of how you're affected in the first year of starting your retirement benefits early, and begs the question: if you're making good money, why are you turning on your benefit early?

    13:32 - The Top Ten Largest Banks in the United States. Gregory and James chat about the list of the biggest banks ranked by assets. The top 4 banks hold half the assets!

    http://www.WinningAtLife.com
    23 min
  • The Weekly Wrap: 08.24.19
    The trade tariff battle escalated this week, with China slapping new tariffs on US goods, and Trump retaliates by bumping up the tariffs on Chinese goods. It's hard to see this trade war being resolved anytime soon.

    What makes Gregory different than the other guys you hear claiming to never lose money?

    Tonight we will be partying at the big gala for the Louisiana Pediatric Cardiology Foundation. The live auction is hosted by Michael Berry, and the L'Auberge Casino is a opulent place to have a party!

    Dwayne Stein of MortgageGumbo.com stops by. We cover some changes to lending standards, why refinances are through the proverbial roof, and how to fight your property tax assesment.

    Clesi's restaurant in Mid City deserves a place in the Chicken Sandwich Wars. Gregory raves over the food, and it's turned out to be a hot spot for visitors looking for authentic New Orleans food.

    http://www.WinningAtLife.com
    2 hr 9 min
  • The Daily Wrap: 08.21.19
    00:40 - Last night's Wine, Wisdom, and Food event was a hit, and there was a strong interest in both Social Security scenarios, and Gregory's 50-50-50-50 rule of investing.

    03:54 - After saying earlier this week that they were looking at tax cuts including indexing capital gains for inflation, Trump says they aren't looking at tax cuts and not in favor of indexing capital gains for inflation.

    12:20 - Scientific breakthroughs in testing make predicting death much more accurate. Having a shorter time horizon has a huge effect on your financial planning, and more accurate actuarial tables can really smooth out bumps in the insurance industry.

    20:30 - Gregory helped a young couple understand how the wife's Social Security benefit will be affected by the Windfall Elimination Provision if she decides to continue in her current position.

    29:24 - Does my Windfall Elimination Provision affect my spouse's ability to draw on my Social Security record? Ray in Metairie is on Social Security disability, and his wife's Social Security will be hit by the Windfall Elimination Provision because she'll be getting a pension from a job that didn't withhold Social Security taxes.

    http://www.WinningAtLife.com
    36 min
  • The Daily Wrap: 08.19.19
    01:06 - What's up with Tax Cuts 2.0. Larry Kudlow tells Fox News Sunday the Trump Administration wants another round of tax cuts. Gregory is skeptical that this is much more than a rallying cry for the campaign.

    09:28 - FOODIE TALK: In a recent trip to Chicago: Gregory is blown away by Michael Jordan's steakhouse, and has a meticulous review of his experience with an authentic Chicago-style deep dish pizza.

    24:19 - This part of the investing portfolio that is the cause of the majority of complaints is equities. Other asset classes may not capable of explosive growth, but stock losses are a bigger problem.

    http://www.WinningAtLife.com
    32 min
  • The Weekly Wrap: 08.17.19
    00:22 - Do casino winnings count as income for Social Security purposes? Patty in Paulina has turned on her Social Security retirement benefit early, and works part time up until the earnings clawback limit. She just won over $4,000 at the casino. Will this put her over the limit?

    02:52 - John in Hattiesburg has been saving money in a regular savings account over the years and has about $600k piled up. How should he get this money to work?

    06:42 - As Social Security has it's 84th birthday, Gregory reviews the most common questions he gets about Social Security.

    15:42 - The main goal in financial planning should be happiness, not just a number on a spreadsheet. Gregory explains how his journey in learning more about enjoying food and wine has been a fun ride.

    19:01 - A lot more people talk a big game about retiring abroad in some exotic location, few people actually leave, and even fewer people stay gone.

    http://www.WinningAtLife.com
    27 min
  • The Daily Wrap: 08.13.19
    03:19 - If Jay Leno can have his identity stolen, so can you. Learn some ideas on what may have happened to the former Tonight Show host, and how you might prevent something similar from happening to you. Gregory stresses the importance of setting up your account at SSA.gov.

    14:34 - The Numbers: the markets started off negative, but after a list of exempt items from the upcoming China tariffs is released, the markets turned positive and stayed there.

    19:38 - Steve in Houma asks Gregory how to get $20k in after-tax cash into a back door Roth IRA. Can his spouse's earned income cover his Roth contribution requirements?

    25:27 - The modern job market is incredibly more fluid than what previous generations had.

    33:41 - There's little concern from Gregory's side of the table over the record setting level of mortgage debt in the US. Some of it could wind up being bad news, but much of this is driven by ultra-low mortgage rates incentivizing people to take on more mortgage debt.

    http://www.WinningAtLife.com
    45 min

About Winning at Life with Gregory Ricks

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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…