Winning at Life with Gregory Ricks

Jeff in Houma wants Gregory's guidance on doing a Backdoor Roth IRA. Gold retreats from its all-time highs, as the world seems to be running out of bad news. Netflix and Amazon are killing it in the stock market, and it seems like there's plenty of room to go up. Mark in Mandeville has been forced to retire early. Should he go ahead and turn on his Social Security early? The IRS is facing a backlo...

Stephanie from Pascagoula got a letter from Social Security, and asks Gregory about the new changes to her monthly check. Rebecca in Metairie asks if Social Security Disability benefits pay a month after you turn your benefit on. Social Security benefits are paid a month behind. David in Baton Rouge is receiving a disability check from both Social Security and the military. When does he switch to...

If you're wanting to get into the Roth IRA game, Gregory reviews a couple of short calls from Saturday showing how to set up some tax free income streams for retirement. Apple stock sets a new record high ahead of this week's 4-to-1 stock split, and positive buzz about the iPhone 12 coming out in October. Gold is retreating from its recent all-time high. It will need more bad news to keep going up...

Mark on the Causeway has a rental property he's looking to sell. Will he have to pay taxes on the gains from the sale? Gregory explains it balances out between the gain from the cost basis, minus what you've put into the house, and how much it's been depreciated on previous years' tax filings. Mark in Mandeville has been forced to retire early. Should he go ahead and turn on his Social Security ea...

Is Social Media a force for good? Depending on how you use it, Social Media can be a powerful tool. Are you using it to build up, or tear down? The Numbers segment is incredible, with another record close for the NASDAQ, Tesla breaks $2K, and Payless makes a comeback. Gregory explains how the Invest 50-50 strategy blends your investments to win. http://www. WinningAtLife.com

Apple becomes the first company worth $2 trillion! They did it by consistently delivering innovating products. Biden's tax plan is released from the Democrat Convention. The stock market rebound completes the shortest bear market in history by a long shot. Intergenerational wealth is the exception, not the rule. The Numbers are tremendous, with great earnings reports coming in from the big boys. h...

Oracle has entered the arena of those looking at buying Tik Tok. Larry Ellison's interview with Maria Bartiromo shows you a tech titan looking to get even bigger. Robert in Westwego wants to know his options on when to start Social Security. Gregory walks him through his options. Rusty in Gulfport asks how the income clawback works if you're receiving early Social Security retirement benefits. Bar...

Randy in Kenner asks Gregory Ricks and Jude Heath if age requirements for a Qualified Charitable Distribution from his IRA changed when the rules for Required Minimum Distributions was changed by the SECURE Act. Mark on the Causeway has a rental property he's looking to sell. Will he have to pay taxes on the gains from the sale? Gregory explains it balances out between the gain from the cost basis...

Tom in Houma isn't happy with the measely interest from his savings account at the bank. What if he put some of that money into a stock that pays a dividend? Joelle in Laplace asks Gregory about the changing mortgage fee rules. Mike in Alabama asks for more info on Gregory's Door #2. Jude Heath CPA gives details on what it would take for you to file your taxes in the State of your second home. Ran...

John on the Northshore asks if he still has to sign up for Medicare even though he has health insurance through his employer. Gregory goes over some of the basic scenarios when starting Medicare. Bill in Albany gives us an update on his situation, and wants to know more about the annuities he's holding. Learn the new rules for Unemployment Insurance going forward. Who qualifies, and how much will...

Kenny in Gonzales asks Gregory's thoughts on gold as a safe haven. Gregory refers to a historical breakdown of how gold has performed as a hedge against inflation. It looks like gold is overvalued. John on the Northshore asks if he still has to sign up for Medicare even though he has health insurance through his employer. Disney says they will be charging an additional $30 to stream the new live-a...

Gregory explains how the Invest 50-50 strategy gives you proper blending with minimal risk, and minimal fees. Robert in Mandeville doesn't like his forbearance options. Kenny in Gonzales asks Gregory's thoughts on gold as a safe haven. Hear Trump explain his 4 new Executive Orders. Norman in Garyville gives his take on why the US economy is not going to collapse anytime soon. http://www. WinningAt...

Carol in Mobile has a series of issues to figure out, and she's getting conflicting information. First, she heard on our show that pension income isn't taxable at the state level in Alabama, and she believes she's been getting taxed on hers. She wants to convert some of her 401k into a Roth. She turned on Social Security at her Full Retirement Age, and continues to work. And she asks if she has to...

If you max out your Social Security, does that mean the spousal benefit will be bigger, too? Joe texts in his question from the Winning at Life App. The Numbers are good, with the NASDAQ clocking another record high, and settling just below 11K. Walmart takes a hit as they announce another delay for Walmart+. Carol in Mobile has a series of issues to figure out, and she's getting conflicting infor...

Where do bonds fit into your investment portfolio? Gregory explains how and why Bond ETFs can be a cornerstone of your retirement savings. Fred in River Ridge asks Gregory if there's any advantages to taking your Required Minimum Distribution even though they've been cancelled for 2020. Maria Bartiromo rings the opening bell of the NYSE to commemorate the 25th anniversary of the first live reporte...

Gregory shares some feedback that sounds more like pushback on our discussion on unmarried couples sharing a mortgage. Chris in Jefferson is looking for money making opportunities with the change in behavior from the pandemic. The average age of a car hits a new high. New car sales took a sturdy hit this year. Classic cars and restorations are a more popular hobby as well. A FoxBusiness.com checkl...

Big Tech gets even bigger, as Apple passes Aramco to become the most valuable public company on the planet. Apple also announces a stock split, which have become more rare as of late. How do you use bonds to make money? Gregory explains how correctly investing in bonds can play a crucial role in keeping your portfolio moving forward during rough times. Peter in Gonzales asks Gregory when he should...

Gregory has lessons from Rock Climbers for financial planning. When climbing a mountain, they often hammer in points that prevent them from free falling past that point. Fixed Indexed Annuities provide a similar level of safety. How do are 401k and IRA beneficiaries designated? Pam in Mississippi is concerned about her husband's health, and wants to make sure the money passes to her as seamless as...

Federal Reserve Chairman Jerome Powell plans on keeping the money flowing in various stimulus programs until the virus goes away. The history of the markets over the months leading up to an election. It's hard to say if markets will follow that trend in a year as chaotic as 2020. Have you heard of Free Solo Climbing? It's mountain climbing without using any equipment to assist. Investing in single...

Should non-married couples share a mortgage? John emails Gregory to ask how he can get his name on his girlfriend's mortgage. Her name is on the mortgage and the house, but he pays the bills. Gregory says that can be fixed easily, but having the conversation with the girlfriend isn't so simple. Ann on the Westbank asks Gregory: Can she can roll over some of her 401k to a Roth IRA? And then we find...

Gold hits an all-time high, and Silver is on a tear as well. Chris in Jefferson aks Gregory's thoughts about buying stocks for some of the companies working on a Coronavirus vaccine. Gregory would shy away from individual stocks, and maybe start looking at ETFs that cover that sector of the market. Why are dairy herds plummeting over the last year or so? Roderick in Macomb asks if he can take divi...

When Do You Need a Fixed Annuity? How would you like 3 percent growth for the next 3 years with no risk? Wayne in Lakeview may be moving money to fixed annuities to exit risk. Wayne in Van Cleave asks for Gregory's thoughts on the rumor that the bank can keep your money in an emergency. Mike in Covington inherited some stock and cash. How does he figure out where to put it? Dwayne Stein of Mortgag...

When should you use Fixed Annuities? Gregory explains the big role they could be playing in your portfolio. Dwayne Stein of MortgageGumbo.com reveals what people are doing to get out of forbearance, or get out of their current mortgage service provider. Is Wells Fargo in trouble again? Here's what's coming in the CARES Act update, and it doesn't include a Payroll Tax Cut. Steve in Luling has a tou...

How would you like a guaranteed return of 3% over the next 3 years? Gregory has some ideas on how to get it done with a Fixed Annuity. Digital listening now outpaces traditional listening. Our radio show and podcast can be found on literally dozens of platforms as well, including several apps on your smart tv. Michael Lee was a guest on Charles Payne's show on Fox Business, and was making an excel...

Roderick in Macomb is retiring early, and turning on his pension. If he turns on his Social Security retirement benefit early, would he be penalized for his pension income? Norman in Garyville is thinking of turning on his Social Security at Full Retirement Age. If he continues to work, will there be any kinds of cuts to his Social Security check? Drew Brees and several other Saints are publicly e...