Winning at Life with Gregory Ricks

00:44 - Gregory welcomes you to Election Night 2018. The results of the midterm elections will most certainly affect your money, but history shows the markets tend to thrive in periods of political gridlock. The 2020 Election season opens tomorrow, and the economy could be the driving force. 07:32 - Millionaires don't wait in line. Gregory explains how you can be more productive by adapting some t...

01:45 - We review Gregory's guest appearance on the Gallo Show on Supertalk MS. The two main topics were the status of the MS State Pension's 13th Check, and how the election will affect your money. You hear Gregory's bold prediction from two sessions ago come true, and Gregory explains market symmetry. 13:45 - A client who had been with her company for 30 years just found out her job is going awa...

02:16 - Anyone can retire, but how do you retire well? Longevity has to been a concern when planning out your retirement income, and you need to be planning with the expectation of living past 90. 09:30 - Larry in Denver is coming into some money, and is thinking about putting it toward his mortgage or investing it. Gregory thinks dealing with the Adjustable Rate Mortgage should be a priority. 33:...

01:57 - Gregory Ricks and Associates is growing! A new office is opening in Biloxi and Mandeville. A common saying in the business world is: if you're not growing, you're dying. We're growing. 08:37 - Gregory Ricks Live is coming to Ruth's Chris in Metairie on Wednesday, November 14. This is your chance to meet Gregory Ricks, and find out more about what Gregory Ricks and Associates can do for you...

01:15 - The Numbers are horrible. The NASDAQ has one of its worst days in years, and the other indices all took big losses as well. The earning season is off to a good start, with some big names already beating estimates. Even little ol' Tesla turned a profit. 13:28 - Susan Roesgen from News With a Twist on WGNO asks for Gregory's advice for a situation with her father's estate planning. 26:02 - N...

The Mega Millions jackpot is expected to be around $1.6 billion. What would Gregory do if he won?

03:23 - Debbie in Slidell asks Gregory how her pension from the school system will affect her Social Security check. She heard from a person at Social Security her benefit will be cut by about two-thirds. Gregory drills down with a few questions, and Debbie's situation is not nearly as bad as she has been led to believe. 09:56 - Robert in New Orleans asks Gregory if putting real estate in a trust...

01:08 - Sears files for Chapter 11 bankruptcy. Gregory noticed some differences on his recent trip to Sears, and it wasn't that busy. Hear a couple of clips from Milton Friedman the Phil Donahue Show around 1980 with a debate about Sears vs Kmart. 12:56 - Gregory responds to clips on economic issues from Trump's interview on 60 Minutes. Trump's practice of Truthful Hyperbole is on display, and he...

00:58 - Sears bankruptcy imminent. Gregory sees it's likely to happen on Monday. 04:12 - The Numbers: After two days of a bloodbath, the markets limp along in positive territory. The isn't the robust bounce back you would hope for after such huge losses. GE is circling the drain. 12:17 - The roar of the permabears: Gregory reviews the enthusiastic permabears hoping this market correction is the te...

00:58 - Hurricane Matthew update. 02:03 - Rufkin in Lucedale asks Gregory's thoughts on investing in your employer's stock. He's been investing through the company plan, and isn't sure if he's doing the right thing. Gregory breaks out the charts and goas through the basics on when a stock is in a buying position. 12:18 - Gregory and James summarize the topics from the Saturday show. 15:34 - Terry...

00:49 - Quick update for the far eastern reaches of our broadcast in the path of Hurricane Matthew. 04:03 - Carla in Memphis recently sold the family business and netted about $3 million. They are working on a building a new business, and want to know if Gregory approves of using that cash as seed money to expand their new business, or should they try and leverage their new endeavor? 12:33 - Ken i...

01:20 - In a strange twist of fate, NFL Commissioner Roger Goodell thanks President Trump for the part of the new trade agreement that will open up a new revenue stream for the league from Canadian broadcast rights. Some think Trump could be holding a grudge with the NFL dating back to his days with the USFL, but this appears otherwise. 13:13 - The Windfall Elimination Provision affects those who...

01:46 - The industries Millenials are ruining. Even slight changes in the tastes and behaviors of Millenials are rocking some mighty industries. I suppose cereal is too much of a hassle? And who would be against old school yogurt? 31:03 - Gregory may have invented liquid soap. 34:15 - The economy is doing great now, but what are the signs of the next downturn? http://www. WinningAtLife.com

01:47 - The USMCA is the new trade agreement between the US, Mexico, and Canada. As more is learned about the details, the polarization grows. 07:34 - A report claims Americans are waiting longer to start their retirement benefits. Some of that behavior is influenced by the Full Retirement Age inching up, and boomers continuing to work well into their 60s. 14:34 - It's Gregory's birthday, and he o...

01:08 - Quick preview of the show's headlines and topics for the day. 03:34 - Ferrari's recently announced new supercar is already sold out. Pricing starts at $1.75 million, and Ferrari is limiting production to 499. What an amazing business model you have when demand for your product far exceeds the supply. 13:34 - The House passed Tax Reform 2.0, and it heads to the Senate. It would make the ind...

01:50 - We review the Caller of the Week: Gregory explains to John in Violet how the Required Minimum Distributions are calculated on an Inherited IRA. Gregory follows the call with a round up of what you need to do if you inherit an IRA. 8:59 - Jerome in New Orleans wants to know how he can prove he owns his businesses. 12:12 - Gregory continues to explain how business owners can get the correct...

00:33 - The Federal Reserve raises its target funds rate as expected. This keeps Gregory's Podium Theory alive, and signals things are humming along nicely in the economy. The contrast in how current Fed Chair Jerome Powell sounds compared to former Fed Chair Janet Yellin is astounding. Gregory points out that conservative investors have some much better returns. 16:38 - Gregory reviews a proposed...

01:16 - Social Security is getting a 2.8% Cost of Living Adjustment, the largest in a while. Gregory explains how your Medicare premium increases can offset your Social Security benefit, and 08:41 - Gregory shares a story of a couple who wants to retire in 3 years, and their pensions will eat into their Social Security benefits, so things get complicated. Gregory says they are ready to retire now....

01:29 - A new poll from Gallup shows a record low number of people consider the economy the top problem in the country. Gregory thinks the fact that the President is a complete outsider from both political parties partially explains why our booming economy isn't a bigger story. 06:49 - Need a new career late in life? Learn to code! Gregory encourages those who are looking for a new career to check...

01:04 - Why you need to sign up for your account at the Social Security website NOW. Gregory strongly encourages you to go to SSA.gov, and gives some compelling reasons on how that can save you some problems, and what to check for. It can prevent a form of identity theft, and correct your earnings record. 16:04 - This year 44% of tax payers will pay nothing in income taxes. Gregory thinks we need...

0:01:07 - The charitable heroism of the Cajun Navy response to hurricane Florence is an inspiring display. From a financial standpoint, it's important to note that all of these brave volunteers can only help others if they have an emergency fund robust enough to cover the costs of making boat rescues on the other side of the country, AND be able to miss work. Gregory encourages you to be resolute...

00:59 - Hurricane Florence is interrupting some college football games, including the postponing of the Southern Miss game this weekend. If you ever hear Winning at Life being preempted by sports on the air, you can always catch us on the app. 02:21 - We preview what's coming up on the Saturday show with Jude Heath: after 6 months, ZERO people have registered their short term rentals in Jefferson...

01:21- With a giant hurricane heading toward the Carolinas, it's a good opportunity to review your emergency preparation. One big change from days past is your smart phone. It could be a good idea to take pictures of some of your important documents, and get some pics/videos of your home and its contents for insurance purposes. This also reinforces the incredible importance of having an emergency...

01:01 - You can now listen to the Winning at Life podcast on all Southwest Airlines flights via the iHeartRadio app without having to pay for Wifi! 02:23 - Research from Neilsen shows that people who are avid listeners of business podcasts like Winning at Life are more likely to buy liquor, wine, and beer than other podcast genres. 05:55 - What degree is the worst investment possible? Gregory has...

0:02:52 - Chris texts in a question from the Winning at Life app: is it better to max out my TSP or invest elsewhere? Gregory evaluates the different choices within a TSP like Chris', and stresses the importance of getting some tax diversity in the mix. 0:07:29 - Gregory explains how the beginning of almost any financial plan is an emergency fund. 0:13:08 - The next Gregory Ricks Live is coming up...