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Posts Tagged ‘investing’
The Ricks Report – February 5, 2018
The Ricks Report February 5, 2018 NUMBERS OF $IGNIFICANCE $ REQUIRED MINIMUM DISTRIBUTIONS – If you turned age 70 ½ sometime in 2017, then you must begin taking annual withdrawals from your IRA accounts no later than 4/01/18. If you delay your 1st withdrawal until 4/01/18, you must also take a 2nd distribution by…
Read MoreWinning at Life: Gary in Gautier: What's your thoughts on day trading?
Gary leaves a question for Gregory Ricks on the Winning at Life app asking for his thoughts on how to get started day trading. Gregory explains why he’s not a big fan of day trading, and warns about the pitfalls.
Read MoreThe Ricks Report – October 23, 2017
The Ricks Report October 23, 2017 Numbers of $ignificance • INCREASING EQUITY – The average loan-to-value ratio in the US housing market as of 6/30/08 was 55%, i.e., the average home mortgage had 45% of equity behind it. The average loan-to-value ratio in the US housing market as of 6/30/17 was 42%, i.e., the average…
Read MoreThe Ricks Report – October 9, 2017
The Ricks Report October 9, 2017 Numbers of $ignificance LARGEST IN THE WORLD– The US economy is $19.25 trillion in size as of 6/30/17. 10 years ago (2007), the economy was worth $14.48 trillion. 20 years ago (1997), it was worth $8.61 trillion. 30 years ago (1987), it was worth $4.87 trillion (source: Commerce Department).…
Read MoreWinning at Life: What If I Win the Lottery?
The largest single Powerball winner was on TV today, and Gregory explains how this is a bad sign that she’s getting off to a bad start. What SHOULD you do if you win the lottery (or otherwise come into a big pile of money)?
Read MoreAugust 2017 Newsletter
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Read MoreWinning at Life: I'm Thinking About Investing $100k in Real Estate
Eric in Ohio calls into Winning at Life to ask Gregory Ricks and James Parker if he should use his $100k in savings to invest in real estate. Eric was listening on Periscope @GregoryRicks
Read MoreBrent from Metairie: How do I invest in gold without buying physical gold?
Gregory Ricks and James Parker discuss different ways to invest in gold other than buying coins and bars with Brent from Metairie on Winning at Life.
Read MoreWinning at Life: Should I pay off this low rate mortgage balance with my savings?
Mike in Ocean Springs, MS calls into Winning at Life with Gregory Ricks to ask if he should pay off the remainder of the balance on his mortgage loan that has a rock bottom interest rate, or invest that money elsewhere?
Read MoreWinning at Life: a real estate flip horror story
On Winning at Life, Gregory and James hear about a real estate flip gone wrong from Traci, a partner of the Realty firm Dwell Nola. Real Estate investing can be a profitable venture, but most people who don’t get properly educated get their clocks cleaned. Real Estate is not for the faint of heart.
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