Episode 1318: The Weekly Wrap 11.16.24

Winning at Life with Gregory Ricks: The Weekly Wrap

Gregory Ricks and Dwayne Stein discussed the importance of home ownership and financial planning. They highlighted the recent rate cut's minimal impact on mortgage rates and emphasized the long-term benefits of home ownership, including building equity. Dwayne noted that 40% of U.S. households are free and clear of mortgage debt, underscoring the stability of the housing market. They also stressed the importance of budgeting for unexpected expenses and leveraging home equity. Gregory introduced new initiatives, including the "Advisor Lounge" and upcoming webinars, to provide additional financial education and resources. Gregory Ricks discussed strategies for managing tight financial situations and emphasized the importance of planning for retirement. He highlighted the positive market trends post-Trump's election win, noting a significant market rally and the Fed's recent quarter-point interest rate cut. Ricks also mentioned the upcoming TV show in Hattiesburg, Gulfport, and New Orleans, set to launch in January. He stressed the importance of having a core income source and diversified investments, including annuities. Additionally, he outlined 15 critical money talks every parent must have before retiring, covering topics like estate planning, long-term care, and financial expectations.
KEY TOPICS
Estate Planning, Mortgage Rates, Home Ownership, Financial Education, Real Estate Market, Equity Building, Emergency Fund, Retirement Planning, Investment Strategies, Financial Advice, Market Update, Budgeting Tips, Hard Assets, Wealth Management, Financial Goals, Market Gains, Financial Planning, Retirement Strategies, Advisor Lounge, Positive End, Financial News, Investment Advisory, Retirement Income, Social Security, Estate Planning, Financial Education, Market Commentary, Election Impact, Retirement Goals, Financial Stability
For LIVE financial news talk radio, tune into "Winning at Life with Gregory Ricks" LIVE on Saturday Mornings on:
WRNO-News Talk 99.5 FM New Orleans - 10 am - 1 pm
WBUV-News Talk 104.9 FM Biloxi - 10 am - 1 pm
OR
For financial news talk ON DEMAND, tune into the Ask Gregory Podcast for more financial topics that may interest you! Visit: https://gregoryricks.com/podcast/