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Don Mcnay

A 60 Second Explaination of Immediate Annuities

Don McNay | Posted 05.25.2011 | Business
Don McNay

2010-12-22-pizzamoney.jpgYour relationship with your money compares to a dieters relationship to food.

Wealth Without Wall Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

If you trace the history of almost any national company, you'll find that somewhere along the way a story in a publication put that company in the spotlight.

Jimmy V, Elizabeth, Aretha & The Economics of Cancer

Don McNay | Posted 11.17.2011 | Healthy Living
Don McNay

We have become a nation where our leaders can throw billions at places like Goldman Sachs, which does nothing to touch the lives of average Americans, but underfund the war against cancer, which touches almost every family.

Have We Lost Our Common Sense?

Don McNay | Posted 05.25.2011 | Books
Don McNay

Corbin, Kentucky's Bob Terrell is a man rooted in small-town wisdom.

Byron Crawford, Bard of the Backroads

Don McNay | Posted 05.25.2011 | Books
Don McNay

Crawford's new book, Kentucky Footnotes, appears to be anthology of some his most interesting columns from his 29 years as an award-winning columnist. It's more than that.

All the Devils Are Here: Best Business Book of the Year

Don McNay | Posted 05.25.2011 | Business
Don McNay

McLean and Nocera don't give us an idea as to where to look for angels. But the book is comprehensive, and I feel certain that all the devils are here.

Financial Fitness and Physical Fitness

Don McNay | Posted 05.25.2011 | Business
Don McNay

Most of us want to be physically fit, but very few of us are. The same holds true with financial security. As my father (and many others) used to say, "A lot of people want to go to heaven but no one wants to die to get there."

Will Our New Leaders Encourage Consumers to Save?

Don McNay | Posted 05.25.2011 | Business
Don McNay

If our next set of leaders truly wants to make an impact, they need to get America focused on saving.

Kentucky an Election "Sneak Preview"

Don McNay | Posted 05.25.2011 | Politics
Don McNay

As Nate Silver and other election watchers have noted, the Kentucky Sixth Congressional District race between incumbent Democrat Ben Chandler and Rep...

Josh Hamilton, Pete Rose and the Power of Redemption

Don McNay | Posted 05.25.2011 | Sports
Don McNay

Amazing Grace, how sweet the sound, That saved a wretch like me. John Newton Before he played in his first major league baseball game in 2007, I ...

Third World America: Is Living a Normal Life a Political Statement?

Don McNay | Posted 05.25.2011 | Impact
Don McNay

America is going through economic chaos. But a lot of other things are going on, too. There aren't enough of us living normal, stable lives.

Be First in Your Age Group to Embrace Technology

Don McNay | Posted 05.25.2011 | Technology
Don McNay

The New York Times recently had a fascinating article about a car that Google is working on that can drive itself. I want one.

Eat, Pray, Love and the Economic Crisis

Don McNay | Posted 05.25.2011 | Books
Don McNay

Liz Gilbert said of Italy, "In a world of disorder and disaster and fraud, only artistic excellence is incorruptible." I have pondered her insight for weeks. I keep asking myself the essential question. Is the US headed the way of Italy?

What will the Recovery Look Like?

Don McNay | Posted 05.25.2011 | Business
Don McNay

The knee-jerk style of economic planning in firms around the country is the result of no one in Washington thinking past the next news cycle. Everyone is looking for "quick fix" to get us back to "normal."

Bailouts Don't Work: The Lotto Winners Study

Don McNay | Posted 05.25.2011 | Business
Don McNay

You can see why bailouts fail. Wall Street and lottery winners have a common bond. They have access to easy money without restraints.

The Hangover From America's Bailout Party (VIDEO)

Don McNay | Posted 05.25.2011 | Business
Don McNay

For a decade, Wall Street was playing funny money games, and many Americans also felt like they were invited to the celebration. We were living in fantasy land, but the fantasy is over and we woke up to a nightmare.

Is Main Street Ready for the Second Wave of the Recession?

Don McNay | Posted 05.25.2011 | Business
Don McNay

The phrase "double-dip recession" means little to most of us. To people on Main Street, it hasn't been been a "dip". We took a drop to the bottom two years ago and stayed there.

Wall Street and Legalized Loan Sharks

Don McNay | Posted 05.25.2011 | Business
Don McNay

If there was ever a shining example of why you should Move Your Money from Wall Street, legalized loan sharking is a good one.

Money and the Magic Pill

Don McNay | Posted 05.25.2011 | Business
Don McNay

Right now, the top six "too big to fail" banks control about 70% of the wealth in America. Here's how we can all change that.

Was "Financial Reform" Really Robin Hood In Reverse?

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."

After Goldman Give Up, Why Would Wall Street Be Scared of SEC?

Don McNay | Posted 05.25.2011 | Business
Don McNay

My father was a professional gambler and used to carry a roll of money that he called "walking around" money. Walking around money is what the SEC settled for in the Goldman Sachs case today.

Citi Field: Baseball's Symbol of Why You Should Move Your Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

Houston was able to find a stadium sponsor to replace Enron. A city as big as New York should be able to find a sponsor for the Mets' field that is not funded by the American taxpayers.

On Winning the Lottery, "Sin City" & "Big Money"

Don McNay | Posted 05.25.2011 | Business
Don McNay

Don McNay has been on a book tour, promoting his book, Son of a Son of a Gambler: Winners, Losers, and What to Do When You Win the Lottery. In a ...

A Teaching Role Model on Teacher Appreciation Week

Don McNay | Posted 11.17.2011 | Healthy Living
Don McNay

The first week of May is Teacher Appreciation Week. One that I was glad to have was Dan Tieman. 34 years later, I still remember his teaching. It made an impact on my life.

Betting on a 2010 Kentucky Derby Winner

Don McNay | Posted 05.25.2011 | Sports
Don McNay

Each year, I write a column on Derby Day, and if you have followed my advice, you have lost a lot of money. The large fields at the Kentucky Derby throw logic out the window. Still, the betting system I tour is a good one.