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Life Lessons From the Lottery

Life Insurance Advisor: Out of the Closet

Don McNay | Posted 09.13.2014 | Business
Don McNay

I've called myself other titles, masking that my income comes from the life insurance industry. There are multiple reasons why my lifetime occupation became a semi-hidden secret. The industry itself went through the same kind of identity crisis.

A Main Street Way to Help Obese People

Don McNay | Posted 08.25.2014 | Business
Don McNay

"Don't you know things can change Things'll go your way If you can hold on for one more day" -Wilson Phillips I'm 55 years old and morbidly obese. ...

Same Sex Marriage, Taxes and Winning the Lottery

Don McNay | Posted 08.10.2014 | Business
Don McNay

The first step that all seriously committed couples, same sex or heterosexual, should do is find a competent financial planner to help them plot out a well thought out strategy.

How to Win Money on the 2014 Kentucky Derby

Don McNay | Posted 07.02.2014 | Sports
Don McNay

Moderation is smart in any situation, but especially when it comes to the Kentucky Derby.

Will You Be Truly Happy If You Win the Lottery?

Don McNay | Posted 07.26.2013 | Business
Don McNay

Winning the lottery has not always been the ticket to paradise. But if people use the money wisely, for a purpose, and with financial security being their number one priority, it might allow them to get closer to that elusive dream of happiness.

Is 401(k) Good for America?

Don McNay | Posted 03.12.2013 | Business
Don McNay

I've always encouraged people to put the maximum amount into a 401(k) plan. Few do. Many put in little or nothing at all. Now they are looking at a bleak retirement. Or no retirement at all.

Concerning Money: Keep Your Friends Not So Close and Enemies Even Further Away

Don McNay | Posted 04.12.2013 | Business
Don McNay

Most people have friends and companions who are within 15 percent of their own income. When that number gets out of whack, the temptation for the person who has money to use it as a source of control increases, and the temptation of the poorer person to justify being subsidized increases as well.

Is It Time to Make a Bold Move?

Don McNay | Posted 02.22.2013 | Business
Don McNay

Although I am the son of a professional gambler and a lifetime, self-employed entrepreneur, I preach a gospel of being risk-averse when it comes to money. I want people to be secure and have a safety net before they roll the dice on an investment.

Put Your Money in an Immediate Annuity Instead of a Lump Sum

Don McNay | Posted 02.16.2013 | Money
Don McNay

Taking money over time is a tenet of my faith. I believe in God, the Cincinnati Reds and not taking money in a lump sum.

Winning the Energy Lottery

Don McNay | Posted 02.06.2013 | Business
Don McNay

I grew up in an era of unrest in the Middle East I've lived most of my life with unrest in the Middle East. There is plenty of unrest in the Middle East now. I'd like to make sure that the United States has supplies of energy that actually come from the United States.

Amanda Clayton: Death by Being a Lottery Winner

Don McNay | Posted 12.02.2012 | Crime
Don McNay

Amanda Clayton was not your typical millionaire. In her short life, she won a million dollar lottery in Michigan, was convicted of collecting state welfare money after she got the million dollars and embroiled in a plethora of drama and legal battles. Now she is dead.