Financial Literacy Month Question of the Day: April 2nd, 2011


A Mutual Fund is….

A) An account consisting of a variety of investments (like Stocks or Bonds)
B) A savings fund at Mutual of Omaha Bank
C) A bunch of guys chipping in for the next beer run

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By |April 2nd, 2011|Personal finance|0 Comments

The Lottery is Not Your Best Chance for Financial Security

Myth: Lottery is my best chance of becoming a millionaire. You can’t win if you don’t play!

Truth: You won’t win if you do play. Lottery is a tax on the poor.

Let’s look at the facts here. You’ve probably heard that you are three times more likely to be struck by lightning than to win the […]

By |June 1st, 2010|Money Myths, Myths vs. Truths|2 Comments