Tech Teardown: Jan. 27

All the latest developments in tech from The Motley fool.

Jan 27, 2014 at 11:00PM

Samsung could be switching its focus to copying Google instead of Apple with its newest initiative, Galaxy Glass. Kantar World Panel has released the latest numbers in the smartphone war, which show that Google's Android platform still dominates, BlackBerry is gasping its last breath, and Windows Phone may be cementing itself firmly in third place. Apple, meanwhile, may be gearing up to release iPhones with sapphire glass screens sometime in the near future, and the company may also be regaining a foothold in Russia that it lost four years ago.

In Monday's episode of Tech Teardown, host Erin Kennedy sits down with Motley Fool tech and telecom bureau chief Evan Niu to discuss the biggest stories in tech from the market today.

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Erin Kennedy and Evan Niu, CFA, both own shares of Apple. The Motley Fool recommends Apple and Google and owns shares of Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

A Financial Plan on an Index Card

Keeping it simple.

Aug 7, 2015 at 11:26AM

Two years ago, University of Chicago professor Harold Pollack wrote his entire financial plan on an index card.

It blew up. People loved the idea. Financial advice is often intentionally complicated. Obscurity lets advisors charge higher fees. But the most important parts are painfully simple. Here's how Pollack put it:

The card came out of chat I had regarding what I view as the financial industry's basic dilemma: The best investment advice fits on an index card. A commenter asked for the actual index card. Although I was originally speaking in metaphor, I grabbed a pen and one of my daughter's note cards, scribbled this out in maybe three minutes, snapped a picture with my iPhone, and the rest was history.

More advisors and investors caught onto the idea and started writing their own financial plans on a single index card.

I love the exercise, because it makes you think about what's important and forces you to be succinct.

So, here's my index-card financial plan:


Everything else is details. 

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