Investor Beat, Feb. 4, 2014

The top business stories from Tuesday's market for today's Foolish investor.

Feb 4, 2014 at 9:43PM

In this video from Tuesday's edition of Investor Beat, host Chris Hill and Motley Fool analysts Mike Olsen and Morgan Housel dig into the biggest business stories from Tuesday's market facing Foolish investors today.

Microsoft has now appointed its new CEO, 22-year Microsoft veteran Satya Nadella, who replaces outgoing Steve Ballmer to be only the third CEO in the company's nearly 40-year history. Meanwhile, Bill Gates will exit his position as chairman of the board and move to a new role as technology advisor. In the lead story on today's Investor Beat, the guys discuss what initiatives they're hoping to see from Nadella, and why he may have been too conservative a choice for the company to have gone with.

Then the guys discuss four stocks making moves on the market today. J.C. Penney hit a fresh 52-week low today, after same-store sales for the fourth quarter rose by only 2%. Shares of Michael Kors were up big today, after third-quarter profit rose by 77%, with same-store sales in North America up by 24%. On Monday, RadioShack got a lot of praise for its Super Bowl commercial, but today The Wall Street Journal is reporting that the company plans to close about 500 of its 4,500 stores. And happy birthday to Facebook! The social network turned 10 today and got a boost to its share price as a birthday present.

Finally, Mike tells investors about the virtuous cycle that allows Progressive to grow and pass savings along to consumers, while Morgan discusses MasterCard, and the opportunity ahead of the company now that the economy is recovering and its lagging credit card business has a chance to catch up as consumers have more of an ability to pay off their debts.

Could your credit card soon be worthless?
The plastic in your wallet is about to go the way of the typewriter, the VCR, and the 8-track tape player. When it does, a handful of investors could stand to get very rich. You can join them -- but you must act now. An eye-opening new presentation reveals the full story on why your credit card is about to be worthless -- and highlights one little-known company sitting at the epicenter of an earth-shaking movement that could hand early investors the kind of profits we haven't seen since the dot-com days. Click here to watch this stunning video.

Chris Hill and Morgan Housel have no position in any stocks mentioned. Michael Olsen, CFA, owns shares of Microsoft. The Motley Fool recommends Facebook, MasterCard, Michael Kors Holdings, and Progressive and owns shares of Facebook, MasterCard, 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. 

Something big just happened

I don't know about you, but I always pay attention when one of the best growth investors in the world gives me a stock tip. Motley Fool co-founder David Gardner (whose growth-stock newsletter was rated #1 in the world by The Wall Street Journal)* and his brother, Motley Fool CEO Tom Gardner, just revealed two brand new stock recommendations moments ago. Together, they've tripled the stock market's return over 12+ years. And while timing isn't everything, the history of Tom and David's stock picks shows that it pays to get in early on their ideas.

Click here to be among the first people to hear about David and Tom's newest stock recommendations.

*"Look Who's on Top Now" appeared in The Wall Street Journal which references Hulbert's rankings of the best performing stock picking newsletters over a 5-year period from 2008-2013.