Thursday's Top News Headlines

Here are today's top news stories from

Feb 13, 2014 at 9:17AM

Here are today's top news headlines from Check back throughout the day as this list is updated, and follow us on Twitter at TMFBreaking.

Stock Market Today: A Mega Merger in the Cable Industry

Acorda Therapeutics, The Medicines Co. and Shire Plc Could Be Big Movers in Healthcare Today

PepsiCo, Q4 Results and 2014 Guidance Like Trail Mix; Boosts Dividends and Buybacks

GM Recalling Nearly 780,000 Compact Cars for Ignition Problem

J.C. Penney CFO Ken Hannah Leaving the Company

Apache Corp. Sells Argentina Operations to Argentina State Energy Company

Overseas Strength and New Menu Items Help Burger King

Following Acquisition, Realty Income Corp. Net Income per Share Up 24%

Mortgage Rates Lose Direction, Moving Up, Down, and All Around

Vanda Pharmaceuticals' Q4 Loss Widens on Higher Expenses

New Gender Options for Facebook Users

Hundreds of Thousands of Mirrors Populate Huge New Solar Power Plant

Why Shares of iRobot Are Continuing to March Higher Today

Why Angie's List, Inc. Shares Plummeted

Why Skechers USA, Inc. Shares Stepped Up a Level

Why Shares of Orbitz Worldwide, Inc. Skyrocketed

Export Rules Hinder U.S. Drone Companies

Why LeapFrog Enterprises, Inc. Shares Were Sinking

Winter Storms Threaten to Chill U.S. Economy

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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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