Monday's Top News Headlines

Here are today's top news stories from

Mar 31, 2014 at 9:36AM

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: Another Marvel Hit and a Spike in Demand for Eggs

Today’s Top Biotech Stories: Curis, Amgen, and Novartis

Weekend Box Office: ‘Noah’ Rides to Top Spot; Schwarzenegger’s ‘Sabotage’ Flops

J&J Accepts $4 Billion Carlyle Offer for Diagnostics Unit

Dominion Files Registration Statement for Dominion Midstream Partners, LP Initial Public Offering

Why Halozyme Therapeutics Inc. Popped Today

Chicago Economy Growth Slows to 8-Month Low

Dow Jumps as Microsoft, Disney Score Blockbusters; Dovish Yellen Boosts Financials

Texas Business Grows for 11th Straight Month

Chevron, Polish Firm to Explore for Shale Gas

U.S. Farmers Planting Less Corn, More Soybeans

FDA Lifts Clinical Hold on Curis Cancer Drug, Shares Surge

Why Nordion, Inc. Shares Soared Today

Marchionne: Fiat Chrysler Can Boost Output to 6 Million Vehicles a Year by 2018

Why MannKind Corporation Shares Cratered Today

N.Y. Attorney General Sues FedEx Over Cigarettes

Why Shares of UTi Worldwide Inc. Plunged Today

Dow Falls for the Quarter, But Don't Count 2014 Out Yet

ExxonMobil: Governments "Highly Unlikely" to Severely Restrict Fossil Fuels

GM Recalling 1.5 Million Vehicles for Steering Defect

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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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