You Won’t Need to Worry About Social Security if You Do This

Investing in America’s oil and gas boom could save you from needing to worry about Social Security. ConocoPhillips, Devon Energy and EOG Resources are the three stocks that could end your Social Security worries.

May 18, 2014 at 10:33AM
Conocophillips Britania

Photo credit: ConocoPhillips 

A recent poll discovered that 81% of Americans are worried about Social Security. That suggests that just 19% of Americans have a plan in place that completely offsets their worry about needing Social Security. You could be part of that 19% if you do one simple thing: Invest in America's energy boom.

Companies like ConocoPhillips (NYSE:COP), Devon Energy (NYSE:DVN), and EOG Resources (NYSE:EOG) are making their investors a lot of money by discovering new sources of oil and gas in the U.S. It's enabling these investors to forget about Social Security as they are collecting big dividend checks today, which are likely to grow larger over time. Meanwhile, these three stocks are compounding capital gains that are building really nice nest eggs for their investors.

You can join them by checking out the slideshow I created on these top oil stocks. In it you'll see why ConocoPhillips is poised to deliver annual returns topping 10% for the foreseeable future. You'll also discover how Devon Energy is growing its oil production by 20% annually, with no slowdown in sight. Finally, you'll see just how EOG Resources has emerged from the ashes of Enron to become one of America's top oil companies. 

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Matt DiLallo owns shares of ConocoPhillips. The Motley Fool owns shares of Devon Energy and EOG Resources. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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