Tuesday's Top News Headlines

Here are today's top news stories from Fool.com.

Jun 3, 2014 at 9:21AM

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

Stock Market Today: Hillshire Brands’ Bidding War and Dollar General’s Miss

Tuesday’s Top Biotech Stories: Vanda Pharmaceuticals, Prosensa, and Clovis Oncology

As EPA Launches War on Emissions, U.S. Plays Catch-up With Europe on Renewables

Tepid Home Sales Tamp Down Price Rise

Factory Orders up for 3rd Consecutive Month

Copper Staging a Mild Recovery

The Dow Drops Despite Factory Strength as Intel, Microsoft Diverge

Ford Motor Company's F-150 Loses Ground to GM and Ram

Buffett Lunch Auction Bidding Near $400,000

Automakers See Big U.S. Sales Gains in May

Why Verizon and AT&T Are Holding Back the Dow

Why Theravance Inc.'s 22% Drop Isn't What It Appears

Why The Ensign Group Inc. Got Crushered Today

Visa Leads the Dow Jones Lower Today

U.S. New Vehicle Sales Continue Rebound From 2014's Slow Start

Why Krispy Kreme Doughnuts Shares Dropped Today

New Factory Orders Hit Record High

Fiat Chrysler's SUVs and Ram Pickups Power Big Sales Gains

Nissan Motor Co. Finishes 2013 on a High Note, but Warns of a Modest Year Ahead

What's Wrong With Verizon Communications Inc. Today?

Why Clovis Oncology Inc. Shares Were Clobbered Again

Why Acadia Healthcare Company Inc Shares Took Off Today

2 Automakers' Sales Zoomed Ahead in May While 1 Stalled

Dominion Resources Inc. Ramps up Natural-Gas Requests

Gaming Stocks Sink as Macau's Growth Slows

Shares of Ambarella, Inc. Rise on Q1 Earnings Surprise

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. 

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.

Compare Brokers