The Afternoon's Top News Headlines

Here are some of this afternoon's top news stories from

Jun 13, 2014 at 2:31PM

Here are some of this afternoon's top news headlines from Follow us on Twitter at TMFBreaking and click here for today's full list of news headlines.

Latest GM Recalls Include Camaros With Possible Ignition Switch Problem

Why Finisar Corporation Shares Got Crushed

Why OpenTable Inc Shares Skyrocketed Today

What Does Intel’s Guidance Mean for Hewlett-Packard and AMD?

Long Live the PC: Intel's Rally is Pulling Microsoft and Hewlett-Packard Higher

Tepid Inflation Supports the Stock Market, But Will Prices Rise Soon?

E3 Unleashes Next Generation of Gruesomeness

Chevron Sells Oil Assets in Chad for $1.3 Billion

Why Nektar Therapeutics Shares Soared

Why Navidea Biopharmaceuticals Inc. Shares Briefly Spiked Lower

Why OncoMed Pharmaceuticals Inc. Shares Collapsed

Why TG Therapeutics Inc. Shares Temporarily Plunged

Why is Intel Corporation Soaring Today?

Why Yelp Inc Shares Are Screaming Higher Today

Winners and Losers From the E3 Video-Game Show

The Boeing Company Ropes in a Huge Chinese Order

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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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