top | item 26285745 (no title) xavierlint | 5 years ago > There's so much much better personal finance advice out there, even one-pagers out thereI haven't seen concise one-pagers with advices, could you please share some links? discuss order hn newest wdr1|5 years ago University of Chicago professor Harold Pollack said that the best personal finance advice can fit on a 3-by-5 index card.https://en.wikipedia.org/wiki/The_Index_Card- Max your 401(k) or equivalent employee contribution.- Buy inexpensive, well-diversified mutual funds such as Vanguard Target 20xx funds.- Never buy or sell an individual security. The person on the other side of the table knows more than you do about this stuff.- Save 20% of your money.- Pay your credit card balance in full every month.- Maximize tax-advantaged savings vehicles like Roth, SEP and 529 accounts.- Pay attention to fees. Avoid actively managed funds.- Make financial advisors commit to the fiduciary standard.- Promote social insurance programs to help people when things go wrong.
wdr1|5 years ago University of Chicago professor Harold Pollack said that the best personal finance advice can fit on a 3-by-5 index card.https://en.wikipedia.org/wiki/The_Index_Card- Max your 401(k) or equivalent employee contribution.- Buy inexpensive, well-diversified mutual funds such as Vanguard Target 20xx funds.- Never buy or sell an individual security. The person on the other side of the table knows more than you do about this stuff.- Save 20% of your money.- Pay your credit card balance in full every month.- Maximize tax-advantaged savings vehicles like Roth, SEP and 529 accounts.- Pay attention to fees. Avoid actively managed funds.- Make financial advisors commit to the fiduciary standard.- Promote social insurance programs to help people when things go wrong.
wdr1|5 years ago
https://en.wikipedia.org/wiki/The_Index_Card
- Max your 401(k) or equivalent employee contribution.
- Buy inexpensive, well-diversified mutual funds such as Vanguard Target 20xx funds.
- Never buy or sell an individual security. The person on the other side of the table knows more than you do about this stuff.
- Save 20% of your money.
- Pay your credit card balance in full every month.
- Maximize tax-advantaged savings vehicles like Roth, SEP and 529 accounts.
- Pay attention to fees. Avoid actively managed funds.
- Make financial advisors commit to the fiduciary standard.
- Promote social insurance programs to help people when things go wrong.