Tuesday, June 8, 2021

The Daily Money: Who needs the internet, anyway?

In today's Daily Money newsletter, we've got insights on major website outages, the Ford Maverick debut and meme stocks like GameStop and AMC. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Tuesday, June 8

Good morning, Daily Money friends, it's Nathan hoping that your favorite website or app is working this morning!

Yes, it's not just you. Major websites across the internet were down for a period this morning, including Google, Amazon, Instagram, Twitter, CNN, the New York Times and, yes, yours truly, USA TODAY.

The issue is believed to be linked to something called Fastly, a cloud computing platform that powers many major websites. Tough day for Fastly.

On to our ... 

💡 INSIGHT OF THE DAY: If you saved $6,000 per year in a Roth IRA beginning at age 22 and earn 8% annually, you'd have $2.5 million by age 67.

📰 And here are more stories you won't want to miss:

1. It's here. Ford this morning debuted its long-awaited compact pickup, the 2022 Ford Maverick. This accelerates a trend of compact pickups returning to the marketplace.

2. Don't be a lemming, this adviser says: Resist the urge to buy "meme stocks" like AMC, Gamestop and Blackberry.

3. Corporate boards are growing more diverse. But it may take decades to get close to parity.

4. Would a new 401(k) plan help get you back on track if you're behind on your retirement

5. Need to ask for your old job back? Here's some tips on how to do that.

I'll keep those tips in mind in case something ever happens at my job. NOT THAT ANYTHING WOULD.

--@NathanBomey

The 2022 Ford Maverick Lariat FX4 (EcoBoost engine) in a Hot Pepper Red color that was shown off to the media at a studio in Detroit on Wednesday, June 2, 2021.
Ford sets out to create new pickup fans with roomy hybrid 2022...
The 2022 Ford Maverick pickup's passenger space is considerably more than Ford's discontinued Fiesta and Focus small cars. And it's priced right.
Fortune 500 boards getting more diverse, but progress is slow
Smiling office workers on mobile devices.
Resist the urge to buy AMC, Gametop stocks. Their businesses are...
An AMC theater marquee.
This is what to do if you fall victim to an unemployment scam
Someone completing an unemployment benefits form.
Career change: Can I ask for my old job back? Ask HR
A woman asking a man questions in a job interview
How to retire with $3 million on a $70,000 salary
Watering plants sprouting money.
I'm behind in retirement savings. Will a new 401(k) help?
You could end up paying more than $100,000 in 401(
IRS to send millions of letters about monthly Child Tax Credit...
Leticia Campos hugs her four-year-old son, Matthia
How to save with Target's loyalty program
The Target dog mascot above the Target Circle logo
5 crucial money decisions you'll make in your life
The popularity of 529 savings plans has fallen, bu
 
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