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| Good morning, Daily Money crew, it's Nathan celebrating the onset of the weekend! |
| You know what they say. A dream is a wish your heart makes. ... Disneyland reopens today. (And, yes, I'm not ashamed to say I knew that lyric by heart.) |
| On to our ... |
| 💡 INSIGHT OF THE DAY: Due to contribution limits, it's tough to become a millionaire by only investing in an IRA. If you contributed the maximum $6,000 annually and earned 7% on average, it would take you 37 years to reach $1 million. Bottom line: An IRA is good to have, but a 401(k) will help you get there faster if your employer offers one. |
| 📰 Here are our top stories: |
| 1. Shaq, Ciara and A-Rod have one. But are SPACs, the latest investment craze, right for you? |
| 2. During his speech to Congress, President Biden cited a study claiming that dozens of American companies are paying no income taxes. The top 10 includes companies like Charter Communications, Nike and Salesforce. |
| 3. What if the best investment strategy for you is to buy and hold ... for decades? |
| 4. This just in this morning: Roku is pulling the plug on YouTube TV as its dispute with Google continues. Will they patch things up? |
| 5. Ever seen the "It's Gonna Be May" meme featuring Justin Timberlake? Get ready to. Here's how it happened. |
| I, for one, am floored that it's almost May. We're already four months removed from 2020. Does it feel like it to you? |
| --@NathanBomey |
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