2 Value Stocks to Buy With Your $600 Stimulus Check That Can Make You Rich

Are you in a sound financial position where you're able to stay on top of your bills while also maintaining a solid emergency fund? If you are, you may want to consider investing the latest stimulus payment, if you received one. At the end of 2020, the government passed another pandemic relief bill that included sending checks of up to $600 to individuals, depending on their income levels. Many people are already receiving their stimulus checks.

On its face, $600 may not seem like a lot of money, but over the years it can grow significantly -- particularly when invested in undervalued stocks. Two stocks that are trading at modest earnings multiples are Merck (NYSE: MRK) and eBay (NASDAQ: EBAY). Together, they can be the building blocks of your portfolio for many years. And in addition to being cheap buys, they also pay dividends and can deliver recurring income to your portfolio.

Image source: Getty Images.

Continue reading

Source Fool.com