3 Surefire Stocks to Buy With Your $600 Stimulus Check
After months of debate, Congress finally got to work this past week and passed an $892 billion stimulus package. Though it pales in comparison to the $2.2 trillion doled out in the CARES Act, it'll be providing more than $280 billion to the Paycheck Protection Program and boosting federal unemployment benefits to the tune of $300 a week though mid-March.
However, the real buzz of the latest stimulus deal is the inclusion of another round of direct payments to American taxpayers. More than 100 million people could qualify for a stimulus check worth up to $600. For reference, this is half of what Capitol Hill doled out via the CARES Act.
For some Americans, a payout of $600 will be used to pay bills or buffer an existing emergency fund. But for those folks who are already on solid financial footing, this might be the perfect opportunity to put that stimulus check to work in the greatest wealth creator on the planet: the stock market.
Source Fool.com