3 Top Stocks That Can Triple Your Stimulus Check
The wait is nearly over for more than 100 million Americans. Following five months of negotiations, lawmakers on Capitol Hill reached an agreement on another round of fiscal stimulus.
The $892 billion coronavirus disease 2019 (COVID-19) relief package devotes $284 billion for the Paycheck Protection Program, adds $300 extra in weekly federal unemployment benefits through mid-March, and provides capital for the distribution of COVID-19 vaccines. Best of all, it provides a direct payment of up to $600 to qualified taxpayers. These payouts could begin hitting bank accounts as soon as next week, assuming Trump doesn't veto the bill.
For some working Americans, another stimulus check will help them make ends meet. For other recipients who don't have immediate cash concerns, a $600 stimulus check might be put to best use in the stock market. After all, the broader market has a habit of doubling about once a decade on average.
Source Fool.com
