3 Top Stocks to Buy With Your $600 Stimulus Check
The wait might soon be over. Following five months of heated negotiations between the Democrat-led House of Representatives and Republican-controlled Senate, the two sides have agreed on a $900 billion package to support American workers and reignite economic growth. While Trump could still torpedo the bill, the stimulus seems close.
The nearly 5,600-page bill adds $284 billion in Paycheck Protection Program loans, provides $300 extra in weekly federal unemployment insurance through mid-March, and doles out $8 billion for the distribution of coronavirus disease 2019 (COVID-19) vaccines. The headline number that will directly affect the pocketbooks of more than 150 million Americans is the up to $600 stimulus check headed their way. This is half the amount per qualified individual approved under the CARES Act.
For some Americans, this $600 payout represents a lifeline to pay bills or put food on the table. For others, it's extra money that could be put to work in the greatest wealth creator on the planet: the stock market.
Source Fool.com
