Expecting a $600 Stimulus Check? These 2 Stocks Should Rebound Big
The COVID-19 pandemic has wreaked havoc on the world economy. Over the past year, millions of people have lost their jobs, making it difficult to make ends meet amid a historic public health crisis. But for eligible U.S. residents, some help is on the way. After months of debating, Congress passed an economic relief bill on Dec. 21, which President Trump signed into law on Dec. 27.
Most U.S. citizens and resident aliens will receive $600 per person (provided their income falls below a defined threshold), and heads of households will also receive $600 per qualifying dependent child.
If you expect a stimulus check or have already received it, and you don't have it earmarked for anything more important (like paying your bills or restocking your emergency fund), it may be worth considering putting that money to work in the stock market.
Source Fool.com