Just 3% of Americans Made This Move With Their Coronavirus Stimulus Check

COVID-19 stimulus checks worth up to $1,200 per adult and $500 per dependent have now been delivered to most Americans. These direct payments aimed at helping people cope with the effects of coronavirus are a modest sum of money. However, for those who didn't need the cash to cover immediate expenses, these payments present opportunities.

One of the best opportunities the COVID-19 checks offer is the chance to invest. But only a very small minority have taken advantage of that option. In fact, according to a recent YouGov poll, just 2% invested their stimulus money for retirement, and only 1% invested their funds outside of retirement accounts.

Investing would provide the chance to earn returns on the money and turn it into much more. And while it's not the right option for everyone, if you're still holding onto your stimulus cash, it just might be the best move for you to make.

Source Fool.com