These 2 Dividend Aristocrats Are Safe Places to Invest Your $1,400 Stimulus Payment
If you are in sound financial shape and have adequate emergency reserves set up, then investing your $1,400 stimulus check in stocks can be a great move. And you can do so without putting the money at much risk, either.
Investing in Dividend Aristocrats that have excellent track records for paying and increasing dividend payments can help give you a solid, safe return over the long term while you also collect some recurring cash flow along the way. Becton, Dickinson (NYSE: BDX) and Target (NYSE: TGT) belong to that exclusive club, and are performing well amid the pandemic while still being relatively cheap buys right now.
Image source: Getty Images.
Source Fool.com
