2 Stocks to Invest Your Stimulus Check In
On March 11, President Biden signed the American Rescue Plan into law, making tens of millions of Americans eligible for the COVID-19 pandemic's third round of economic stimulus payments. Over 100 million people have already received their payments of up to $1,400 each.
With the U.S. economic recovery still inconsistent, these checks have been a major boon in terms of helping people pay their bills and pare down their debts. And because some households didn't suffer as much financially from the crisis, they also gave a boost to America's savings rate.
If your household expenses are already covered and you've set aside a solid emergency fund, don't just stick your stimulus check in the bank. Instead, consider putting that money to work for you by investing it into the stock market. Among the top stocks I'd recommend investors consider now are Boston Omaha (NASDAQ: BOMN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
Source Fool.com
