This story was originally published here.
Last week, millions of Americans received a stimulus check due to the ongoing COVID-19 crisis. Every American under a certain income threshold received upwards of $1,200 plus another $500 for every dependent. For those fortunate enough to do so, investing the stimulus check can help build a bigger nest egg for the future.
After all, a $1,200 investment in Amazon.com Inc. (NASDAQ: AMZN) in December 2008 would be worth $42,530 today.
Today, we'll discuss several ways to get started if you're interested in investing your stimulus check.
These easy strategies will make it possible for you to maximize your stimulus check and put you on the road to a better financial future.
How to Invest Your Stimulus Check in 2020
Here's the fastest, easiest way to get started investing your stimulus check.
First, you need to pick a broker. In the past, investors had to pay commissions when buying stocks. But recently, large discount brokerages eliminated those fees. So, look at a company like TD Ameritrade or Merrill Lynch as an option. If you bank with a large U.S. institution like Bank of America or JPMorgan, they will have brokerage options with no fees attached.
Second, we are not interested in buying very expensive stocks that would eat up your entire investment. Instead, you want to consider a few “cheaper” stocks as you build a portfolio.
Finally, we'll want to allocate our money in a smart way to reduce downside risk and help us generate income from that $1,200 (or more) investment.
It's a simple three-part strategy…
Editor's Note: To keep reading, click here.
This guy's secret could make you $15,000 richer
I want to share some stunning footage with you.
Because if you follow the simple instructions in this video…
You'll learn how to position yourself to collect a potential payday of $2,918.
I've flown a camera crew down to Sarasota, Florida, to film a man who has invented something so powerful…
A famous Wall Street firm paid him $20 million just to get a small glimpse of its capabilities.
This man has never worked at a fancy investment bank. In fact, he spent much of his career as a customer service rep at an Atlanta hardware store. He never even graduated college.
Yet miraculously, he invented something that uncovers opportunities to literally collect thousands of dollars in cash from the stock market… in a matter of seconds.
In this must-see footage, you will witness him become:
- $1,050 richer in 15 seconds…
- $940 richer in 11 seconds…
- $1,260 richer in 8 seconds…
- $988 richer in 7 seconds…
For the last two years, this man has been quietly sharing the power of his invention with a handful of people. And it gave each of them the chance to become $999,195 richer.
But now he has agreed to demonstrate his invention live on camera.
And he's willing to show you how to set up a total of eight trades over the next 30 days.
The first one takes place in just a few days… So time is of the essence.
Just this one trade could pay you $2,918 instantly.
All you need to do is follow his simple instructions.