Poll

What will you do with your stimulus check?

Spend it on essentials, I need every penny now.
Spend on luxuries, glad to have the extra cash.
Give it to charity
Invest it.
Put towards savings.
Book a vacation for 2021.
Pay off debt

Author Topic: What will you do with your stimulus check?  (Read 2061 times)

Offline CountValentine

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Re: What will you do with your stimulus check?
« Reply #15 on: April 17, 2020, 07:38:49 AM »
I just realized the government should have given people an incentive (c% bonus) to invest the $$ for 180 days or so. Would pour money into the markets and some of it would stay after the 180 days...

Would be a win win, Trump gets the strong markets, and people who invest get a bonus and hopefully good ROI.
How can they invest it when they can't even pay their bills?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline AsherO

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Re: What will you do with your stimulus check?
« Reply #16 on: April 17, 2020, 07:40:37 AM »
How can they invest it when they can't even pay their bills?

I guess it depends who. If the incentive to invest it was big enough (e.g. 40% bonus) and simple enough, then some people would forgo paying bills and invest it anyway. Not sure how that would affect the economy.

Offline CountValentine

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Re: What will you do with your stimulus check?
« Reply #17 on: April 17, 2020, 07:44:01 AM »
I guess it depends who. If the incentive to invest it was big enough (e.g. 40% bonus) and simple enough, then some people would forgo paying bills and invest it anyway. Not sure how that would affect the economy.
Would you invest with a 50% bonus instead of paying your bills?
Don't see the logic in this.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Online yitzgar

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Re: What will you do with your stimulus check?
« Reply #18 on: April 17, 2020, 08:04:22 AM »
How can they invest it when they can't even pay their bills?
He probably means people who have not been fuloughed

Offline AsherO

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Re: What will you do with your stimulus check?
« Reply #19 on: April 17, 2020, 08:06:53 AM »
Would you invest with a 50% bonus instead of paying your bills?
Don't see the logic in this.

This check only covers a few weeks of my living expenses and wonít really move the needle as far as my ability or inability to otherwise fulfill my financial obligations. Imagine Iím not the only one.

Offline CountValentine

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Re: What will you do with your stimulus check?
« Reply #20 on: April 17, 2020, 08:10:45 AM »
This check only covers a few weeks of my living expenses and wonít really move the needle as far as my ability or inability to otherwise fulfill my financial obligations. Imagine Iím not the only one.
Ok but that doesn't answer the question.
I don't see anyone investing with a bonus instead of paying their bills. We have a word for that and it begins with a "D".  :)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Online a good yeshiva bachur

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Re: What will you do with your stimulus check?
« Reply #21 on: April 23, 2020, 03:38:03 AM »
I just realized the government should have given people an incentive (c% bonus) to invest the $$ for 180 days or so. Would pour money into the markets and some of it would stay after the 180 days...

Would be a win win, Trump gets the strong markets, and people who invest get a bonus and hopefully good ROI.
the whole point of the check was/is to help those in need and those people need the money so they wonít be investing it.

Besides what if the investment goes bad...

Offline Moshe_N

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Re: What will you do with your stimulus check?
« Reply #22 on: March 14, 2021, 01:27:37 PM »
Bought an inflatable hot tub. Best purchase yet!

Online YitzyS

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Re: What will you do with your stimulus check?
« Reply #23 on: March 14, 2021, 02:06:48 PM »
Bought an inflatable hot tub. Best purchase yet!
Link?
Monkeys don't fly unless you put them on airplanes

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Re: What will you do with your stimulus check?
« Reply #24 on: March 14, 2021, 02:18:34 PM »
I'm not getting anything :-(

Offline Moshe_N

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Offline Joel

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Re: What will you do with your stimulus check?
« Reply #27 on: March 14, 2021, 05:56:41 PM »
perfect time for paying my taxes. recycling to Uncle Sam. but at least i dont have to shell it out of pocket
#TYH

Offline Moshe_N

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Re: What will you do with your stimulus check?
« Reply #28 on: March 14, 2021, 05:58:46 PM »
Hope you have left over from the stimulus to cover the water bill  :)

Live in an apt with a courtyard. Free water!

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Re: What will you do with your stimulus check?
« Reply #29 on: March 14, 2021, 06:23:46 PM »
Thinking about new teffilin...
Google Sheet with Lakewood Covid numbers in profile for those interested.