Invest Your Stimulus Check in the Right Stock for Lasting Pleasure
Word is out that the stimulus may last the economy one night or less. There may be little that you can do to make the government cut spending; why gripe anyway, if a check will shortly be in your mail? Some of the stimulus may be for your children; you should use every windfall to close high-interest debts as well. However, what if you are free of sub-prime, and have no family responsibilities either? Will you blow your check on that dream encounter with an electronic toy? The NYSE and most of its peers in the stock market world have plenty of goodies in which you can invest for sustainable financial returns.
Don’t get us wrong. The stock market can be a mine-field of expensive options that will tangle your capital in sticky webs. Reckless government spending could eat in to profits of many sectors, cripple entire industries, and even drive some corporations out of price-sensitive markets. Inflation has already changed some family spending habits. Everything a company has to buy in Euros costs more by the month! Do not despair, for there are bright spots in the midst of stock market uncertainty. Focus your mind on the essentials of life that are made right here in the United States, and you will have found those special spots of the economy. Here is an example by way of a stimulus to get your ideas flowing: The crops sub-category of the Consumer/Non-Cyclical Sector is where you can search for relatively recession and inflation proof stock. The Fish/livestock is another gem full of hidden-value stock. How about Cal-Maine Foods Incorporated (NASDAQ: CALM)? Perhaps we will no longer be able to afford specialty eggs, but must surely keep buying this shelled food item in any scenario. Sales and Earnings per Share have jumped incredibly in the Most Recent Quarter.
Do you know of other stock which is a good parking zone for stimulus check proceeds? Would you like more leads on where to look on the NYSE or another stock market? Join our community and let us multiply our stimulus joys!