Article Image

IPFS News Link • Polls-Polling Data

Here's How Americans Said They Will Spend Their Latest $1,400 Stimulus Check

• https://www.zerohedge.com by Tyler Durden

These are the questions that a new Bloomberg survey sought to answer earlier this week. As Americans enter what is hopefully the closing stages of the Covid pandemic and we attempt to get back to some form of normalcy, questions were abound about how a third (and perhaps final) stimulus would be rationed. 

Respondents to a new survey said overwhelmingly that the money would go to things like saving, food and housing, first and foremost. Following that was paying down credit card debt, home improvements and healthcare. 

Financial advisers are telling people they can diversify with how they dole out the newly acquired cash. Scott Cole, president of Cole Financial Planning and Wealth Management in Birmingham, Alabama, said: "You save some, you give some and you spend the rest. You could say, 'I would like to pay down some debt, stick a little in my cash reserve and still have a little bit to do some fractional trading,' if you want to."

Right. Because "fractional trading" often comes up in conversation with the everyday American. Finger's really on the pulse there, Scott. 

Regardless, here's some other financial advisor takes on places where people can allocate their newfound stimulus money. 

Clean Energy ETFs and Small Cap Stocks


www.universityofreason.com/a/29887/KWADzukm