What Will You Spend Your $1,000 Stimulus On?
- Thread starter Remo Gaggi
- Start date
It's $1,000. I'll just keep that on hand since I'm less "liquid" than I probably should be, anyway. My investement money is already in play. There are certainly buying opportunities. Yesterday would have been a good day for that. Gonna get a baby bounce today.
I had the same question on what to spend it on as I am still getting my normal paycheck at this point.
My initial inclination would be to put it towards my mortgage or add it to my emergency fund/buy low in the market. My problem with that was it wouldn’t really be doing anything to stimulate the economy. I’ve kind of decided that I will probably spend it somewhat frivolously on stuff is like instead of my normal well thought out plan.
It could be 1,000, 1,200, 1,500, or 2,000 based on most recent reports lol. Between my wife and I we will probably put some of it in her roth IRA, since she owns her own small business and the rest will be put in savings. Might as well try and make some money on that money to try and offset the taxes that we will most likely have to pay on it next year. We're trying to set up a baby room as well, with all thats going on, we'll probably buy more new stuff now than used like we were originally planning.
Normally my answer would be Hookers and blow but both come with health repercussions, beyond the norm, during this crisis.
Yeah but you could be helping an out of work stripper who is feeling the pain of the shutdowns this time. Won't someone think of the strippers?
Portland is. They apparently have some strippers that are delivering food while topless. Calling it Boober Eats
If this is a joke, great joke! If this is true, even better!
demoncore1031
Well-Known Member
Nah, if they're not smart enough to strip for money on the interwebs during this down time then they don't deserve any help.
demoncore1031
Well-Known Member
Saw it in earlier drafts, but in the final draft, did they take out he provision that airlines that get assistance have to fully offset their annual carbon emissions by 2025? (sorry for the format, but I copied the text from a link in an earlier post)
"24
the enactment of this Act, the Administrator of the
25
Federal Aviation Administration shall require each
26
air carrier receiving assistance under section 101, to"
...the enactment of this Act, the Administrator of the
25
Federal Aviation Administration shall require each
26
air carrier receiving assistance under section 101, to"
"G:\M\16\MISC\COVIDSUPP3.XML
1018
1
fully offset the annual carbon emissions of such air
2
carriers for domestic flights beginning in 2025."
1018
1
fully offset the annual carbon emissions of such air
2
carriers for domestic flights beginning in 2025."
Looks like a one time payment of 1,200 for those that make less than 75k. I wonder what happened to the potential of two rounds of payments for those who are really in need.
