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What y’all planning to do with your gummit checks?
Posted on 3/19/20 at 8:47 am
Posted on 3/19/20 at 8:47 am
You and your spouse will likely be getting 1000 on two occasions here soon. What’s your plan? I’m thinking about buying some Amazon stock. Or, I could improve on my .000000000001% position in Southern Company and appoint myself to the board.
How about you?
How about you?
16
Posted on 3/19/20 at 8:51 am to LovetheLord
Get a stock with a yield. Ford is over 12% right now. I’m enjoying the dip while collecting the yield.
Posted on 3/19/20 at 9:06 am to LovetheLord
Give it to someone that needs it? The hell do I need a $1000 check for?
Posted on 3/19/20 at 9:10 am to CrimsonBoz
How does yield differ from dividend payments?
Posted on 3/19/20 at 9:27 am to LovetheLord
Pay for my season tickets. 
Posted on 3/19/20 at 9:32 am to LovetheLord
Put it all into major crude/gas transmission companies like Williams or Kinder Morgan...keep fingers crossed.
Posted on 3/19/20 at 9:36 am to PCRammer
Entertainment would be a good at least short term investment. People are going to go off like 40 year old virgins once we get freed.
Posted on 3/19/20 at 9:44 am to LovetheLord
Not everyone gets a check, right? What's the income cutoff?
Posted on 3/19/20 at 9:52 am to bamasgot13
Looks like $75,000 individually and $150,000 as a family.
However, I just saw on the Poli board they are considering $1,000 for adults and $500 for kids.
So, basically, no one knows.
However, I just saw on the Poli board they are considering $1,000 for adults and $500 for kids.
So, basically, no one knows.
Posted on 3/19/20 at 9:52 am to bamasgot13
I was thinking I read somewhere around $75K so I would think this check doesn't apply to the posters of this board.
Posted on 3/19/20 at 9:55 am to Bryant91092
Posted on 3/19/20 at 9:58 am to TideSaint
Initially the $1k per adult and $500 per child was all you heard about. Now there are some reports that some in the GOP want to limit it to the $75k/150k thresholds.
Posted on 3/19/20 at 10:00 am to bigpapamac
quote:
Initially the $1k per adult and $500 per child was all you heard about. Now there are some reports that some in the GOP want to limit it to the $75k/150k thresholds.
Looks like the GOP love them some redistribution of wealth as much as the democrats if that's the case.
Posted on 3/19/20 at 10:05 am to LovetheLord
Spend it with a small business.
I'm retired from a state job, so even though one of my side gigs (teach CPR) is pretty much shut down the pension is plenty enough to make ends meet.
Since I don't need it for that, I want to make sure it gets somewhere that probably really needs it.
I'd encourage everyone else to do the same. That new 70-inch 4k would be nice, but still having that little shop on the corner open will have far more long term benefits.
I'm retired from a state job, so even though one of my side gigs (teach CPR) is pretty much shut down the pension is plenty enough to make ends meet.
Since I don't need it for that, I want to make sure it gets somewhere that probably really needs it.
I'd encourage everyone else to do the same. That new 70-inch 4k would be nice, but still having that little shop on the corner open will have far more long term benefits.
Posted on 3/19/20 at 10:09 am to Centinel
quote:
Looks like the GOP love them some redistribution of wealth as much as the democrats if that's the case.
Is this really the place for politics? This is a pretty danged unique situation where there are millions of people that can't make their power bill because the government has ordered their doors closed.
Not because they made bad decisions, were lazy, or any of the other reasons why I'd normally be vehemently opposed to 'wealth distribution.'
The government literally said no matter how bad you want to do your job, we aren't going to let you. If there ever was a legitimate reason to just give someone money, this is it.
Posted on 3/19/20 at 10:19 am to LovetheLord
I’ve refrained from getting an Xbox 1 because I seriously don’t need it but might have to pull the trigger
Posted on 3/19/20 at 10:26 am to TideSaint
quote:
Looks like $75,000 individually and $150,000 as a family.
However, I just saw on the Poli board they are considering $1,000 for adults and $500 for kids.
So, basically, no one knows.
So if I make $80k by myself, but our household income is $145k, does that mean we still get to make it rain on the gubmint dime?
Posted on 3/19/20 at 10:40 am to bigpapamac
quote:
Initially the $1k per adult and $500 per child was all you heard about. Now there are some reports that some in the GOP want to limit it to the $75k/150k thresholds.
There's talk this morning that they want to limit it even more by imposing phase-in limits.
But they'll once again stroke big checks to the corporations that burned through their tax cut savings with stock buybacks.
Posted on 3/19/20 at 10:48 am to The Spleen
I'd prefer they just defer rent and mortgage payments for 90 days. People would still be able to stimulate the economy by spending their own money while maintaining their obligation to pay their bills in the future.
I know this doesn't really help someone who is currently out of work, but it would at least reduce the number of checks going out.
One a selfish note it would be great for me because I'm hoping to sell my house in 90 days.
I know this doesn't really help someone who is currently out of work, but it would at least reduce the number of checks going out.
One a selfish note it would be great for me because I'm hoping to sell my house in 90 days.
Posted on 3/19/20 at 11:03 am to The Spleen
quote:
There's talk this morning that they want to limit it even more by imposing phase-in limits.
If we are being realistic, by the time any of these measures make it through the Senate and to the White House in a form that Trump won't veto, they'll be gutted to the point that it won't do much for anyone besides the politicians who get to harp on the fact that they voted for it.
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