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Oil Stocks, Boeing, or Index Funds: Where's the Best Place to Invest Your Stimulus Check?

Oil Stocks, Boeing, or Index Funds: Where's the Best Place to Invest Your Stimulus Check?

Another great way to put that stimulus check to use is by creating long-term wealth by investing it in stocks. Three popular ideas for investing right now include beleaguered aerospace giant Boeing (NYSE: BA), beaten-down oil stocks, or just a low-cost index fund like the SPDR S&P 500 ETF (NYSEMKT: SPY). Bet on a turnaround for troubled Boeing that could be years in the offing, stay with the safety and diversity of the S&P 500, or make a risk/reward investment in the oil patch?