March 12, 2021

Got $1,400? Where to Invest

Midas Letter
Midas Letter
Got $1,400? Where to Invest

U.S. stocks jumped to another record yesterday after a brief pause in proceedings over the last few weeks. The rally up to all-time highs are spurred on as investors revel in the approved $1.9 trillion stimulus injected into the U.S. economy.

It isn’t just American markets that are getting a boost. The European Central Bank (ECB) will also be aggressively purchasing assets that have sent treasury yields lower.

Deutsche Bank has conducted a survey that indicates that over $170 billion from Biden’s stimulus checks will pump directly into the stock market.

Where is the best place to invest the new money coming your way as stocks are on the rise?

Watch the full interview for a stock market recap this week and our trading philosophies moving forward.

Related Articles


Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.