How to 4x your next $1,400 Stimulus Check with these 2 Investments | Stimulus Check Update

Looking to invest your next stimulus check? Would you like to triple, quadruple, or even quintuple your $1,400? Want to also collect safe, growing passive income along the way?

Stimulus check update: the next American stimulus package is all but signed. And if you're an American, a new round of stimulus checks are all but guaranteed to come your way soon. What if you could invest that $1,400 for the long haul, grow your wealth, and build passive income?

I love dividend growth investing, so I'm going to show you how to invest in the stock market in two high-quality dividend growth stocks, possibly the best stocks to buy now, that could turn that $1,400 into thousands of dollars over time. Let's say you want to invest that $1,400 into two stocks evenly - that's $700 per stock.

The first stock is Lockheed Martin Corporation - stock ticker LMT. It's the world's largest defense contractor. It doesn't get much more obvious than this stock.

And even after a recent period of languishing, the stock has still delivered a compound annual rate of return of 19.66% over the last 10 years, including reinvested dividends, turning $700 into $4,208.

I think there's a very good chance that the next decade looks a lot like the last decade for this stock. Keep in mind, we're starting the next 10-year period from a low valuation point on the stock. And the business is carrying a backlog of over $147 billion.

The next stock I want to highlight is Qualcomm Inc. - stock ticker QCOM. This company develops and licenses products and services based on its advanced wireless broadband technology.

After finally moving past some legal disputes with Apple in the spring of 2019, Qualcomm's stock surged. This thing went from under $60/share to about $90/share in a hurry. Since then, all Qualcomm seems to do is announce amazing earnings.

Qualcomm's stock has compounded at an annual rate of 12.14% over the last decade, including reinvested dividends, turning $700 into $2,200. That number would be even higher had I did the math back when the stock was near $170, which shows you just how impressive things have been.

FOLLOW US:

#StimulusCheck #DividendStocksToBuyNow #StocksToBuy

LEGAL DISCLAIMER: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose your entire investment. If your money is not FDIC insured, it may decline in value. Jason is not a licensed financial advisor, tax professional, or stockbroker and he does not purport to be.

[clownanaround]

Been loving the frequency of the videos.

[jaredcorreafitness]

Long both QCOM and LMT. Adding to LMT now 💵

[jont]

I was already planning on both of these two I have share of qcom but lmt I might get three or more this year lol but I love hearing you talk about stocks

[stockjock]

You're definitely convincing me on LMT! Solid company and a huge back log!

[goxnanfumw]

Totally agree with these. LMT is the largest position I own, and I am still buying.

[doctorhorton]

Thanks Jason! Need to read up QCOM, I’m already long on LMT 😀

[sagig]

Great video. I added LMT this week. I added QCOM in the $140's. I may add more if it goes below $130. Great video Jason.

[juergenmueller]

LMT is one of my biggest position in us stocks, long since 2017 - I love it. DGI forever - best regards from good old Germany !

[peaceworkersjourney]

One of the best videos you’ve ever made.

[ChampangeSuperNovaz]

Good stuff love DGI. Not concerned about currency reset. Just keep buying quality dividend growth stocks and ignore the noise.

[shawnsapp]

when it's April 17th I still have not seen ( 1400)

[jasonlahey]

What do you think about investing in dividend paying stocks compared to Index funds. Index funds are becoming more and more talked about and are being touted as a better option especially for people who don't spend a lot of time on their investments.

[holywarrior]

Hi Jason, totally agree with your pick. Buy them, make $$ while you sleep and get a nice pay raise every year. Can't get any better. Another Golden Goose is SCI. This stock is safer than safe. As long as humans die this company creates golden eggs... sad but true. This is one of the best "undercover" stocks. I am ultra long SCI.

[joejonas]

Been buying lmt from $370 all the way down it’s my biggest position love the company. Will have to read the 10k on qcomm but both Clorox and Home Depot are slowly creeping into a buy zone for me so might have to wait to take a position on qcomm if I like it. Really appreciate the videos and the tremendous amount of research you do to come up with unique and hidden gems. I don’t always invest in the companies you highlight but almost all of your videos at least make me check out the financial statements of the company thank you.

[yolanda]

LMT says it pays 2.90% please explain. Thanks

[VikingBaymax]

My only question is what type of account would i invest in with these in mind?

[XYtotheZ]

LMT: Absolutely. It's about 20% undervalued right now and even if it goes nowhere for another year due to negative institutional sentiment & money flows, it is cheap and a long term buy.

QCOM: Absolutely not. At minimum it's 30% overvalued right now. Because it's a tech stock it got bid up way to fast due to guilt by association w/ other tech stocks. This stock should not be bought until it gets to $80.

[jonboll]

Lockheed has so much debt it's not even funny.. hard pass

[theoffendedtaco]

I was going to go in on JNJ and HII is this better?

[dividendapacolypse]

Or go all in for At&t to make $92 annually 🤔

I've barely started income investing and I feel like I should invest in higher yields when starting off Vs these safer lower yield ones so I can quickly make my monthly dividends grow so I can start buying stocks with the Dividends themselves too