With my stock portfolio taking a pretty hard hit over the last six months I am starting to look for some companies that may show a little profit in the short term and began thinking about the Economic Stimulus Checks that everyone will be receiving in the next three months and how they will be spent.
Sure it's nice to think that everyone will use the money wisely but for those that don't have to spend it on making ends meet and covering the soaring prices at the pump I thought to myself. What is the number one item that I think people will spend their money on and my thoughts went straight to the VISA cash cards that the U.S. government set to the Katrina victims.
Instead of spending the money on necessities I think that flat screen TV's were the number one purchase this "FREE" money was used for. So as I see it this $600 per person Economic Stimulus check is "FREE" money and I can see it hanging on possible millions of walls in the very near future.
Now I just need to decide which manufacturer will sell the most. What do you think?
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