If You Had Invested Your Stimulus Checks in Nvidia, How Much Would You Have Made by Now?
Written by
John Csiszar
Edited by
Cory Dudak
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During the coronavirus pandemic, Americans received three rounds of stimulus payments. While many needed to use that money for essentials, such as food, medicine or basic living expenses, some had the luxury to invest it instead.
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If you had been able to invest your stimulus checks in Nvidia — the hottest stock over the past 3-, 5-, 10- and 15-year periods — you might be surprised at how much money you’d have now. Here’s a look at what you could have made.
What Were the Dates and the Amounts of the Stimulus Checks?
The three stimulus payments were sent in March 2020, December 2020 and March 2021. The amounts per taxpayer were $1,200, $600, and $1,400, respectively.
Those with children received additional amounts of $500, $600 and $1,400 per child, respectively.
What Was Nvidia’s Stock Price on Those Dates?
Nvidia’s closing stock prices on the last day of March 2020, December 2020 and March 2021 were as follows:
- March 2020: $6.57
- December 2020: $13.02
- March 2021: $13.32
For the sake of this exercise, it’s assumed that investors would have bought Nvidia at the closing prices above on those dates, shortly after they received their stimulus checks.
How Much Would You Have Now if You Invested Your Stimulus Checks in Nvidia?
If you bought Nvidia at the prices above using the standard taxpayer stimulus payments, you would have bought the following amount of shares:
- March 2020: 182 shares
- December 2020: 46 shares
- March 2021: 105 shares
This would bring your total amount of shares to 333. At Nvidia’s closing price of $147.07 on Jan. 22, 2025, those shares would be worth $48,974.31 on an investment of just $3,200. That’s a gain of over $45,000 in a four- to five-year period.
However, if you also had one child, your stimulus payments would have increased. In that scenario, you could have bought this amount of shares:
- March 2020: 258 shares
- December 2020: 92 shares
- March 2021: 210 shares
With one child and receiving all eligible payments, you would own a total of 560 Nvidia shares, worth $82,359.20 as of the close of business on Jan. 22, 2025. That would be on a total investment of $5,700, resulting in a gain of over $75,000.
The Bottom Line
You shouldn’t kick yourself if you weren’t able to invest your stimulus checks in Nvidia. However, this exercise should emphasize that investing even small amounts over time in winning stocks can pay off.
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