TL; DR Breakdown 

• The US paid its citizens a $1,200 stimulus pay to cushion them against Covid-19 effects.
• If one had invested the funds in Bitcoin (BTC) instead, they’d have profited 912 percent.

As the Covid-19 pandemic wrecked havoc on global economies, nations took steps to cushion their people from its effects. The US did too, through a stimulus package.

It launched the Economic Impact Payment (EIP) Act in April 2020.Through the EIP, also known as CARES act, Americans were eligible for a payment upwards of $1,200 for single persons.

They received the first disbursements by mid that April. The funds were meant for bettering their welfare but what if they chose to invest them instead?

If you had invested your $1200 stimulus pay in BTC, commodities or stocks then, what would you have made Since? Also, which of the three mentioned options would’ve been most lucrative?

Here’s a comparison for the returns you’d have recorded between then and now. The assumption is that all the start dates are 20th April 2020. And the end date is 11th November 2021.

Investing stimulus in BTC would be most profitable

According to CoinDesk, 1BTC exchanged for $7,129.26 on the 20tg of April 2020. Therefore your check of $1,200 would have bought 0.1683 BTC.

At the time of writing BTC exchanges at $65,012.89. Your 0.1683 BTC holding would be worth $10,941.67.As such you’d have made a profit of 9,741.67USD, representing a 912 percent return.

How would the math pan out if you chose gold instead? According to the Bullion Rates website, one gram of  gold sold for $54.496 then. Consequently, with  1,200USD you’d have acquired 22.02 grams of the metal. 

At press time gold is trading at $59.859 per gram. Thus your investment would be worth $1,318.10, coming to a profit of $118.10 at a rate of 110 percent.

Another option would’ve been to invest in silver. Again Bullion Rates shows that silver went for $0.4923 a gram on 20th April 2020.

Using that rate you’d have bought 2,437.5 grams. But today one gram of silver would cost you $0.8102. Hence your stash from would be worth $1,974.90;  a return of 165 per cent!

Brent would’ve earned you a tidy sum

Alternatively, you’d have opted to invest the stimulus check in natural gas. $1,200 would have bought 674.16 million British Thermal Units (MMBtu’s).

One MMBtu back then went for 1.78 USD. Today, you’d buy one MMBtu of natural gas at $5.106.So your investment would be worth $3,442.26 making you  a profit of $2,242.26, a 287 percent gain.

You could also have chosen to invest in Brent Crude. Statista records that one barrel sold for $18.38 on 20th April 2020. Your stimulus check would’ve bought you 65.29 barrels of Brent. 

The buying price has since ballooned to $82.10/barrel at press time. Consequently your initial investment would be worth $5,360. That would be a $4,160 profit showing a 477 percent growth.

Besides the commodities mentioned, you could also invest in stocks. How would that have played out?

If you’d gone for Nasdaq, you’d have acquired 10.93 shares with your stimulus pay. That’s because one share cost $109.78 on 20th April 2020.

By press time a share is trading at USD209.96. At that rate your investments would be worth $2295, an increase of $1,195 and 191 per cent.