Nvidia Stock Boom: How Your Stimulus Checks Could’ve Paid Off Big?

Race Day Live  During the COVID-19 pandemic, the U.S. government issued three rounds of stimulus payments to help Americans cope with the economic impact of the crisis.

While many used this money for essentials like groceries, rent, or medical expenses, some people with extra financial flexibility chose to invest their funds.

If you had decided to invest your stimulus checks in Nvidia, one of the top-performing stocks of the past decade, you might be amazed at how much money you could have today.

Let’s break this down to see the incredible returns you might have earned.

What Were the Stimulus Payment Dates and Amounts?

Americans received three stimulus checks during the pandemic:

1. March 2020: $1,200 per taxpayer
2. December 2020: $600 per taxpayer
3. March 2021: $1,400 per taxpayer

Those with children received additional funds: $500 per child for the first payment, $600 per child for the second, and $1,400 per child for the third.

For this analysis, let’s consider the payments for an individual taxpayer without children and another scenario for someone with one child.

Nvidia Stock Prices on Stimulus Payment Dates

If you invested in Nvidia after receiving your stimulus checks, you would have purchased the stock at the following closing prices:

• March 2020: $6.57 per share
• December 2020: $13.02 per share
• March 2021: $13.32 per share

This analysis assumes you invested your entire stimulus check in Nvidia at the closing price on the last day of each corresponding month.

Read More:

• California and Alaska To Roll Out $725 Stimulus Payments in February; Check Latest Requirements
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How Much Would You Have Today?

For an Individual Taxpayer Without Children

If you invested the $1,200, $600, and $1,400 checks into Nvidia at the prices listed above, here’s how many shares you would have bought:

• March 2020: $1,200 ÷ $6.57 = 182 shares
• December 2020: $600 ÷ $13.02 = 46 shares
• March 2021: $1,400 ÷ $13.32 = 105 shares

This totals 333 shares of Nvidia. At the closing price of $147.07 on January 22, 2025, those shares would now be worth:
333 × $147.07 = $48,974.31

This represents a gain of over $45,000 from your initial $3,200 investment—a massive return in just a few years!

For an Individual Taxpayer With One Child

If you had one child, your stimulus payments would have increased to $1,700, $1,200, and $2,800 for each round. Here’s how many Nvidia shares you could have bought:

• March 2020: $1,700 ÷ $6.57 = 258 shares
• December 2020: $1,200 ÷ $13.02 = 92 shares
• March 2021: $2,800 ÷ $13.32 = 210 shares

This totals 560 shares. At the same closing price of $147.07, these shares would now be worth:
560 × $147.07 = $82,359.20

Your total investment of $5,700 would have grown by over $75,000 in less than five years.

Lessons From Nvidia’s Growth

It’s easy to look back and wish you had invested your stimulus money in a high-performing stock like Nvidia.

However, this exercise serves as a reminder of the power of investing, even with small amounts.

Nvidia’s tremendous growth over the years highlights the potential benefits of investing in companies with innovative products and strong growth prospects.

Conclusion

If you weren’t able to invest your stimulus payments, don’t feel bad. Many people needed that money for basic needs during uncertain times.

However, this example illustrates the importance of investing when possible. Even small, consistent investments in the stock market can lead to significant long-term gains, especially with the right stocks.

For younger investors, this is a powerful lesson: start investing early, even with modest amounts. You might not always hit on a stock like Nvidia, but time and the power of compounding can still lead to substantial rewards.

Reference

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