During the coronavirus pandemic, Americans received three rounds of stimulus payments to help cover basic expenses. While many had to spend this money on essentials like food and bills, some lucky individuals were able to invest their payments. If you had decided to invest in Nvidia — one of the best-performing stocks in recent years — the results might surprise you. Let’s take a look at how much money you could have made by now.
Stimulus Check Dates and Amounts
The three rounds of stimulus payments were sent out in March 2020, December 2020, and March 2021. The amounts were:
- March 2020: $1,200 per taxpayer
- December 2020: $600 per taxpayer
- March 2021: $1,400 per taxpayer
If you had children, you would have received extra money per child. The additional amounts were:
- March 2020: $500 per child
- December 2020: $600 per child
- March 2021: $1,400 per child
Nvidia’s Stock Price on Key Dates
Let’s see how Nvidia’s stock price performed on the last day of each stimulus payment period:
- March 2020: $6.57
- December 2020: $13.02
- March 2021: $13.32
For this exercise, we’re assuming that investors used their stimulus payments to buy Nvidia stock at these closing prices, shortly after they received the checks.
How Much Could You Have Made?
If you had used the standard stimulus payments to invest in Nvidia, here’s how many shares you would have been able to purchase:
- March 2020: $1,200 / $6.57 = 182 shares
- December 2020: $600 / $13.02 = 46 shares
- March 2021: $1,400 / $13.32 = 105 shares
In total, you would own 333 shares of Nvidia.
At Nvidia’s closing price of $147.07 on January 22, 2025, those 333 shares would be worth $48,974.31. That’s a profit of $45,774.31 on an investment of just $3,200 over a four-to-five-year period.
What if You Had a Child?
If you had a child, your stimulus payments would have been higher. In this case, 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
In total, you would own 560 shares of Nvidia.
With Nvidia’s stock price at $147.07 per share, your investment of $5,700 would now be worth $82,359.20 — a gain of $76,659.20.
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