At this point, many Americans are seeing $1,400 stimulus checks hit their bank accounts, and while some people are using that money to pay their bills or dig out of debt, others have a real opportunity to snag an even bigger windfall by investing that cash instead.
If you don’t need your stimulus to cover your near-term expenses (say, you’re still working and collecting your usual paycheck), investing it could be a very good idea. But you’ll want to avoid these big mistakes if you decide to go that route.