Financial advisers are telling people they can diversify with how they dole out the newly acquired cash. Scott Cole, president of Cole Financial Planning and Wealth Management in Birmingham, Alabama, said: “You save some, you give some and you spend the rest. You could say, ‘I would like to pay down some debt, stick a little in my cash reserve and still have a little bit to do some fractional trading,’ if you want to.”Right. Because “fractional trading” often comes up in conversation with the everyday American. Finger’s really on the pulse there, Scott. Regardless, here’s some other financial advisor takes on places where people can allocate their newfound stimulus money.
Source: Here’s How Americans Said They Will Spend Their Latest $1,400 Stimulus Check | ZeroHedge
