Third stimulus check pending in my checking account. Will you use towards coin purchases?

Goldbully · March 17, 2021 5:29PM

I can tell you I am. That four coin AGE set wasn't cheap.

Mgarmy · March 17, 2021 5:30PM

I got zero stimulus but am happy for those who did, especially if they were able to get a coin they were saving for!

jessewvu · March 17, 2021 5:36PM

I haven't received the benefit of any government handouts in a very long time. Back when cash for clunkers was a thing, my 1980 Volvo 240 was too old to cash in. I made my mortgage payments on time so couldn't take advantage of HARP, missed out on all the COVID stimulus... Such is life I suppose.

RYK · March 17, 2021 5:44PM

Not happening here.

MsMorrisine · March 17, 2021 5:45PM

@RYK said:
Not happening here.

buying stamps?

coinkat · March 17, 2021 5:47PM

I would rather not receive something than see it used for any purpose not intended.

WAYNEAS · March 17, 2021 5:54PM

Oh Come Sunday, I'll be spending you.
Oh Come Sunday I'll maybe spend my wife's too!
Because on Monday, if I do, I'll be not be posting you.
Wayne

jkrk · March 17, 2021 6:09PM

I'll probably use the stimulus money to pay my butler.

jmlanzaf · March 17, 2021 6:10PM

@jkrk said:
I'll probably use the stimulus money to pay my butler.

You better. Since you have to make under $75,000 ($150,000 married), your butler must be woefully underpaid.

jwitten · March 17, 2021 6:20PM

@coinkat said:
I would rather not receive something than see it used for any purpose not intended.

How is buying a coin not as intended? You are stimulating the economy with it.

jwitten · March 17, 2021 6:20PM

As a family of four, I got $5,600 today. Some goes towards saving, some towards investing, and some towards gold and guns.

oih82w8 · March 17, 2021 6:23PM

I alloted my slush fund a small portion to use towards a recent purchase.

TURBO · March 17, 2021 6:38PM

Hell yes!

koynekwest · March 17, 2021 6:40PM

Mine is going for coins already purchased.

spacehayduke · March 17, 2021 7:02PM

I don't get any stimulus money. I don't understand why folks that are employed are getting any, but hey that is life and just moves up the federal debt........

Best, SH

jkrk · March 17, 2021 7:07PM

@jmlanzaf said:

@jkrk said:
I'll probably use the stimulus money to pay my butler.

You better. Since you have to make under $75,000 ($150,000 married), your butler must be woefully underpaid.

You caught me. Yes I was kidding.

The truth is even if I could afford a butler, he/she wouldn't be able to get along with the housekeeper. LOL

Downtown1974 · March 17, 2021 7:08PM

I will not be getting any this round. But I did get my excise tax today.

silverpop · March 17, 2021 7:13PM

nope the money goes to bills and house repairs

djm · March 17, 2021 7:14PM

@spacehayduke said:
I don't get any stimulus money. I don't understand why folks that are employed are getting any, but hey that is life and just moves up the federal debt........

Best, SH

Because Tinkel Down Economics doesn't work.

The workers need extra money to upgrade there belongings. When people upgrade their belonging it causes demand in the market place which causes companies to produce more product. When companies produce more products they need to hire more employees. More employees come from the ranks of the unemployed.

spacehayduke · March 17, 2021 7:31PM

@djm said:

@spacehayduke said:
I don't get any stimulus money. I don't understand why folks that are employed are getting any, but hey that is life and just moves up the federal debt........

Best, SH

Because Tinkel Down Economics doesn't work.

The workers need extra money to upgrade there belongings. When people upgrade their belonging it causes demand in the market place which causes companies to produce more product. When companies produce more products they need to hire more employees. More employees come from the ranks of the unemployed.

Ok then............ If you are correct, then my investments will benefit so it helps me anyway. Hope you are right.

rmorgan · March 17, 2021 7:42PM

I'll be investing mine, and later it will be my grandkids' who will someday be paying higher taxes to cover their share of all this "free" money.

ShaunBC5 · March 17, 2021 8:12PM

I do hope to be reaching for a coin soon, but probably not until the old house sells. If this stimulus is going for anything specifically, it’s probably the fireplace insert (desperately needed).
Anything besides sitting in a bank account should be fulfilling the intended purpose. Even if it seems frivolous...most travel and entertainment is frivolous unless your livelihood depends on it, I suppose.

Hydrant · March 17, 2021 8:41PM

🤑

ms70 · March 17, 2021 8:45PM

I don't receive stimulus checks, I just pay for them, and so will my children, and their children, & probably their children.

So to everyone who gets one to spend on frivolous things like coins, you just enjoy that and I'll think about you at work.

Broadstruck · March 17, 2021 9:08PM

With 27 children I wish I made less to qualify

U1chicago · March 17, 2021 9:13PM

@rmorgan said:
I'll be investing mine, and later it will be my grandkids' who will someday be paying higher taxes to cover their share of all this "free" money.

Don’t be so pessimistic. You’ll get to pay for it too soon enough.

Pnies20 · March 17, 2021 9:14PM

I put some money in my brokerage account hoping the fed would say something stupid today and I could buy a dip. But stonks only go up!

Lakesammman · March 17, 2021 9:21PM

No, but thanks for the reminder to buy assets soon that will do well with (printing more $$$) and inflation ........

UkuleleFlyfisher · March 17, 2021 9:27PM

Your grandchildren's crypto will pay for the frivolous spending now.

2ndCharter · March 18, 2021 4:00AM

I don't receive stimulus checks, I just pay for them, and so will my children, and their children, & probably their children.

I'm in the same position and totally agree - I feel sorry for my grandchildren. No welfare for people like me who worked all their lives. However, somebody is going to have to pay for all these government handouts someday.

Boosibri · March 18, 2021 4:08AM

I’m glad to see my tax dollars going to fund several coins for others collections.

1630Boston · March 18, 2021 4:15AM

android01 · March 18, 2021 5:14AM

I don't qualify for a check. If I was to get one, I'd give it to someone who really needed it to use as intended - to help with rent, food, bills, debt etc. I'd feel guilty spending it on coins or anything else as frivolous.

WildIdea · March 18, 2021 5:30AM

Everyone always saying they could do a better job with their tax money than the government. Is this just a test to see if it’s true?

Pnies20 · March 18, 2021 5:33AM

@android01 said:
I don't qualify for a check. If I was to get one, I'd give it to someone who really needed it to use as intended - to help with rent, food, bills, debt etc. I'd feel guilty spending it on coins or anything else as frivolous.

My PayPal is pnies20@yahoo.com.

Feel free to send money at any time.

MaineJim · March 18, 2021 5:37AM

Paying my taxes with it this month, handy and will be interesting to see if this trickle up strategy pays off. It will certainly help many who have the least for a while. I may first buy 10 boxes of halves from the bank to do a little silver mining before sending it back to them!

Jim

jmlanzaf · March 18, 2021 5:51AM

@android01 said:
I don't qualify for a check. If I was to get one, I'd give it to someone who really needed it to use as intended - to help with rent, food, bills, debt etc. I'd feel guilty spending it on coins or anything else as frivolous.

The "stimulus" is different than emergency aid. I'm not saying it's a good idea. I'm just saying that it is intended to stimulate consumption.

Walkerguy21D · March 18, 2021 5:58AM

I’ll spend most of mine on women and booze, the rest I’ll probably just waste.....

Actually, it covers my healthcare insurance through Cobra for a couple months, since I took a retirement/VLO package in December, with the residual going towards a silver deal I made with a forum member last night.

yspsales · March 18, 2021 5:59AM

If they gonna send, I am gonna spend it.

Quit being naive.

National debt was ONLY $5T on the eve of 9-11...

ricko · March 18, 2021 6:13AM

If I were getting a stimulus check, I would be wondering what caliber it would be.... Cheers, RickO

bronzemat · March 18, 2021 6:55AM

I got mine Wed, haven't touched it. Ancient coins have gotten way out of hand price-wise the past several months, even $40 coins are now hitting $200+. Few threads on Cointalk of it and many of us have taken a sabbatical.

I've been done with my U.S. coin type set since last year.

World coins, few I want still but nothing that screams SPEND!

markelman1125 · March 18, 2021 7:47AM

Absolutely, inflation is common. I am buying it before my $ becomes worthless

yspsales · March 18, 2021 7:49AM

@ricko said:
If I were getting a stimulus check, I would be wondering what caliber it would be.... Cheers, RickO

There is a S&W 360j at a pawn shop I REALLY like. Revolvers so so expensive.

CoinHoarder · March 18, 2021 8:00AM

Same thing I did with the other stimulus checks. Save it for the tough times ahead.

MilesWaits · March 18, 2021 8:05AM

I stimulate myself monthly with gold and silver. This month, too much stimulation. Damn Mint.

Walkerfan · March 18, 2021 8:25AM

It will be interesting to see how our gold, silver, guns and numismatic rarities hold up in value and perform, once hyperinflation rolls in, like an ominous, black cloud.

I used to feel guilty about not putting ALL of my disposable income, into retirement investment vehicles, such as 401Ks, but now, I think that my diversification has been wise.....

ctf_error_coins · March 18, 2021 8:32AM

Party like it's 2021 ......

https://youtu.be/rblt2EtFfC4

divecchia · March 18, 2021 8:37AM

Not getting a stimulus check, but that's okay. My wife and I have been fortunate enough to keep working.

For those who get it, spend wisely.

Donato

SIowhand · March 18, 2021 8:45AM

Some of you are too cranky for your own good.

Stimulus checks are not welfare. They are a tax rebate.

Stimulus checks are intended to stimulate the economy by providing consumers with some spending money. When taxpayers spend this money, it boosts consumption and drives revenues at retailers and manufacturers and thus spurs the economy.

I am thankful I do not qualify for the money but if I did, I’d use as intended. I hope OP gets the coins of his dreams.

lkenefic · March 18, 2021 9:27AM

Any stimulus money went to my old house which my soon-to-be-ex-wife got in the divorce. Fortunately, I didnt lose my job during the pandemic and I've still been getting paid. If any stimulus money comes my way, I'll likely use it to pay down credit card debt a bit faster...

Kurisu · March 18, 2021 9:33AM

Mine just showed up and it just so happens today is the day my commuter (sport touring motorcycle) goes in for the annual tune up as we get to Springtime...the weekend blizzard's snow is already basically gone here in Denver.

This time though I'm changing my gearing a smidge...because 0-60 in 2.2 seconds is just a tiny bit sluggish.
I'll be saving gas money since if I ride it like an old guy it's an easy 50 miles per gallon (if I do that 0-60 thing a lot it's more like 15 mpg lol!)...

I am definitely using some of the stimulus to stimulate our host!!! My health is on a long curve in the right direction and I'm finally getting some of my grading piles and paperwork completed!

The rest goes in the main account and then also maybe a little bit more BTC and DOGE

Third stimulus check pending in my checking account. Will you use towards coin purchases?

Comments