In 2020 and the beginning of 2021, American families received three rounds of stimulus payments to assist with everyday costs during the lockdown. The stimulus checks provided crucial support for households facing job losses and soaring prices for essential goods during the height of the COVID-19 pandemic.
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However, if you were among those who were able to save your stimulus payments rather than spending them, you might have invested that money in the stock market and made a significant profit.
If you had invested your stimulus funds in Nvidia at the right time, your financial situation would likely be much better today.
Back in early 2020, Nvidia’s stock was trading around $6 per share, adjusted for splits. Following a decline in value during 2018 and 2019 due to increasing interest rates, the stock had started to recover.
The onset of the pandemic in March 2020 led to a drop in Nvidia stock below $5 per share, but it began to rebound swiftly as stimulus checks were distributed.
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The initial round of stimulus payments was distributed to individual taxpayers and their families. Here’s the breakdown of what you would have received based on family size:
Single: $1,200
Married: $2,400
Married with one child: $2,900
Married with two children: $3,400
Married with three children: $3,900
Married with four children: $4,300
If you received your stimulus payment in March 2020 and invested it all in Nvidia stock, you would have quickly seen a return on your investment. Within just a few months, Nvidia stock rose from around $5 to over $9 per share.
One year later, Nvidia’s stock was valued at approximately $12 per share. Fast forward two years from the initial stimulus checks, and Nvidia stock reached about $22 per share – nearly four times the price at which you invested in March 2020.
Now, looking at today’s market, Nvidia shares have soared to approximately $120 each! This represents a 24-fold increase compared to the original price you paid in March 2020!
Here’s a breakdown of what your investment would be worth today if you had put your entire first stimulus payment into Nvidia at a price of $5 per share in March 2020:
Household
Stimulus Check Amount
Nvidia Stock Value Today
Single
$1,200
$28,800
Married
$2,400
$57,600
Married with 1 child
$2,900
$69,600
Married with 2 children
$3,400
$81,600
Married with 3 children
$3,900
$93,600
Married with 4 children
$4,300
$103,200
Thus, if you had received a $1,200 stimulus payment and invested the entire amount into Nvidia stock, you would find yourself with over $28,000 today.
If you’re married with several children and decided to invest $3,400 in Nvidia stock, your investment would be worth over $90,000 today! This represents an astonishing return on investment in just five years.
The second installment of stimulus payments was distributed in December 2020. Here’s how much you would receive depending on your family size:
Single: $600
Married: $1,200
Married with one child: $1,800
Married with two children: $2,400
Married with three children: $3,000
Married with four children: $3,600
If you received your stimulus payment in December 2020 and chose to invest the entire amount in Nvidia, you would have purchased shares at approximately $13 each.
One year later, Nvidia shares reached approximately $28 each. Another subsequent year saw the stock priced at around $15 each, owing to rising interest rates, yet still above your purchase price.
If retained until today, your shares would give you nearly tenfold returns on your investment.
Here’s a breakdown of how much you’d have if you had invested your entire second stimulus check in Nvidia at $13 per share:
Household
Stimulus Check Amount
Nvidia Stock Value Today
Single
$600
$5,538
Married
$1,200
$11,076
Married with 1 child
$1,800
$16,614
Married with 2 children
$2,400
$22,152
Married with 3 children
$3,000
$27,690
Married with 4 children
$3,600
$33,228
If you had just received a $600 stimulus payment and invested in Nvidia, you would still have over $5,000 today. Quite impressive!
If you happen to be married with four kids and invested $3,600 in Nvidia shares, your investment would amount to over $33,000 today!
The third round of stimulus checks represented the largest amount and were released in March 2021. Here’s what you would receive based on your family size:
Single: $1,400
Married: $2,800
Married with one child: $4,200
Married with two children: $5,600
Married with three children: $7,000
Married with four children: $8,400
Investing your entire stimulus payment into Nvidia stock in March 2021 would have meant purchasing shares for about $13 each, the same as the previous stimulus round.
If you held onto those shares, Nvidia’s price has surged to nearly $120 per share, offering over nine times your initial investment!
Here’s what you would have if you invested your full third stimulus payment in Nvidia at $13 per share:
Household
Stimulus Check Amount
Nvidia Stock Value Today
Single
$1,400
$12,922
Married
$2,800
$25,844
Married with 1 child
$4,200
$38,766
Married with 2 children
$5,600
$51,688
Married with 3 children
$7,000
$64,610
Married with 4 children
$8,400
$77,532
So if you received a $1,400 stimulus check and invested all of it in Nvidia stock, you’d find your investment has grown to nearly $13,000 today.
If you’re married with three kids and funneled $7,000 into Nvidia stock during March 2021, your total would now be close to $65,000!
If you opted to invest every penny of all three stimulus payments into Nvidia shares upon receipt, here’s the astonishing amount you could potentially have today:
Household
Stimulus Check Amount
Nvidia Stock Value Today
Single
$3,200
$47,260
Married
$6,400
$94,520
Married with 1 child
$8,900
$124,980
Married with 2 children
$11,400
$155,440
Married with 3 children
$13,900
$185,900
Married with 4 children
$16,300
$213,960
The figures are astounding! If you received the minimum of $3,200 from stimulus payments and invested it all into Nvidia shares, you would boast over $47,000 today.
But for those with a large family of four children who invested their funds, the returns would exceed a staggering $210,000 today!
Editor’s note: Stock prices were obtained from TradingView and reflect values as of February 28, 2025.
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This article originally appeared on GOBankingRates.com: If You’d Invested One Stimulus Check in Nvidia During the Pandemic, Here’s How Much Money You’d Have Now
