2024-03-31 04:30:00 ET
By the time the stock market next opens, April will be here. With that month comes the standard April 15 filing deadline for U.S. income taxes. As of March 15 -- one month before the deadline -- the average taxpayer getting a refund will see a decent $3,109 payment headed their way. Although in most cases, a refund simply represents a repayment of previously overpaid taxes, it still feels nice to get that cash back.
Of course, one of the only things better than getting a windfall of cash is successfully investing that cash in ways to potentially provide solid long-term returns. With that in mind, three Motley Fool contributors went looking for companies worthy of consideration as a place to invest that refund check. They picked Realty Income (NYSE: O) , Visa (NYSE: V) , and Enbridge (NYSE: ENB) . Read on to find out why and decide for yourself whether one or more of them may be worth investing your tax refund in.
Image source: Getty Images.
For further details see:
April Is Here! 3 Stocks to Buy With Your Tax Refund