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Where to Invest $500 Right Now

TheMotleyFool

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You may not have a lot money to invest these days, but the wild swings in stock prices are creating some compelling entry points for buyers, and you don't need a lot of money to get into the game these days. Most discount brokers are offering commission-free trading, and a growing number of trading outlets now allow you to buy fractional shares so you can you can put all your money to work.

Costco (NASDAQ: COST), Sirius XM Radio (NASDAQ: SIRI), and Cisco Systems (NASDAQ: CSCO) are three stocks that have more upside than you probably think at current levels. As a bonus, they also pay out dividend that will probably top what your $500 would be earning in the bank.

Image source: Getty Images.

Source Fool.com

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