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Where to Invest $500 Right Now


There's a lot you can do with $500, including turning it into $5,000. Don't believe me? If you would have invested $500 in Amazon (NASDAQ: AMZN) stock in 2014, you'd have $5,000 today. And if you would have bought it earlier, for $500, you'd have much more than that. That's the magic of compounding.

You can still find stocks today trading at low prices that will reward you in the long term. But if you only have $500 to invest right now, you can also invest in Amazon, or shares of other companies that cost a lot of money, through fractional shares.  

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Source Fool.com

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