Where to Invest $500 in November
The stock market had a strong month of October with the S&P 500 rising 8% during the month, erasing some of its losses this year. But there are still some great deals out there for investors who are looking to buy and hold.
If you've got $500 you can afford to invest right now, there are plenty of good stocks to buy that can make the most of your money. Depending on whether you're focusing on growth, safety, or dividends, three stocks you'll want to consider are Teladoc Health (NYSE: TDOC), Microsoft (NASDAQ: MSFT), and AT&T (NYSE: T).
A $500 investment in Teladoc Health can go a long way if you're willing to be patient. The company has been continuing to grow its revenue even though COVID-19 concerns have been subsiding this year. Telehealth is here to stay as it can provide an important role in making it easier to monitor chronic conditions while also improving efficiency by cutting down on in-person trips to the doctor's office.
Source Fool.com
