Get the most bang for the buck. That's any buyer's goal. It's true regardless of how much money they have to spend and whether we're talking about cars, houses, or stocks.

You don't need a ton of money to scoop up some attractively valued stocks that can give you plenty of bang for the buck. Have $500? Here are two absurdly cheap stocks long-term investors should buy right now.

Half of that initial $500 would allow you to pick up eight shares of Bank of America (NYSE: BAC) and have money left over. Buying the bank stock would put you in good company: Warren Buffett recently added to Berkshire Hathaway's already substantial position in BofA.

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Source Fool.com