Got $500? 3 Smart Stocks You Can Buy Right Now
Investing in the stock market has been nothing short of a roller-coaster ride for the past year. During the first quarter of 2020, the benchmark S&P 500 lost more than a third of its value in roughly one month. It's now spent the past 10.5 months in all-out rally mode.
Although predicting short-term market moves is impossible to do with any ongoing accuracy, we do know that operating earnings growth tends to drive high-quality companies higher over the long run. This means that no matter how pricey the market may appear, it's never a bad time to put money to work in equities, as long as you have a long investing runway.
The best part about building wealth in the stock market is you don't need to be rich to get started. If you have $500 that you can spare for investments, which won't be needed to pay bills or cover emergencies, you have more than enough capital to buy the following three smart stocks right now.
Source Fool.com
