Got $500? Here's 1 Great Stock to Buy and Hold

Investing in great stocks doesn't require a huge initial investment. Now that fractional share purchasing has become more widely accepted, just about anyone can invest with any budget. And the sooner you start, the more you stand to gain.

If you have paid off your bills, cleared up any short-term debt related to credit cards, and have a decent emergency fund set aside, putting some money toward the stock market could be beneficial. If you have $500 to invest now and you are looking for a great stock to buy and hold forever, you might want to consider fintech leader PayPal Holdings (NASDAQ: PYPL).

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Source Fool.com