A common misconception about investing is that it takes a lot of money to get anything out of it. That couldn't be further from the truth. Yes, large sums can accelerate the wealth-building process. However, consistently investing relatively small amounts can also create a nice nest egg.

With $1,000 available to invest right now, I would focus half on a high-dividend stock and the other half on a high-growth company with good long-term potential. The following two companies check both of those boxes and can be long-term pieces of your portfolio -- the best of both worlds, if you will.

AT's (NYSE: T) stock is having one of its best years in quite some time. Through Sept. 9, it has increased more than 21% this year, outperforming all three major indexes (the S 500, Nasdaq Composite, and Dow Jones). It has been a while since observers have been able to say that.

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Source Fool.com