The old adage "money makes money" no longer applies in investing. The democratization of Wall Street now allows investors to start investing in stocks with as little as $50.
Thanks to the abundance of free online tools and information available, it's easier than ever for investors to browse thousands of publicly traded stocks and pick the right ones.
Still, it's important to proceed with caution. Just because you can buy a stock doesn't mean you should. Investors with limited funds, in particular, should be careful to put their money in businesses that have the potential to grow and capitalize on the initial investment in the future.
AT&T $T
Telecommunications giant AT&T is the first stock you should consider with your $50. It currently trades for less than $20 and is showing growth. Over the past year, the stock is up 22%. Add to that a dividend yielding 6% per year and AT&T's total return is over 28%.
What makes AT&T an interesting company?
AT&T is one of the largest telecommunications…