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Even if you only have $500 to start investing, you are not limited to investing only in penny stocks. Investors are generally not restricted to a certain kind of stock based on the amount of money they have. A $500 investment is the same, no matter how many shares you purchase or how high the share price.

Key Takeaways While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ‘good place’ to respond to economic developments. Officials said they closely monitor inflation to ensure it doesn’t reignite. While another interest rate cut at the December meeting seems on track, it's unclear how many more could follow.

Key Takeaways Amid the post-election cryptocurrency rally, dogecoin's market value has surpassed that of companies like Ford and General Mills. Tesla CEO Elon Musk has repeatedly promoted dogecoin and spent millions in support of President-elect Donald Trump's campaign. Trump on Tuesday said Musk and Vivek Ramaswamy will lead an advisory "Department of Government Efficiency," of DOGE.

Key Takeaways Liberty Media is spinning off most of its entertainment assets besides Formula One into a separate, publicly traded entity, Liberty Live. CEO Greg Maffei will step down at the end of the year, with billionaire Chairman John Malone assuming interim control. Liberty Broadband is being acquired by Charter Communications in a separate deal.

Key Takeaways The S&P 500 was essentially flat on Wednesday, Nov. 13, adding less than 0.1% as the latest inflation data matched expectations. Warner Bros. Discovery shares surged after Wolfe Research upgraded the stock, highlighting overseas strength for the Max streaming service and potential re-bundling opportunities. Shares of Monolithic Power Systems dropped, extending losses in the wake of a report saying its allocation in Nvidia's new AI chips could be in jeopardy.

Cisco Systems ( CSCO ) reported fiscal first-quarter earnings that exceeded analysts’ expectations and raised its full-year forecast, despite declining revenues.

Key Takeaways High-yield savings accounts have been paying handsomely all year, with top rates in the mid-5% range—a two-decade high. But right now, Live Oak Bank is putting those normally stellar rates to shame, letting you push your savings return into the stratosphere. For anyone who can keep $20,000 on deposit for 60 days, Live Oak will pay a $300 cash bonus—on top of its high-yield rate of 4.30% APY.

The Fed cut its benchmark rate last week, but so far, the top CD rates have held. For now, you can still lock in 5.50% for 8 months or 5%-plus until next November.

Key Takeaways The Bitcoin Dominance Index, which measures bitcoin's share of the overall crypto market, reached 61.39%, a level not seen since March 2021. Ether, viewed by some as the main alternative to Bitcoin, has also lost nearly all of the gains it made against bitcoin since Election Day in the U.S.

Key Takeaways Super Micro Computer shares continued sliding in extended trading after leading Nasdaq decliners on Wednesday following news that the embattled server maker would delay the filing of its quarterly results. The stock's sell-off has continued after breaking down below a descending broadening wedge pattern late last month on above-average volume.