2 Warren Buffett Stocks to Buy With $500 Right Now

Investing in the stock market can be a daunting task, especially when you have a limited budget. However, with $500 and some strategic planning, you can build a solid portfolio by following the wisdom of legendary investor Warren Buffett. Here are two stocks from his portfolio that you can consider buying right now.

1. Coca-Cola Co. (KO):
* Market value: $28,744,001,000
* Number of shares: 400,000,000
* Percentage of total portfolio: 10.79%
* Coca-Cola is a timeless business with a strong brand and a diverse portfolio of products. Its namesake cola is woven into the world's cultural fabric, and its other well-known brands like Gold Peak tea, Minute Maid juice, Dasani water, and Powerade sports drinks ensure that the company always has something to sell regardless of consumers' ever-changing tastes.
* The stock has had a challenging year, with shares falling 16% from their early September high. However, this dip presents an opportunity for long-term investors to buy the stock at a discounted price. Coca-Cola's dividend yield of 3.17% is also attractive for income-oriented investors.
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2. Apple Inc. (AAPL):
* Market value: $69,900,000,000
* Number of shares: 300,000,000
* Percentage of total portfolio: 26.24%
* Apple is another one of those timeless stalwarts with a well-deserved reputation for performance. Its strong brand, innovative products, and dominant market position in smartphones make it an attractive investment. Although revenue has been stagnant since mid-2022, and sales of its flagship iPhone have been just as stagnant for just as long, Apple's stock is still a favorite among long-term investors.
* Apple's forward dividend yield of 1.45% is lower than Coca-Cola's, but the company's strong growth prospects and potential for significant long-term gains make it an appealing choice for growth-oriented investors.
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When investing with a limited budget, it's essential to focus on long-term growth and diversification. Both Coca-Cola and Apple have proven track records and strong brands, making them solid choices for a $500 investment portfolio. Keep in mind that investing in individual stocks carries risks, and it's crucial to do thorough research before making any investment decisions.

Additionally, consider diversifying your portfolio by allocating a portion of your capital to other asset classes, such as bonds or real estate, and exploring other sectors to spread risk. By following Warren Buffett's principles of value investing, patience, and long-term thinking, you can build a strong portfolio with a limited budget.