Like others have said, $500 isn't much to invest with.
If you want to really get the most out of your $500 and really gamble, go for pennystocks. The cannabis sector made a huge run pre election, and then tanked following the election even though many states legalized recreational. Huge returns can be made here if you follow upswings, but don't have much confidence in any of the companies. Be prepared for massive gains, or to lose it all.
Also, checkout biotech and pharmaceutical startups.
A more safe option would be to dump the $500 into a Roth IRA and contribute a portion of your paycheck ($30 a week for instance) into it. The maximum you can contribute per year is $5500 and this is more like a retirement fund and not something to touch until around 60 (forget the exact age).
This post was edited by stupidkid282 on Nov 20 2016 07:32am