As a first step,you need to open a demat account in which your shares will be held. That’s the easy part. Most banks offer demat accounts and you can start with one where you already have your savings account.
The tricky part is identifying which shares to invest in.
If you are a first time investor, you are better off in investing in equity mutual funds via a SIP – Start small and learn, and once you are confident then you take baby steps with direct equity investments.
But for god’s sake, don’t go to one of these money and finance related websites and pick the ‘top stock recommendations’ and put all your money – You might get lucky but you could get badly burnt too.
Talk to us if you want to get started in a planned manner.