Are you ready to grow your money but don’t know where to start? Here’s a beginner-friendly guide to help you take your first confident step into the world of investing.
To buy or sell stocks, you need a Demat and trading account with a registered broker like Zerodha, Upstox, or Groww. This account holds your shares and allows you to trade in the market.
You’ll need to submit your PAN, Aadhaar, bank account, and a few more documents to complete the KYC process. Most brokers allow you to do this online in minutes.
Understand key terms like NSE, BSE, Sensex, Nifty, equity, IPO, and mutual funds. It’s easier than you think when explained with real examples.
Don’t jump in with big amounts. Start with low-cost stocks or SIPs in mutual funds. Focus on learning, not earning, in the beginning.
Use apps like Moneycontrol, Economic Times Markets, or TradingView to stay updated. Join financial communities like Prasad Calling and Investment to get mentorship and real-time market exposure.