In this video, we will talk about how to start investing in the stock market for a novice. Now, one of the many ways to generate additional capital is investing in stock markets. But the question is where do I start? So, in this video, we will walk you through how to start investing in the stock market as a beginner. So let's get started in this. The first step is to choose a stock market broker, a broker acts as an interface between you and the stock market. They guide you through the process and procedures that are necessity to begin your stock market investment journey. Apart from this, they carry out buying and selling of shares on your behalf. No, while you choose a broker, you need to ensure to do your research on brokers before zeroing on one. As a beginner, you are better off choosing a full-service broker as they do most of the legwork for you. Next step, that is the second step is opening a trading and a demat account. A demat account is required to store your securities in digital form. Whereas a trading account will help you buy and sell shares, IPO that is initial public offering, mutual funds and even gold. Without the Demat and Trading account, you cannot begin your investment journey. Well, don't worry, your broker will help you get registered for the same. Now to open a trading account or a demat account you will require to submit a few documents and get your KYC that is know your client formalities done. So, for this, the documents will be pan card, address proof and Aadhar card one recent photograph, bank statement, along with the one cancelled check to your broker. After completing these formalities, you can transfer money to your trading account, to the link bank account and begin your investment. So, till here, we have discussed the preliminary steps, which is required, that is choosing a broker and opening a trading and the demat account. Now the next and the most important question is picking up right stocks. So here are a few of these suggestions to follow while picking up right stocks for this research. There are various ways to do your research on markets. You can watch business news, read financial newspapers, journals, and books, and listen to various podcast, keep a track of various data releases, etc. So be aware of what is happening in the stock markets domestically and internationally considering companies which are profit making and has steady revenue growth. Along with strong management creditability in the market, you can also move for companies that have product, which are in demand in the market. So basically, while picking up stocks, invest in those companies or business products whose product and business model, you understand. So once you're done with the above steps, next step is placing a stock order. You can place the stock order online to the trading platform provided by the broker or offline by calling the broker and asking him to place the order on your behalf, as a novice there's no harm in taking the third person help in executing orders or transactions on your behalf, gradually by oversee and with experience, you can start executing transactions of your own.
