Here are some steps:
- Start with knowing how mutual funds grow by investing in stocks and bonds.
- Understand that investing is a long term thing. It is possible to get rich, slowly.
- Minimise costs and commissions. Go for only direct plan mutual funds as they involve 0% commission to brokers and distributors.
- Use a high quality, direct plan online platform that aggregates all mutual funds in one place. Check out Jamawealth.com (i am associated with Jamā).
- Invest by planning for specific goals – home, children, education, marriage and most importantly retirement.
Happy Investing!