This is a short transcript excerpt from a YouTube presentation by Ndubuisi 'Andy' Egwim about how to begin investing. The speaker outlines that before investing one should complete seven preparatory steps (including saving an emergency fund and gaining basic financial education) and responds to an audience question about how to start.
I want to make sure I've answered what you really need.
Okay. Good evening, everyone. Hi.
Hi. Good evening.
And my question is how to just start.
How to start?
Yes.
Okay. Yeah. Okay. Basically, I think I'm just posting our archives on stock and shares I saw. Then I'll do my best to answer. So, number one is before you start investing, to do the seven things you need to do. Before you start investing, there are several steps, things like saving your emergency fund, making sure that you've actually invested in understanding what you're doing. Not that somebody said put money there, you put money there. So get some financial education, whether it's attending a lesson or a class or maybe reading up on your own. Those are the seven things all together.
