Where does the theory meet the practice? I imagine that you have heeded all the advice regarding investing when the market prices are depressed, and you have decided to take the plunge.

Let’s imagine that you have also decided which stocks to invest in, meaning, you have decided on an allocation. What are the steps involved for a first-time equity investor?

The first and most basic step involved is to choose a broker through which you will purchase your shares. There is no way around this step.

After you have funded the account, the next step is to place your order. Now, whether you place it by calling/e-mailing your broker or by using an online platform, you will have to determine how much money is to be spent per stock and decide whether you are placing a market order or a limit order.

http://www.jamaicaobserver.com/sunday-finance/taking-the-plunge_192261