1. Beginning investors are often reluctant to begin investing because of three factors. First, they don’t have the money to establish an investment program. Second, they don’t know how to research different investment alternatives. Third, they must use the services of a brokerage firm in order to buy or sell stock.

YOUR SITUATION: Have you saved enough money to open a brokerage account?

Depending on the brokerage firm, you will typically need between $250 and $2,500 to open an account. Next, you should research any potential investment. Finally, you should open an account with a brokerage firm.