It is important to have a simple and workable investment plan. Get rid of any bad debt. Automate your monthly purchases. Follow these steps:  Calculate how much you like to invest.  Have a simple plan.  Set a regular ‘stocktaking day’.  Get rid of ‘bad’ debt.  Buy & hold one single low-cost stock ETF.  Turn on the auto-pilot.  Trust in the power of compounding.  Don't time the market.  Diversify!