Ans. Before you start your investment journey, there are certain things to take care of. First and foremost, get your personal finances in order like creating an emergency fund with at least three to six months of your living expenses and paying off high-interest debts like credit cards.  Besides that, you should also determine your risk tolerance(conservative, moderate, or aggressive) and time horizon(how long will you hold investments before selling). Lastly, you should decide on your long-term and short-term goals that will drive your investment choices.