💼 How to Actually Buy a Stock (Without Crying) | Stock Market for Gen Z – Chapter 4
You’ve found a company you like. You’ve stalked its financials like your crush’s old Insta posts.
Now you’re asking:
“Uhhh… where do I click the Buy button?”
This chapter is the User Manual for becoming a real investor — from opening a Demat account to making your first trade like a chill finance baddie. 😎
🧾 First of All… What Even Is a Demat Account?
Let’s break it down:
- Demat = Dematerialized (fancy word for “paperless”)
- It’s where your stocks are stored, like a digital locker.
- You also need a Trading Account to buy/sell stuff.
So think of it like this:
| Account Type | What It Does |
|---|---|
| 💼 Demat Account | Holds your shares (like a vault) |
| 🔁 Trading Account | Executes your buys/sells (like a remote control) |
| 🏦 Bank Account | Where the money comes from and goes |
You usually get all 3 in one bundle when you sign up with a broker. Easy peasy.
📲 Step-by-Step: How to Start Investing in Less Than 30 Minutes
✅ Step 1: Pick a Broker
These are your stock market BFFs. They give you access to buy/sell shares.
Top options for beginners:
- Zerodha (Kite) – Most popular, simple UI.
- Groww – Clean app, very Gen Z.
- Upstox – Smooth, fast, and beginner-friendly.
- Angel One, Paytm Money, ICICI Direct, etc.
Most have zero account opening fee and low brokerage. Win.
✅ Step 2: Complete KYC (Don’t Panic. It’s Just Formalities)
You’ll need:
- PAN Card (no PAN = no investing, sorry)
- Aadhaar Card
- A selfie (yes, you gotta look semi-decent)
- Bank account details
The broker will ask you to do eKYC — usually a video verification that’s over in 2 mins.
✅ Step 3: Wait for Account Activation
Usually takes a few hours to 1 day.
You’ll get login info via email/SMS. Once you’re in, you’ll see your dashboard. It’ll look like your Netflix homepage but with ₹ signs.
✅ Step 4: Add Funds 💸
You need to transfer money from your bank to your trading account.
Start with ₹500–₹1000. Test the waters. Don’t be a hero.
✅ Step 5: Buy That Dang Stock!
Search the company name (like “TCS” or “Asian Paints”)
Click BUY
Now you’ll see:
- Market Order (buy at current price)
- Limit Order (set your own price, wait for it to hit)
Start with Market Order to keep it simple.
Confirm → Boom → You’re officially a shareholder, baby. 🎉
📈 Where Can I See My Stocks?
Inside your broker app → Holdings or Portfolio tab
That’s your new favorite screen. Screenshot it. Manifest the gains.
⚠️ Real Talk Warnings for Newbies
🚫 Don’t buy stocks just because they’re cheap.
🚫 Don’t day-trade on Day 1. Chill.
🚫 Don’t invest all your savings. You’re just getting started.
💬 Common FAQs, but Make It Gen Z
Q: What if the market crashes tomorrow?
A: Then you learn. Markets always bounce back—just don’t panic-sell.
Q: Can I lose all my money?
A: Only if you’re reckless. Stick with strong companies and long-term goals.
Q: Will I be rich by next week?
A: No. This isn’t crypto in 2021. Patience = profits.
📦 Cheat Sheet
| Step | Action |
|---|---|
| 1️⃣ | Pick a broker (Zerodha, Groww, Upstox etc.) |
| 2️⃣ | Do KYC (PAN, Aadhaar, selfie) |
| 3️⃣ | Add ₹ to your account |
| 4️⃣ | Search stock, hit BUY |
| 5️⃣ | Flex responsibly (optional) |
👑 Next Up:
Chapter 5 – “Why Stocks Go Up (or Down): The Secrets Behind Price Movement”
coming soon