Ask the questions, do the research, don't put all your eggs in one basket.
Very wise advice.
I would say the first step in investment is don't spend beyond your means.
Never spend before you get.
Save at least 10% on everything you earn.
These have helped me a lot.
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Thanks for adding your strategy to the ones I've mentioned, never spend before you get is a very wise strategy.
A very simple one but the most overlooked one too.