Before you begin to invest,I urge you to read up on investment books. According to the world greatest investor himself, Warren Buffet, 'the best investment you can make is to invest in yourself first.' That can be interpreted in many ways and in terms of investing i interpreted that you should use your hard earned money and buy some books and know how others do it before you actually start.
Recommended Readings for Young and/or New Investors
George S. Clason - Richest Man in Babylon
Peter Lynch - One up on Wall Streets
Goh Keng Chuan - Handbook For Stock Investors
Robert G. Hagstrom - The Warren Buffet Way
Richard A. Ferri - All about Index Funds
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