It is one thing to dream about getting into the stock market to try and build wealth. It is quite another actually to start investing.

Not that it needs to be complicated to start buying shares. But, for a variety of reasons, some people who say they want to just never actually make the move.

The truth is that it is possible to start investing on a limited budget – and fast.

Hundreds of pounds is enough to get going

In fact, I see some advantages to starting on a modest scale. Not needing to save money for ages can mean a faster start.

Investing hundreds, not tens of thousands of pounds, can also mean that any beginner’s mistakes are less costly.

The first step is setting up a way to use the money to buy shares. That could be a share-dealing account, Stocks and Shares ISA or trading app.

Before getting into the market it is also important to understand some key concepts like how to reduce risk by diversifying across multiple shares (possible even with a few hundred pounds) and how to value shares.

But that can be done fairly quickly. Someone starting today could have a portfolio of shares by the end of November.

Act now, or wait?

That said, November is shaping up to be fairly spicy in the stock market. So would it be better to wait for calmer times?

The anwer depends on an individual’s approach and risk tolerance. Volatile markets can throw up great bargains – but they can also be unnerving even for experienced investors.

Still, I feel there is no time like the present. From a long-term investing perspective, I do see some very temping opportunities in the current market turbulence.

Here’s one to consider

One share I think merits consideration at the moment is FTSE 100 consumer goods giant Reckitt Benckiser (LSE: RKT). Its most recent quarterly trading statement was a mixed bag.

The company’s core business is still growing sales globally, but consumers feeling the pinch in key markets such as Europe means some of its premium brands are losing sales traction. That is a risk I think may get worse if the economy does not pick up.

Set against that however, Reckitt’s stable of premium brands like Nurofen and Harpic give it pricing power. It has deep expertise in global manufacturing and distribution.

I also like Reckitt’s focus on everyday product categories. Even in a weak economy, consumers still need to wash the floor or do the dishes, albeit some of them may become more price-conscious.

Currently, the Reckitt share price is just 12 times earnings. From a long-term perspective, I see that as a bargain.

There is also the dividend to consider. A 3.9% yield means that each £100 invested today would hopefully earn close to £4 in dividends annually. Dividends are never guaranteed, but as well as going down they can also go up!

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Christopher Ruane does not hold any positions in the companies mentioned.