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Are you waiting for the perfect time to start investing? It’s easy to imagine yourself investing money when you’re older, wiser and richer. However, you don’t need to have a large sum of money to make investing worthwhile. Here’s what you need to know about the basics of investing:

How much money do I need to start investing?

If you have an extra $100 or $1,000 to invest, that’s a great start! But if you’re not quite there, you can invest with even smaller amounts of money. When considering how much to invest, it’s important to make sure all your bills are covered first. When you’ve got extra cash available, you can put it to good use by investing it for your future. And, with Navy Federal’s Digital Investor, you can start investing with $25 a month.

When should I start investing?

It’s never too late to start, but the sooner you begin, the better. Your investment will have more time to reap the rewards of long-term compounding. Compounding happens when your investment earns money, and those earnings are reinvested for continued growth.

What choices do I have for investing my money?

Where you invest your money makes a difference. If you’re investing for short-term goals, you might choose to grow your money in a certificate or money market account. For long-term goals such as retirement, choosing the right account (including an employer-sponsored retirement plan or IRA) can save you money in taxes.

What do I need to know about investment risk?

Investing money involves some risk, but be aware that not investing also poses a risk, because you’re missing out on the opportunity to build wealth for the future. To help manage investment risks, it’s important to choose a portfolio that’s designed for you. A financial advisor can help you get started with an appropriate mix of investments.

How can I make it simple?

Even if you don’t have much time to manage your portfolio, you can keep your investments growing all year long by setting up automatic investing. An employer retirement plan is designed to do this for you through payroll deductions. You can set up recurring transfers to automate your IRA or brokerage accounts, too.

What if I need help?

Not sure what to do next? Don’t worry—that’s why we’re here! If you have questions, an investment professional with Navy Federal Financial Group can answer your questions and help you get started. Visit to learn more.

This article is intended to provide general information and shouldn't be considered legal, tax or financial advice. It's always a good idea to consult a tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation.