Investing for young people
Investing your pocket money or the money you receive at Christmas is a smart move! Doing this from a young age will help set you up for later in life, a particularly appealing thought when it’s easy to do with an investment plan. You can start investing from as little as 25 euros a month and spread your investment over time, thus ensuring you avoid the risk of investing at an inopportune moment. If you start investing young, you can let your investment run for longer and your capital can keep growing.
The longer your investment runs, the more money it can earn you
You can put your money into savings, but investing offers the potential to get more from your money if you don't need it right away. And the longer you're able to invest, the better the prospects.
That’s because the longer your investment runs, the more money it can earn you. Consistently reinvesting the returns back into the investment enables your capital to grow more quickly.
Spreading investments over time
An investment plan lets you invest in one or more funds. If you opt for a balanced fund, you will invest in many different shares and bonds, thus enabling you to spread your investment risk and giving you a better chance of earning a return on your investment.
You can spread your risk even more by depositing money throughout the year. For instance, you could start out by depositing as little as 25 euros in your investment plan each month instead of putting in a large amount once a year.
The benefit here is that you invest at an average annual price and avoid the risk of investing your entire amount at the wrong time. By opting for automatic investing, a fixed sum is taken from your account each month and deposited into your investment plan.
How much does it cost to invest?
Setting up a KBC Investment Plan is completely free of charge. You don't pay anything extra apart from the usual charges for the investment funds selected. Check out the key investor information document for exact details of your selected funds' charges, or get them from your local KBC branch.
What risks are involved in investing?
Remember that investments also involve risks. Your investments may fluctuate in value and they can also incur losses.
Although you can access the money in your investments at any time, you are recommended to invest your money for a longer period. This gives falling prices time to recover. Therefore, you should only invest money you can do without for at least a few years.
Like to learn more about investment opportunities for young people?
If you want to find out more about investing for young people or if you’re under 18 and would like to know how to start investing, we’d be happy to help you. Contact us.
