Earning your first regular income is a milestone in the lives of many young people

Digital, flexible, available even with small amounts

K&H Securities has launched a new, yet special program: with its new program, it specifically addresses young people. It offers a digital, cost-effective investment opportunity for the 18-30 age group, which can be started with regular savings of even 10-20 thousand forints per month. As an award-winning innovation, the program is not only convenient, but also offers discounts: it eliminates certain costs, and the investment can grow tax-free if it is made in a long-term investment account. For the convenience of the target age group, those interested can join the program completely digitally, using a smartphone.

Learning with low risk

According to István Horváth, head of K&H Értékpapír, regular investment of small amounts in itself reduces risks. Thanks to the so-called time averaging, the investor buys at a more favorable and less favorable exchange rate, but the longer term balances out fluctuations. This gives young people the opportunity to gradually become familiar with the functioning of the market, their own risk-bearing capacity, and even how to optimize savings from a tax perspective.

The power of compound interest

István Horváth emphasized that for those who start on time, compound interest – in the words of Albert Einstein, the “eighth wonder of the world” – can be one of their greatest allies. A young person starting out in their twenties can feel the returns that patience can bring after a few years, and in the long run, the market and time will work on their side.