Kayla Scanlon, the young writer and economic analyst influential among Generation Z, stated in an interview with Bloomberg TV about the importance of regular investing, saying:
"I invest $50 every month in the S&P 500 index regardless of the circumstances."
This comes as part of her vision to combat what she calls financial nihilism among youth, where she believes that indulging in debt or avoiding investment builds a long-term financial gap.
Kayla also emphasizes that the strategy of periodic investment in small amounts – even if it’s $50 – allows for benefiting from the compounding interest, which will contribute to building future wealth over many years.
Source: Bloomberg+ Yahoo Finance
#BTCBreaksATH #MemecoinSentiment #StrategyBTCPurchase #ETHBreaks3k #Valueclub $BTC
BTCUSDT
Perp
66,514.9
-1.67%
BNBUSDT
Perp
610.63
-0.77%
SOLUSDT
Perp
78.43
-2.63%