#MyStrategyEvolution Kayla Scanlon, the young writer and economic analyst influential among Generation Z, emphasized in an interview with Bloomberg TV the importance of regular investment, stating:
"I invest $50 every month in the S&P 500 index no matter the circumstances."
This comes as part of her vision to combat what she calls financial nihilism among youth, as she believes that indulging in debt or avoiding investment builds a long-term financial gap.
Kayla also confirms that the strategy of periodic investment in small amounts – even if it’s $50 – allows for benefiting from the accumulation of compound interest, which will contribute to building future wealth over many years.
Source: Bloomberg+ Yahoo Finance