Spending It, Investing It --- Coming On Strong: The children of the baby boomers are affecting spending and investing as significantly as their parents did; The similarity ends there
The furthest thought from Zachary Skolnik's mind is retirement. Any money he makes in the stock market or at work, he's aiming to spend.</br></br>The San Franciscan has $4,000 in an Internet stock, Excite At Home Corp., and fancies himself a bit of a day trader and entrepreneur. He buys and sells shares through the Datek Online service, and when he isn't writing programs for a financial Web site for $7.50 an hour, he's building computers from scratch, mostly from scrap parts he buys online.</br></br>Someday, he hopes to run his own software company -- someday after 2002, when he graduates from high school. Mr. Skolnik is only 15 years old.</br></br>"Hopefully, I can make some extra money and have more to spend," he says of his investments and part-time job. "There's also the fact that I'm learning a lot of important things for later on in life."</br></br>Say hello to the Millennial Generation.