Journal of Economics, Business, and Government Challenges
Vol. 4 No. 01 (2021): Journal of Economics, Business, and Government Challenges [JoEBGC]

The Effect Of Financial Literacy, Overconfidence, And Risk Tolerance On Investment Decision

Nur Yulianis (Unknown)
Erna Sulistyowati (Unknown)



Article Info

Publish Date
30 Apr 2021

Abstract

This study aims to test and prove whether financial literacy, overconfidence, andrisk tolerance affect investment decisions. The sample in this study were 100respondents who met the criteria (namely: living in Sidoarjo, aged 20-24 years,owning pure gold as an investment instrument, and making purchases/investmentsat least once in the last year). This study used multiple linear regression analysis.As a result, it is known that the variables of financial literacy and overconfidencehave a significant effect on investment decisions. Meanwhile, the risk tolerancevariable has not a significant effect on investment decisions.

Copyrights © 2021






Journal Info

Abbrev

ebgc

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal of Economics, Business and Government Challenges aims to be the leading, peer-reviewed journal that enhances the solution of challenges in economics, business and government problem. The scope of our journal is quite broad, but all papers should in a substantial way address the solution in ...