Demographic Influences on Investment Behavior: Analyzing the Role of Age, Gender, and Education

Authors

  • Nirmit Shah Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Hitarth Shah Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Krish Thakkar Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Tannay Guha Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Rahul Chauhan Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Andino Maseleno Department of Information Systems, Institut Bakti Nusantara, Lampung, Indonesia
  • R Rizal Isnanto Department of Computer Engineering, Diponegoro University, Semarang, Indonesia

DOI:

https://doi.org/10.38035/sijet.v1i4.101

Keywords:

investment behavior, demographics, financial planning

Abstract

This study examines the demographic characteristics of respondents - age, gender, and education—and their influence on investment behaviors. The sample is predominantly young, with 68.3% aged 18-25, and shows a male skew (56.7%). Most participants hold undergraduate degrees (53.8%), indicating a highly educated demographic. The analysis reveals significant differences in investment experience, risk tolerance, and financial planning priorities based on these factors. Younger respondents demonstrate higher risk tolerance, while gender differences highlight varying approaches to financial planning. The study’s findings contribute to understanding how demographic factors shape investment strategies, with global implications for financial markets. Future research should include more diverse age groups, gender balance, and cross-cultural comparisons to enhance the global understanding of investment behaviors.

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Published

2024-04-30

How to Cite

Shah, N., Shah, H., Thakkar, K., Guha, T., Chauhan, R., Maseleno, A., & Rizal Isnanto, R. (2024). Demographic Influences on Investment Behavior: Analyzing the Role of Age, Gender, and Education. Siber International Journal of Education Technology (SIJET), 1(4), 153–162. https://doi.org/10.38035/sijet.v1i4.101

Issue

Vol. 1 No. 4 (2024): (SIJET) Siber International Journal of Education Technology (April 2024)

Section

Articles

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Copyright (c) 2024 Nirmit Shah, Hitarth Shah, Krish Thakkar, Tannay Guha, Rahul Chauhan, Andino Maseleno, R Rizal Isnanto

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