Young Investors and the IDX: A Psychological Perspective on Decision Making
DOI:
https://doi.org/10.51699/economics.v38i1.255Keywords:
Overconfidence, Emotion, Considering The Past, Investment DecisionsAbstract
Investment psychology is a factor that can control an investor's emotions when making an investment. An investor will invest well if his investment psychology can be mastered or is stable. On the other hand, if an investor does not have good investment psychology, then making an investment will have a negative impact and can even disturb the investor's mentality. This research was conducted to analyze each variable, namely overconfidence (X1), emotion (X2), and considering the past (X3) on investment decisions (Y) in the @Saham_fess autobase community on Twitter. This kind of study has a sample size of 100 respondents and is quantitative in nature. Purposive sampling was the method of sampling that was employed in this study. methods of gathering data were mostly through questionnaires. Data instrument testing, multiple linear analysis, hypothesis testing, coefficient of determination, and classical assumption testing are the data analysis techniques that are employed. After that, the data was examined using linear regression with SPSS's assistance. The study's findings indicate that the factors overconfidence, emotion, and considering the past significantly influence the investment decisions made by members of the @Saham_fess autobase Twitter community.
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