Pengaruh Literasi Keuangan terhadap Keputusan Investasi pada Kalangan Investor Milenial Pasar Saham Indonesia

Abstract

This study aims to analyze and determine the effect of financial literacy on investment decisions among millennial investors in the Indonesian stock market. The approach used in this study employs a quantitative approach. This research was conducted on 96 millennial respondents who are currently or have previously invested in the Indonesian stock market. The data collection process was carried out using a questionnaire instrument and distributed across several social media platforms. The researcher conducted data analysis using data analysis techniques, namely descriptive statistical analysis and simple linear regression analysis. From the data analysis conducted, the results indicate that financial literacy (X) has a positive affect and significant on investment decisions (Y). This is evidenced by the results of hypothesis testing which show that the T-calculated (11,155) is greater than the T-table (1,9855) the significance value (0.000) is smaller than the significant value (0.05). Therefore, the research hypothesis stating that financial literacy has a positive affect investment decisions can be accepted.

Keywords: financial literacy, investment decisions, stock.