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Research Article | Open Access
Volume 14 2022 | None
Impact of Age on Behavioral finance & investment decisions.
Padmanava Das,Dr.Harihara Sudhan R,Mridula M Menon
Pages: 6392-6396
Abstract
This study aims to determine the impact of age on investment decisions in the Delhi NCR area. There were a total of 60 investors who replied. The descriptive statistics and Pearson Chi-square test were used to interpret the data obtained for this analysis. The data obtained from administering a questionnaire to investors in Delhi National Capital Region was used in this observational study. The multiple independent and dependent variables were analyzed using a variety of statistical methods. The results of this study would benefit investors of all age classes to identify prejudices they may not otherwise be aware of. It would have stronger strategic decision-making for investment in the future.
Keywords
Behavioral finance, financial literacy, decision making, Age
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