Investment Behavior: Factors that Impact African American Women’s Investment Behavior

Abstract

The wealth of African Americans has lagged behind that of the general US population. The key to understanding this may lie in African American women’s money management abilities and feelings relating to money because they are often the household’s money manager. This study answers the question, “If African American women had greater confidence in their ability to manage money, or had a positive attitude towards money, would they invest in the stock market more often and ultimately increase their net worth in this way?” Researchers studied a cross-section of African American women, using three logistic regression models and found that African American women who were sure of their ability to manage their finances and felt in control of their money were more likely to be investors. A higher number of younger African American women were investors, compared to older African American women. In addition, younger African American women had greater confidence in their money management ability than their older counterparts.

Factors determining the investment behaviour of farmers – the moderating role of socioeconomic demographics

“…They find that with increase in age, investors become risk averse and show less tendency to take investment risk. The moderation effect of age of target respondents has also been studied by various researchers (Hudson, 2021; Triwijayati et al , 2020; Chawla and Joshi, 2020). Abbas et al (2018) investigate the moderating role of age in emotional intelligence, homesickness and mood swings in university students.…”

“…Investors in the higher-income group are less confident than those in the low-income group. Many research studies have been conducted to analyse the moderation effect of income of respondents on the consumption behaviour of respondents (Akbarov, 2021; Hudson, 2021; Triwijayati et al , 2020; Chiu et al , 2021).…”

“…Deaves et al (2010) find that educated investors tends to invest more as compared to less educated investors. The moderations effect of educations has been further studied on various aspects of research in the previous studies (Hudson, 2021; Chiu et al , 2021).…”

“…The findings observed a positive impact of demographic variables on investment decisions. Ates et al (2016) document that the intensity to invest among unmarried investors is significantly higher than in married investors The moderation effect of marital status remain a centre point during the research and research analysed this in their research work (Akbarov, 2021; Hudson, 2021; Chiu et al , 2021).…”

REVIEW FAKTOR PENENTU KEPUTUSAN INVESTASI PADA GENERASI Z & MILLENIAL

“…Berdasarkan tabel di atas, terlihat pula bahwa investor saham di Afrika didominasi oleh kalangan muda atau Millenial dan Generasi Z dimana memiliki tingkat kepercayaan diri yang tinggi [34]. Perilaku tersebut sama dengan perilaku investor Cina dimana kepercayaan diri mempengaruhi keputusan investasi mereka [35].…”