ANALYSIS OF THE DECISION MAKING PROCESS OF GENERATION X AND MILLENIAL INVESTORS ON APPLICATION-BASED GOLD INVESTMENT DURING THE CORONA VIRUS PANDEMI
Abstract
This research focuses on the phenomenon of investments made by generation x and millennials during the Covid-19 virus pandemic in application-based gold. The purpose of this study is to find out the strategies used and the reasons for Application-based Gold Investors in Generation X and Millennials to invest during the Covid-19 Pandemic.
Application-based Gold Investors in Generation X and Millennials show that there are no identifiable investment patterns/behaviors relating to a particular generation. Each individual has their own investment patterns whose strategies are influenced by their value, experience, risk profile, and goals in investing.
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42(July), 674–688. https://doi.org/10.1016/j.ribaf.2017.07.010
Ady, S. U. (2018). The Cognitive and Psychological Bias in Investment Decision- Making Behavior: (Evidence From Indonesian Investor’s Behavior). Journal of Economics and Behavioral Studies, 10(1), 86–100.
Ahmad, A. U. F., & Hassan, M. K. (2014). Riba and Islamic Banking. Journal of
Islamic Economics, Banking and Finance, March.
Akhter, M. U. (2015). Principles of Islamic Finance: Prohibition of Riba, Gharar and Maysir. Munich Personal RePEc Archive, 67711, 1–8. https://mpra.ub.uni-muenchen.de/67711/1/MPRA_paper_67711.pdf
AlYahmady, H. H., & Al Abri, S. S. (2013). Using Nvivo for Data Analysis in
Qualitative Research. International Interdisciplinary Journal of Education,
2(2), 181–186. https://doi.org/10.12816/0002914
Aronson, E., Wilson, T. D., Akert, R. M., & Sommers, S. R. (2016). Social Psychology (9th ed.). Pearson Education. https://libgen.lc/ads.php?md5=fb4529a0f5108c336fe5940e906b2a48
Arumugam, S. K. (2019). IMPACT OF INDIVIDUAL BEHAVIOUR ON INVESTMENT DECISION MAKING IN MUTUAL FUND. International Journal of Research and Analytical Reviews, February.
Bailey, W., Kumar, A., & Ng, D. (2011). Behavioral biases of mutual fund investors. Journal of Financial Economics, 102(1), 1–27. https://doi.org/10.1016/j.jfineco.2011.05.002
Bakar, S., & Yi, A. N. C. (2016). The Impact of Psychological Factors on Investors’ Decision Making in Malaysian Stock Market: A Case of Klang Valley and Pahang. Procedia Economics and Finance, 35(October 2015), 319–328. https://doi.org/10.1016/s2212-5671(16)00040-x
Bansal, P. (2018). A Comparative Analysis of Selected Financial Instruments to Solve Investors Dilemma. International Journal for Research in Engineering Application & Management (IJREAM), 03(11), 2454–9150.
Bliss, L. A. (2016). Phenomenological Research : Inquiry to Understand the
Meanings of People ’ s Experiences. International Journal of Adult Vocational
Education and Technology, 7(3), 4. https://doi.org/10.4018/IJAVET.2016070102
Budiati, I., Susianto, Y., Adi, W. P., Ayuni, S., Reagan, H. A., Larasaty, P., Setiyawati, N., Pratiwi, A. I., & Saputri, V. G. (2018). Profil Generasi Milenial Indonesia. Kementerian Pemberdayaan Perempuan dan Perlindungan Anak. www.freepik.com
Byrne, A., Brooks, M., & Gifford, B. (2008). Behavioral Finance : Theories and
Evidence. 1979, 1–26.
Citra Wanodya Hutami. (2018). PENGARUH LITERASI KEUANGAN, OVERCONFIDENCE, DAN PERSEPSI RISIKO TERHADAP PENGAMBILAN KEPUTUSAN INVESTASI. STIE Perbanas, 1–15.
DeBondt, W., Forbes, W., Hamalainen, P., & Gulnur Muradoglu, Y. (2010). What can behavioural finance teach us about finance? Qualitative Research in Financial Markets, 2(1), 29–36. https://doi.org/10.1108/17554171011042371
Dedi Rianto Rahadi, Yosua Stevanus 2020 Persepsi Dan Pengambilan Keputusan Milenial Terhadap Instumen Investasi Masa Depan : Studi Literatur INOBIS: Jurnal Inovasi Bisnis dan Manajemen Indonesia Volume 03, Nomor 02, Maret 2020
Dervishaj, B. (2018). Psychological Biases, Main Factors of Financial Behaviour - A Literature Review. European Journal of Natural Sciences and Medicine,
1(2), 25. https://doi.org/10.26417/ejnm.v1i2.p25-35
Dowling, M. M., & Lucey, B. M. (2005). The Role of Feelings in Investor Decision- Making. SSRN Electronic Journal, October. https://doi.org/10.2139/ssrn.346302
Hoffmann, A. O. I., Post, T., & Pennings, J. M. E. (2013). Individual investor perceptions and behavior during the financial crisis. Journal of Banking and Finance, 37(1), 60–74. https://doi.org/10.1016/j.jbankfin.2012.08.007
Illiashenko, P. (2017). Behavioral Finance: History and Foundations. Visnyk of the National Bank of Ukraine, 239, 28–54. https://doi.org/10.26531/vnbu2017.239.028
Iqbal, N. (2015). Impact of Optimism Bias on Investment Decision: Evidence from Islamabad Stock Exchange, Pakistan. Research Journal of Finance and Accounting, 6(19), 74–79.
Jaiyeoba, H. B., & Haron, R. (2016). A qualitative inquiry into the investment decision behaviour of the Malaysian stock market investors. Qualitative Research in Financial Markets, 8(3), 246–267. https://doi.org/10.1108/QRFM-07-2015-0027
Joo, B. A., & Durri, K. (2015). Comprehensive Review of Literature on Behavioral
Finance. Indian Journal of Commerce & Management Studies, VI(2).
Kabra, G., Mishra, P. K., & Dash, M. K. (2010). Factors Influencing Investment Decision of Generations in India : An Econometric Study. Asian Journal of Management Research, 1(1), 308–326.
Langdridge, D. (2007). Phenomenological Psychology: Theory,Research, and
Method. In Harlow; Pearson Education. https://doi.org/10.1037/10521-050
Loewenstein, G., O’Donoghue, T., & Rabin, M. (2003). Projection bias in predicting future utility. Quarterly Journal of Economics, 118(4), 1209–1248. https://doi.org/10.1162/003355303322552784
Lovric, M., Kaymak, U., & Spronk, J. (2008). A conceptual model of investor behavior (pp. 1–55). Erasmus Research Institute of Management (ERIM). https://doi.org/10.1049/PBCE071E_ch13
Madaan, G., & Singh, S. (2019). An analysis of behavioral biases in investment decision-making. International Journal of Financial Research, 10(4), 55–67. https://doi.org/10.5430/ijfr.v10n4p55
Madhavi Karanam & R.Shenbagavalli 2019. Investment pattern of Millennials: A Path Ahead the international journal researvh publivation’s
Malterud, K., Siersma, V. D., & Guassora, A. D. (2016). Sample Size in Qualitative Interview Studies: Guided by Information Power. Qualitative Health Research, 26(13), 1753–1760. https://doi.org/10.1177/1049732315617444
McPhetres, J. (2018). Religiosity and Confirmation Bias or: How I learned to stop worrying and love preregistered direct replications. In OSF. https://doi.org/https://doi.org/10.31219/osf.io/g7apd
Neumann, C. B., & Neumann, I. B. (2015). Uses of the self: two ways of thinking about scholarly situatedness and method. Millennium: Journal of International Studies, 1–22.
NUR IZA RIPADA. (2020). ANALISIS KEAMANAN DAN RISIKO INVESTASI EMAS DIGITAL TERHADAP MINAT INVESTASI: STUDI PADA PEGADAIAN DIGITAL SERVICE. KASABA: JURNAL EKONOMI ISLAM, (13)2, 103-109
Paramita, S., Isbanah, Y., & Purwohandoko, P. (2018). Bias Kognitif Dan Kepribadian Individu: Studi Perilaku Investor Muda. JRMSI - Jurnal Riset Manajemen Sains Indonesia, 9(2), 214–235
Shinta Wahyu Hati, Windy Septiani Harefa ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI MINAT BERINVESTASI DI PASAR MODAL BAGI GENERASI MILENIAL (STUDI PADA MAHASISWI JURUSAN MANAJEMEN BISNIS POLITEKNIK NEGERI BATAM) Journal of Business Administration Vol 3, No 2, September 2019, hlm, 281-295.
Zulkarnaen, W., Fitriani, I., & Yuningsih, N. (2020). Pengembangan Supply Chain Management Dalam Pengelolaan Distribusi Logistik Pemilu Yang Lebih Tepat Jenis, Tepat Jumlah Dan Tepat Waktu Berbasis Human Resources Competency Development Di KPU Jawa Barat. Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi), 4(2), 222-243. https://doi.org/10.31955/mea.vol4.iss2.pp222-243.
Published
2022-01-19
How to Cite
Perdana, M. S., & Pratama, A. D. (2022). ANALYSIS OF THE DECISION MAKING PROCESS OF GENERATION X AND MILLENIAL INVESTORS ON APPLICATION-BASED GOLD INVESTMENT DURING THE CORONA VIRUS PANDEMI. Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA), 6(1), 1-13. https://doi.org/10.31955/mea.v6i1.1790
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