THE IMPACT OF FINANCIAL LITERACY, MENTAL ACCOUNTING, OVERCONFIDENCE, AND FEAR OF MISSING OUT ON INVESTMENT DECISION
Abstract
Indonesia's economy is increasing in this era of technology. One of the reasons that encourages individuals to invest is the desire to secure the future. With the economy growing at such a quick pace, more people are beginning to consider sources of income other than their salary. People needs to make extra money outside their salary to live a more respectable life. Engaging in investment activities is one approach to generating revenue and a salary. This study assesses the effect of financial literacy, mental accounting, overconfidence, and fear of missing out on investment decision. The data used in this study are primary data obtained from distributing questionnaires with purposive sampling technique. A total of 214 samples are used in this study, then analyzed using multiple linear regression analysis techniques through the SPSS (Statistical Program for Social Science) 29 program to process the data. The results of this study indicate a that financial literacy, mental accounting, overconfidence, and fear of missing out affect investment decision.
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