KETIMPANGAN ASET DAN KAITANNYA DENGAN PROFIL RISIKO INVESTOR RITEL DI INDONESIA 2022-2024

Abstract

The growth of capital market investors in Indonesia during the 2022–2024 period shows a significant trend, but it has not been accompanied by an equitable distribution of capital capacity. This study aims to analyze the relationship between capital capacity and the selection of risk profiles by retail investors. The method used is a descriptive quantitative approach utilizing secondary data from the Indonesia Central Securities Depository (KSEI). The research results show that the majority of investors are dominated by the younger age group and low-income earners, while asset ownership is concentrated in the older age group with high capital capacity. This condition reflects a significant disparity in asset distribution in the Indonesian capital market. Furthermore, a pattern indicates a positive relationship was found between capital capacity and risk tolerance, where small-capital investors tend to be conservative, while large-capital investors are more aggressive in their investment decisionmaking. The mismatch between capital capacity and risk profile has the potential to cause irrational investment behavior and increase the risk of financial loss. Therefore, strengthening financial literacy and adjusting risk profiles based on capital capacity are necessary to create a healthier and more sustainable investment ecosystem.