PENGARUH PENGETAHUAN INVESTASI, FOMO, DAN ILLUSION OF CONTROL TERHADAP KEPUTUSAN INVESTASI DI PASAR MODAL (STUDI KASUS MAHASISWA FEB UTM)

Abstrak

Humans require financial literacy, particularly Investment Knowledge, to facilitate their investment decisions. However, investment decisions within the capital market aren't solely determined by the extent of investment knowledge; they are also influenced by other factors such as FoMo (Fear of Missing Out) and the illusion of control. This study aims to examine whether there is a correlation between investment knowledge, FoMo, and illusion of control with investment decisions in the capital market among students from FEB UTM. The research methodology employs a quantitative approach, utilizing a Likert scale questionnaire and multiple linear regression analysis conducted through SPSS Version 26 with a sample size of 100 respondents. The proposed hypothesis suggests that investment decisions among the sample are affected by investment knowledge, FoMo, and illusion of control. However, the findings from the t-test indicate that neither Investment Knowledge nor FoMo significantly influences investment decisions in the capital market among FEB UTM students. Conversely, the illusion of control does exhibit an impact on investment decisions in the capital market among FEB UTM students. Meanwhile, the illusion of control influences investment decisions in the capital market among FEB UTM students. Meanwhile, the results of the f Investment test, FoMo, and Illusion of Control together have a significant influence on Investment Decisions in the capital market for FEB UTM Students.