A Study on the effect of age on financial investment and level of risk with Special Reference to Bikaner

Abstract

The amount of investment and the rate at which it rises or falls also affect a market's financial situation. These days, investors are more logical and aware of the variety of investing options on the market . Many research indicates that demographic factors including age, gender, income, and employment can influence investment behavior to some extent. These factors can also lead to emotional biases when selecting investment options.The chi-square test for investment with age and the Annova test for age with risk were used in this study to analyze the gap. Based on the findings, it was discovered that there were notable variations in financial investment behavior between level of investment and age as well as between level of risk and age. Age appears to be a significant predictor that influences investment behavior.