Personal Finance Millenial Generation : Determination of Mediation of Investment Intention on the Influence of Investment Knowledge and Returns on Investment Decisions on Gold Instruments in Bekasi City
DOI:
https://doi.org/10.38035/dijefa.v5i2.2561Keywords:
Investment Konwledge, Return, Investment Intention, Investment Decision, GoldAbstract
This research is a study that studies the influence of investment knowledge and returns on investment decisions through investment interest in Bekasi City. This research uses a quantitative approach and population of this study is not known with certainty but the unit of analysis used is investors who invest in gold instruments and are the millennial generation in Bekasi City. This research sample adopted previous research which used the Lemeshow (1997) approach with a sample size of 100 respondents. The results of this research indicate that investment knowledge does not influence investment decisions, return and investment interest influence investment decisions. Meanwhile, the indirect effect found that investment knowledge influences investment decisions through investment interest, while returns do not influence investment decisions through investment interest. This research focuses on the millennial generation and specifically those who invest in gold instruments. This research also focused on the city of Bekasi, which is one of the developing capital cities of Indonesia. The novelty of this research is in the research model where the researcher adds a return variable to this research which has never been done before to the best of the researcher's knowledge.
References
Anan, M. W., & Devi, S. (2023). Pengaruh Modal Minimal, Tingkat Risiko, Return, Tingkat Pengetahuan Investasi, Lingkungan Sosial dan Fasilitas Online terhadap Minat Mahasiswa Berinvestasi di Pasar Modal. Jurnal Penelitian Dan Pengembangan Sains Dan Humaniora, 7(1), 48–60. https://doi.org/10.23887/jppsh.v7i1.49306
Detik Finance. (2024). Investasi Emas Masih Jadi Primadona di 2024.pdf.
Fadhil, Mursyidan, F., Farizi Mursyidan, F., & Syaipudin, U. (2023). Pengaruh Literasi Keuangan, Usia, Return, Serta Pendapatan Terhadap Keputusan Investasi (Indonesian Version). Jurnal Riset Ilmu Akuntansi, 2(3), 245–267. https://doi.org/10.55606/akuntansi.v2i3.341
Fitriasuri, F., & Simanjuntak, R. M. A. (2022). Pengaruh pengetahuan investasi, manfaat motivasi, dan modal minimal investasi terhadap keputusan investasi di Pasar Modal. Owner, 6(4), 3333–3343. https://doi.org/10.33395/owner.v6i4.1186
Fitriaty, F. (2023). Exploring the Factors Shaping Investment Decisions?: Insights from Financial Literacy , Financial Behavior , and Income among Lecturers at the Faculty of Economics and Business , University of Jambi. Dinasti International Journal of Economics, Finance Adn Accounting, 4(3), 465–474.
Ghozali, I., & Latan, H. (2015). Partial Least Squares Konsep, Teknik dan Aplikasi Menggunakan Program SmartPLS 3.0 Untuk Penelitian Empiris. Universitas Diponegoro.
Handayani, M., & Rianto, M. R. (2021). Pengaruh Financial Knowledge , Pendapatan dan Social influence terhadap Minat Menggunakan Aplikasi Pembayaran Digital pada Generasi Milenial Islam di Kota Bekasi. Jurnal Ilmiah Ekonomi Islam, 7(03), 1858–1865.
Himmah, A., Imtikhanah, S., & Hidayah, R. (2020). PERAN MINAT INVESTASI DALAM MEMEDIASI PENGETAHUAN INVESTASI, MOTIVASI INVESTASI, DAN MODAL MINIMAL INVESTASI TERHADAP KEPUTUSAN INVESTASI (Studi Kasus Investor Pada BEI Berdomisili Kota Pekalongan). Neraca, 16(2), 111–128. https://doi.org/10.48144/neraca.v16i2.502
Hutomo, A., Marditama, T., Limakrisna, N., Sentosa, I., Lee, J., & Yew, K. (2020). Green Human Resource Management, Customer Environmental Collaboration and the Enablers of Green Employee Empowerment: Enhanching an Environmental Performance. 1(2), 358–372. https://doi.org/10.38035/DIJEFA
Indonesia Central Securities Depository. (2024). Statistik Pasar Modal Indonesia. Publikasi PT Kustodian Sentral Efek Indonesia, 1–7. https://www.ksei.co.id/publications/demografi_investor
Komariah, N. S., Nursal, M. F., & Rianto, M. R. (2022). Pengaruh Inovasi dan Media Sosial terhadap Kinerja UMKM Makanan Halal di Kota Bekasi Utara. Jurnal Ilmiah Ekonomi Islam, 8(2), 2247. https://doi.org/10.29040/jiei.v8i2.5957
KSEI. (2023). Pertumbuhan SID. Publikasi Statistik Pasar Modal Indonesia, 1–7. www.ksei.co.id
Leon, S. (2018). Service mobile apps?: a millennial generation perspective. 118(9), 1837–1860. https://doi.org/10.1108/IMDS-10-2017-0479
Maharani, A., & Farhan Saputra. (2021). Relationship of Investment Motivation, Investment Knowledge and Minimum Capital to Investment Interest. Journal of Law, Politic and Humanities, 2(1), 23–32. https://doi.org/10.38035/jlph.v2i1.84
Masnita, Y., Yakub, A., Nugraha, A. T., & Riorini, S. V. (2019). Influence of government support, technology support and islamic banking awareness on Islamic banking choice in Indonesia with moderating role of religiosity. International Journal of Innovation, Creativity and Change, 6(8), 46–66.
Munawar, A., Suryana, S., & Nugraha, N. (2020). Pengaruh Literasi Keuangan Dan Faktor Demografi Terhadap Pengambilan Keputusan Berinvestasi. Akuntabilitas, 14(2), 253–268. https://doi.org/10.29259/ja.v14i2.11480
Nirmala, A. (2016). Pengaruh Literasi Keuangan Terhadap Keputusan Investasi Dengan Minat Investasi Sebagai Variabel Mediasi (Studi Kasus Mahasiswa Pnj Jurusan Akuntansi).
Niswah, A. A., & Cahya, B. T. (2023). Faktor-Faktor yang Mempengaruhi Pengambilan Keputusan Investasi di Pasar Modal dengan Minat Investasi Sebagai Variabel Intervening. JEBISKU: Jurnal Ekonomi Dan Bisnis Islam IAIN Kudus, 1(2), 2.
Nursal, M. F., Rianto, M. R., & Bukhari, E. (2022). The Influence of Market Orientation , Entrepreneurial Orientation , Knowledge Management and Learning Organization on Performa nce Mediated by Innovation in Culinary SME ’ s i n Bekasi. 1(8), 1691–1702.
OJK. (2021). Tingkat Literasi Keuangan Milenial Rendah. In Seminar Online Indonesia Millenials Financial Summit (p. 1). https://feb.unair.ac.id/id/berita-ilmu-ekonomi/5786-tingkat-literasi-keuangan-milenial-rendah.html
PRADIKASARI, E., & ISBANAH, Y. (2018). Pengaruh Financial Literacy, Illusion of Control, Overconfidence, Risk Tolerance, dan Risk Perception Terhadap Keputusan Investasi Pada Mahasiswa di Kota Surabaya. Jurnal Ilmu Manajemen (JIM), 6(4), 424–434.
Pratama, A., Fauzi, A., & Purwohedi, U. (2022). Pengaruh Persepsi Risiko, Ekspektasi Return, Dan Behavioral Motivation Terhadap Keputusan Investasi Mahasiswa Yang Terdaftar Di Galeri Investasi Pada Perguruan Tinggi Negeri Jakarta. Indonesian Journal of Economy, Business, Entrepreneurship, Business and Finance, 2(3), 252–267. https://doi.org/10.53067/ijebef.v2i3
Rahayu, N. P. H., & Yuniarta, G. A. (2022). Pengaruh Edukasi Investasi, Return, Persepsi Harga dan Motivasi Investasi Terhadap Minat Mahasiswa Untuk Berinvestasi di Pasar Modal. Jurnal Akuntansi Profesi, 13(2), 94–99. https://ejournal.undiksha.ac.id/index.php/JAP/article/view/37141
Ramadhani1, F., & Luthan2, E. (2023). Impact of Investment Knowledge, Investment Experience and Financial Literacy on Investor Investment Decisions in the Capital Market Pengaruh Pengetahuan Investasi, Pengalaman Investasi dan Financial Literacy Terhadap Keputusan Investasi Investor di Pasar . Management Studies and Entrepreneurship Journal, 4(5), 6605–6618. http://journal.yrpipku.com/index.php/msej
Reviandani, W. (2023). Pengetahuan Investasi Memediasi Pengaruh Pepresepsi Return Dan Risiko Terhadap Minat Investasi Mahasiswa. Jurnal Manajerial, 10(02), 377. https://doi.org/10.30587/jurnalmanajerial.v10i02.5523
Rianto, M. R. (2021). Pengaruh Perubahan Strategi Pemasaran, Kepemimpinan Transfomasional dan Organsiasi Pembelajar terhadap Kinerja Perbankan Syariah di DKI Jakarta. Jurnal Ilmiah Ekonomi Islam, 7(2), 1084–1090. https://doi.org/10.29040/jiei.v7i2.2590
Rianto, M. R., Jasfar, F., & Arafah, W. (2021). Mediating Effect of Organization Learning on the Relationship Between Strategic Change , Knowledge Management and Transformational Leadership?; Case of Indonesia Islamic Banks. 10(3), 26–49.
Rianto, M. R., Setyawati, N. W., Rohaeni, H., & Woelandari, D. S. (2022). Pengaruh Harga , Promosi dan Inovasi Terhadap Kepuasan Pelanggan Provider Telkomsel Pada Generasi Milenial Muslim di Kota Bekasi. 8(02), 2159–2166.
Rianto, M. R., Sulistyowati, A., Sari, R. K., Handayani, M., & Woestho, C. (2019). Indonesian Demographic Bonus?: Determinants of Intention to Use the Cellular Application of Tourism in Indonesia ’ s Millennial Generation. 9(2), 1–14.
Rianto, M. R., & Yoganingsih, T. (2020). Religiusitas, Pengaruh Dan, Pengaruh Sosial Di, Menabung Syariah, Bank Bekasi, Mandiri Manajemen, Prodi Ekonomi, Fakultas Bhayangkara, Universitas Raya, Jakarta Sosial, Pengaruh Pemerintah, Dukungan Menabung, Minat Syariah, Bank. 16(2), 76–83.
Setiawan, M. H., Komarudin, R., & Kholifah, D. N. (2022). Pengaruh Kepercayaan, Tampilan Dan Promosi Terhadap Keputusan Pemilihan Aplikasi Marketplace. Jurnal Infortech, 4(2), 141. http://ejournal.bsi.ac.id/ejurnal/index.php/infortech139
Sulistyowati, A., Rianto, M. R., Handayani, M., & Bukhari, E. (2022). Pengaruh Financial Literacy, Return dan Resiko terhadap Keputusan Investasi Generasi Milenial Islam di Kota Bekasi. Jurnal Ilmiah Ekonomi Islam, 8(2), 2253. https://doi.org/10.29040/jiei.v8i2.5956
Sulistyowati, A., Rianto, M. R., Sari, R. K., & Narpati, B. (2020). Indonesian Millennial Generation?; Impact of Internal Factors and External Factors to use the intention of Financial Technology (Mobile Applications Payment) in Jakarta – Indonesia. 57, 1525–1530.
Trisnatio, Y. A., & Pustikaningsih, A. (2017). Pengaruh Ekspektasi Return , Persepsi Terhadap Risiko , Dan Self Efficacy Terhadap Minat Berinvestasi Saham Mahasiswa Fakultas Ekonomi Universitas Negeri Yogyakarta. Jurnal Fakultas Ekonomi, 2(1), 1–15. http://journal.student.uny.ac.id/ojs/index.php/profita/article/view/13790
Zainuddin, A. (2021). Pengaruh Pencapaian Visi, Pengelolaan Pengetahuan, Pengelolaan Sistem Kerja Terhadap Kinerja Karyawan Di Pakuwon Golf Surabaya. 14(1), 223–229.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Christophorus indra Wahyu putra, Wirawan Widjanarko, Gerry Juan Carlos, Kardinah Indrianna Meutia, Hasanuddin Hasanuddin, Rosalina Siagian, Mohamad Sobari

This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish their manuscripts in this journal agree to the following conditions:
- The copyright on each article belongs to the author(s).
- The author acknowledges that the Dinasti International Journal of Economics, Finance & Accounting (DIJEFA) has the right to be the first to publish with a Creative Commons Attribution 4.0 International license (Attribution 4.0 International (CC BY 4.0).
- Authors can submit articles separately, arrange for the non-exclusive distribution of manuscripts that have been published in this journal into other versions (e.g., sent to the author's institutional repository, publication into books, etc.), by acknowledging that the manuscript has been published for the first time in the Dinasti International Journal of Economics, Finance & Accounting (DIJEFA).