Comparing European students' investing habits
Kosonen, Kalle (2020)
Kosonen, Kalle
2020
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2020121628730
https://urn.fi/URN:NBN:fi:amk-2020121628730
Tiivistelmä
The subject of this thesis is the comparison of European students and their financial investing habits. This thesis examined how many European students invest, what kind of financial instruments they use and how active they are at investing. The thesis also studies what are the reasons for not investing to those students who do not invest. The theoretical part of this thesis consists of three chapters. The first chapter includes theory about financial investing and some of the most well-known theories around financial investing. The second chapter focuses on different financial instruments, how these work and what are their benefits or problems. The third chapter explains investor psychology and decision-making by using financial behaviour.
The research part of this thesis was executed with quantitative and qualitative methods as well as an internet survey which was used to collect data. The survey received 103 answers of which 98 were accepted to be analysed. The survey was standardized for everyone allowing everyone to answer with the same options, with exception of written answers where the participants had to write down their answer.
From 98 respondents 42 reported that they invest whereas 56 reported that they do not invest. From these 56 non-investors, 37 have considered starting investing, leaving 19 respondents remaining who do not invest or have not considered starting investing. These three categories were then provided their own series of questions. Data from their answers was then compared.
The research showed that less than half of the students invest but the ones who do, show large similarity between each other. Same happened with the people who do not invest but have considered it and with the people who have not considered it. The only differences were shown in the number of investors within a country and how much money was used for investing. The respondents also proved certain financial behaviour elements by explaining about fear of losing and overconfidence. Research show that further study is advised to get more data or explanations to research answers.
The research part of this thesis was executed with quantitative and qualitative methods as well as an internet survey which was used to collect data. The survey received 103 answers of which 98 were accepted to be analysed. The survey was standardized for everyone allowing everyone to answer with the same options, with exception of written answers where the participants had to write down their answer.
From 98 respondents 42 reported that they invest whereas 56 reported that they do not invest. From these 56 non-investors, 37 have considered starting investing, leaving 19 respondents remaining who do not invest or have not considered starting investing. These three categories were then provided their own series of questions. Data from their answers was then compared.
The research showed that less than half of the students invest but the ones who do, show large similarity between each other. Same happened with the people who do not invest but have considered it and with the people who have not considered it. The only differences were shown in the number of investors within a country and how much money was used for investing. The respondents also proved certain financial behaviour elements by explaining about fear of losing and overconfidence. Research show that further study is advised to get more data or explanations to research answers.