The Impact of Demographical Factors on Investment Decision: A Study of Vietnam Stock Market

  •  Hoang Hue Ton    
  •  Thi Phuong Nguyen    


Apart from the market situation, the investment decisions on stock markets base on the mentality of investors at the decision-making time. Each group of people with common characteristics may have the same or different thingking.This study aims to find out whether there is the discrepancy among classified groups of investors or not (the discrepancy in the risk taking investment decisions between male and female, in same age group, education, investment experience, income and marital status) Using Chi-square test, it is illustrated that male have more willingness to take risks in making investment decision than female; the elderly or retirement investors make the options of not taking risk; the investors with five-year-or-more investment experience often take higher risks than the others; the investors of different income levels have the same ability to take risk; the single investors show a tendency to take higher risks than maried investors.

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