ILLUSION OF CONTROL DAN FAKTOR DEMOGRAFI DALAM PENGAMBILAN KEPUTUSAN INVESTASI

Abstract

Abstract: One of financial behavior influenced by psychology factor is the tendency to believe of someone that they can control or influence the outcome which impossible to control, that called Illusion of control. Illusion of control can be occurred when an individual has misinterpretation of the control degree which they have where is not same as the situation and outcome. In financial behavior relating to foreign currency is known that illusion of control relatively have no relation to the foreign currency. The purpose of the research was to observe whether demography factors have relation with illusion of control in trading foreign currency. Research subject used was customers of PT. Millennium, branch of Jakarta who is living in Salatiga. Data used was primary data by distributing questioner to the respondents. Analysis tool used was t-test by using SPSS 16.00 for Windows Program. relation between demography factors with illusion of control behavior in trading foreign currency.

 

Keywords: Illusion of control, demography  factors.