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4th International Conference on Inventive Computation and Information Technologies, ICICIT 2022 ; 563:189-206, 2023.
Article in English | Scopus | ID: covidwho-2260061

ABSTRACT

In today's environment, financial knowledge is vital and should be possessed by everyone. Numerous people are financially disadvantaged as a result of the COVID-19 pandemic. This serves as a reminder of the critical nature of financial investment in the future. However, many Indonesians, particularly students, are still unfamiliar with capital market investing. In reality, investing in the stock market can provide a variety of benefits, including financial security, capital appreciation, and passive income. Financial literacy concerns can result in a lack of financial awareness among pupils. Indeed, financial literacy is widely available online and can be accessed at any time and from any location. We employed a quantitative method with a non-experimental research design for this study. A questionnaire survey is used to obtain data. The goal of this study is to determine whether there is a correlation between student interest in capital market investment and their digital financial literacy. As a result, extensive action is required to increase student interest in the capital market, which is precisely what this study wants to do. According to our findings, students who have access to digital financial and investment information have increased their financial literacy and developed a greater interest in investing in the capital market. Individuals are also encouraged by social media trends to try their hand at investing in the stock market. Additionally, students prefer to invest in stocks and mutual funds over other investing options. © 2023, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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