Millennials’ Investment Decision in Capital Market Investment With Financial Behavior as An Intervening Variable

This study aims to analyze the influence of financial literacy, experience, self-efficacy and risk tolerance on investment decisions mediated by behavior. The population in this were local individual investors Indonesian Capital Market. Sample selection was carried out using purposive sampling techniques. sample used 300 samples. data analysis techniques are descriptive statistical analysis, instrument testing, classical assumption test, multiple linear regression model fit hypothesis test. results show that experience have a positive effect Risk does not impact Financial self-efficacy, behavior positively decisions. has no proven be able mediate unable