Retail investors' risk perception significantly impacts equity investment decision making.
The study looked at how people's perception of risk affects their decisions when investing in the stock market. They found that individual factors like age, gender, income, and investment portfolio influence how risky people are willing to be with their money. The results showed that retail investors tend to be cautious with their investments, making decisions based on emotions, feelings, and thoughts. To reduce risk, investors should understand different types of investments and the market.