Individual investors who grow up and live during a time of high share returns are more likely to invest in shares.

Question

Quizplus · Accepted Answer

This is supported by behavioral finance research that suggests that past experiences can shape individuals' attitudes towards risk and investment decisions. If an individual grows up and sees a high return on shares, they may view shares as a less risky and more attractive investment option, leading them to invest in shares more frequently.

Individual Investors Who Grow Up and Live During a Time