Factors Influencing Investment Decisions
From Open Risk Manual
Definition
Factors Influencing Investment Decisions. In the context of the Financial Competence Framework, Factors Influencing Investment Decisions is a topic in the Planning And Managing Finances subject matter domain.[1]
Competences
Mastering the role of Factors Influencing Investment Decisions in financial literacy context requires the following competences:
| Code | Competency Description | Competency Type |
|---|---|---|
| 230 | Aware that human characteristics such as emotions or cognitive biases can impact on investing decisions in unanticipated ways | Knowledge |
| 231 | Aware of the risks related to social trading | Knowledge |
| 232 | Takes steps to make informed decisions, control emotional responses and takes into account cognitive biases when making investment decisions | Skill |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union
