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This is a Quantitative Research study.

How Hearding Behaviour and Financial Literacy affect Young People's Investment Decisions

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Herding behavior and financial literacy significantly influence young people's investment decisions, impacting their financial outcomes.
Testing showed that both financial knowledge and herding tendency play crucial roles in shaping investment choices and maximizing profits.
Quantitative research involved a questionnaire with 77 respondents, employing validity, reliability, t test, and f test for analysis.
Findings highlight the importance of financial literacy to prevent fraudulent investments and make informed decisions.

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Quantitative analysis reveals that herding behavior and financial literacy significantly influence investment decisions among young people.

Puspitarini et al. (2025) studied this question.

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Quantitative analysis reveals that herding behavior and financial literacy significantly influence investment decisions among young people.