Determinants of Interest and Investment Decisions in the Capital Market for the Millennial Generation in Bali Province

The millennial generation is interested in investing in the capital market because they see the large capital market phenomenon as an opportunity to prepare long-term funds and update information in the economic sector.This research aims to analyze the influence of risk tolerance, financial literacy, and social interaction on investment interest in the capital market for the millennial generation in Bali Province.Furthermore, this research also aims to analyze the influence of risk tolerance, financial literacy, social interaction, and investment interest on investment decisions in the capital market for the millennial generation in Bali Province.The population of this research is all investors domiciled in Denpasar Bali who invest in shares in the capital market.Considering that the population size is unknown, the sample size is determined using the Cochran formula so that a sample of 100 people can be determined.Purposive sampling was the method used for the sample process.The SEM-PLS analysis technique was used to analyze the data.The analysis's findings demonstrate that social interaction, financial literacy, and risk tolerance all positively and significantly influence the millennial demographic's interest in investing in Bali Province's capital market.Risk tolerance, financial literacy and investment interest have a positive and significant influence on investment decisions in the capital market for the millennial generation in Bali Province.However, risk tolerance is proven to have no significant influence on investment decisions in the capital market for the millennial generation in Bali Province.