The effect of anxiety and curiosity on investment decisions

This research investigates the relationship between curiosity and anxiety traits and investment decisions, aiming to uncover their potential impact on financial behavior. We hypothesized that there is a negative connection between anxiety and investment decisions and a positive connection between curiosity and investment decisions. To test this, a survey has been used that considered real-life investment choices and preferences for risky investments. Also, in the survey three scenarios were presented to assess participants' risk attitudes in finance. Despite previous studies that found a link between anxiety, curiosity, and financial behaviors, the empirical findings from this study did not support such associations. The results of this study did not reveal statistically significant connections between trait anxiety, curiosity, and investment decisions.