Cátia Rosário – Universidade Lusófona de Humanidades e Tecnologias, Campo Grande, 1749-024 Lisboa, Portugal and Governance, Competitiveness and Public Policies (GOVCOPP); Universidade de Aveiro, Campus Universitário de Santiago, 3810-193 Aveiro – Portugal

Ana Lorga da Silva – Universidade Lusófona de Humanidades e Tecnologias, Campo Grande, 1749-024 Lisboa, Portugal and Escola Superior Naútica Infante D. Henrique, Av. Eng. Bonneville Franco, 2770-058 Paço de Arcos – Portugal

António Augusto Costa – Universidade Lusófona de Humanidades e Tecnologias, Campo Grande, 1749-024 Lisboa, Portugal

7th International Scientific-Business Conference – LIMEN 2021 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Online/virtual, December 16, 2021, published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-54-7, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.2021

Financial investments;
Financial literacy;
Risk aversion

DOI: https://doi.org/10.31410/LIMEN.2021.205


Over the past few years, the number of young people who choose to invest their savings in the financial markets has increased – investments such as savings accounts and treasury bonds where there is a guarantee of return on invested capital. They also invest in stocks, options, futures, swaps, bitcoins, among other financial products with different levels of risk. For in­vestments to be made with relative safety, an adequate level of financial lit­eracy is essential. Related to the concept of financial literacy is the concept of risk. In this study, a questionnaire was applied, and it had a dual purpose: to measure the level of financial literacy and measure the degree of finan­cial risk aversion. The questionnaire was applied to students of the business management course at the Lusófona University; most respondents have fi­nancial knowledge and are not risk averse, which can be attributed to their area of study.

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