There is need to increase understanding of the positive aspects of individual investor behavior due to the large numbers involved, the institutionalization of the stock markets, and the failure of normative valuation models. This study is a preliminary regional investigation and comparison of...

This study examines stated return preferences of individual investors. First, evidence suggests investors sort themselves into groups by return preferences. Identifiable, systematic, and statistically significant differences exist across investor groups.There appear to be at least two investor...

The analysis reveals that the following relationships exist regarding risk-return behavior in independent (usually receives no help) versus consultative (usually receives help) investment decision making, One, investors who usually make consultative decisions are willing to accept a lower risk...

Part II in this study continues Part I in the previous issue in this journal concerning the balancing of investment risk and return. This article provides empirical evidence on the relationship between "personal characteristics" of individual common-stock investors and their risk/return...

This study extends previous inquiries concerning positive (as opposed to normative) aspects of common-stock investor behavior and provides preliminary empirical evidence on the association between risk/return preferences and expectations for specified investor attributes.Part I of the study...

The book explains the nature of mutual funds and the methods of selecting appropriate funds to fit the risk preferences of individual investors. It also includes how to limit fund risk in declining markets. Mutual fund topics include: (1) the nature of funds, (2) major types of investment...

The balancing of risk and return represents the classic investor dilemma. In theory, an investor seeks to maximize overall rate of return consistent with a desirable risk level. In practice, investor personal and financial characteristics may influence their risk/return preferences. Investors...