Does personality traits and emotional intelligence influence investment decisions of investors?

In today's scenario, money plays an important role in one's life. In order to overcome the problems in future one has to invest his or her money. The Indian financial system nurtures the saving among the investors and channels them to their optimum and effective use. In today's competitive era, the various investment avenues are available to the investors. Investors in general have enthusiasm to invest in those particular avenues which will produce the maximum returns with minimum risks. The present study focuses on the relation between the investor personality traits, emotional intelligence and investment decisions. The data was collected from 500 investors who invest through LSE Securities ltd in Punjab by using a structured questionnaire. Multiple Regression test was applied through SPSS to test the significance of relationship among the variables. The study found the relation of investment decisions with personality traits and emotional intelligence to be statistically significant. The people preferred to invest in particular investment options according to their need and with certain objective in mind. The individual investor should not always follow where the majority goes. They should try to search about his investments before the investing in market. The investors should focus on safe investment avenues. The people should develop the habit of making investment at any stage of life. The investor should be alert what, where, why, when and how to make investment in different investment options.