Abstract
Teachers invest in order to accumulate wealth for future consumption. Teachers consider a number of factors when making investment decisions. Investors' investment decisions are influenced by a variety of behavioral factors. This study determines to gain a deeper understanding of data on teachers' investment behavior using exploratory factor analysis (EFA). This study used an exploratory design. The teachers in elementary school in Magpet West district were the respondents of the study. The study was participated by 300 and 17 teachers was very evident. It is determined that some teacher’s behavior when it comes to investment. Thus, based on their lived experiences, it was revealed that during the interview, as emerged in the theme, teachers have reasons to invest. However, the underlying dimensions have a significant impact. Their reasons to invest determine why they invest thus it displays their behavior in investment. Thus, the result of the study revealed in the Exploratory Factor Analysis (EFA) that the instruments in the study were to 8 out of 25 items as final tool. It is also indicated that the reliability instrument was moderately high. As indicated by the Cronbach Alpha (a=.546). Therefore, it is recommended that teachers have the reason to invest as factor of their investment behavior. The emerging trends illustrate how teachers view the navigating dimensions of teachers’ investment behavior that allow the teachers to invest their finances for a reason. There were two factors derived from the study which includes a reason to invest and investment behavior the reliability of investigating the navigating dimensions of teachers’ investment behavior scale is high which provides evidences that items being measured are consistent in measuring the underlying factors. The 8- item navigating dimensions of teachers’ investment behavior scale can be used as a questionnaire.
Keywords: Exploratory Factor Analysis, Teachers’ Investment Behavior, Reasons to Invest, Magpet North Cotabato