Abstract: The market for stocks plays a crucial role in the lives of many individual households. They stand to gain from higher returns that they earn from participating in the stock market. In reality, few individual households participate in the stock market. Many researches have tried to provide explanation for the limited individual investor participation in the stock market. This study sought to explain whether financial literacy could also provide explanation for the stock holding puzzle by assessing the relationship between financial wealth and individual investor stock market participation decision among secondary school teachers in Nakuru County.