I've been having a lot of conversations lately with people who are hesitant or don't know how to invest. I always try to keep it simple, but there are so many different aspects and facets to each situation that make investing difficult or scary.
I know that some of my initial hesitation around investing was lack of knowledge. There is so much to learn if you want to do different things in investing. However, for the basics – such as index fund investing – it doesn't take any special skills or knowledge to get started.
When talking about the basics, I usually refer to my College Student's Guide to Investing, as it has a lot of helpful hints for new investors. However, I know that this guide doesn't address everything.
So, readers, why are you hesitant to invest? I would love to hear your responses and compile any common themes!