<![CDATA[Purpose: This study examines the influence of financial literacy, hassle factor on investment decisions in the Indonesian capital market, with perceived risk as a mediator. Methodology/approach: A survey of 400 active capital market investors of IDX was conducted, and the data were analyzed using PLS-SEM. Findings: The results show that financial literacy significantly improves investment decisions, while the hassle factor has no significant effect. Perceived risk is shown to mediate the relationship between financial literacy and the hassle factor on investment decisions, emphasizing that individuals consider potential risks and financial consequences more carefully before making investment decisions. Practical implications: These findings have implications for the development of more effective financial education programs and investment platforms. Originality/value: This study contributes to the literature by combining cognitive (literacy) and behavioural (hassle) perspectives, providing new insights into investor behavior, and offering practical guidance for reducing barriers to investment participation.]]>
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