What are two reasons why investors in England were likely unwilling to finance the early voyages of merchants and joint-stock companies to the Americas?

Investors in England were likely reluctant to finance early voyages to the Americas due to the high risks associated with long sea journeys, including potential shipwrecks, piracy, and diseases. Additionally, the uncertainty of returns on investment was a significant concern, as the profitability of ventures in the New World was not guaranteed, and prior attempts had often ended in failure.