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Investment Planning West Hartford, CT | Investment Planning Page

Burr Capital Advisors


At Burr Capital Advisors, we specialize in financial planning for every stage of life. We approach financial planning from a foundation built on lasting relationships with our clients. It is important to us that our clients understand exactly what it means to take the next step towards their unique financial future, which is why we take pride in client education. We found that there is immense value in investing in our clients’ understanding of their portfolios. For 401(k) and investment planning in West Hartford, CT, look no farther than Burr Capital Advisors. Burr Capital has been voted the third best financial firm in West Hartford, with Whitney Burr voted as the Best Financial Advisor. We help you make informed financial decisions every step of the way, bringing you closer and closer to your version of financial freedom.


How to Invest Money


Many individuals find themselves asking questions about how to invest money or how to start investing. Clearly, there is no simple answer and certainly not one formal approach to investment planning. When you find yourself asking how to start investing and how to invest money, look no farther than your local registered investment advisor at Burr Capital Advisors. We specialize in investment planning in West Hartford, CT. That is your first step, to get a registered investment advisor on your team. Each investor starts on their own path, and the journey begins with their unique financial goals. One must ask themselves, what do I want my wealth to do for me? Your personal investment planning goals determine what approach you should take on how to invest money. There are no two financial situations that are the same, so no two investment planning portfolios will be identical. A registered investment advisor will help you take inventory of what you have, your goals, and the most viable approach to start your investment journey.


Where to Invest Money


In the fast-paced digital world we live in today, options for investing your money are ever-increasing, and there is no evidence that this will slow down. There is always a new trend or a new product that stirs up a craze with inexperienced investors. Don’t let yourself fall prey to the hype. To have a balanced and sound investment portfolio, you must consider safety, income, and capital gains objectives when navigating the question of where to invest money.


  • Safety – There is no way to eliminate risk. It is impossible. Risk is inherent to investing. What is possible, however, is to decrease risk significantly and have a very modest portfolio. Investment vehicles such as government-issued securities and stable economic systems are generally considered safer investment options for investors with a low tolerance for risk. Other options include AAA-rated corporate bonds, Treasury bills, certificates of deposit, commercial paper, and bankers’ acceptance slips. Remember, though, that low risk usually equals low return.
  • Income – An investor who focuses on income generally purchases fixed-income assets. Instead of prioritizing mitigating risk, the focus is shifted to income. People who are nearing retirement or at retirement tend to focus more on income. Investors who are more focused on income than safety tend to go beyond the safest AAA-rated investment choices.
  • Capital Gains – The only way to achieve capital growth is to sell assets. Stocks are capital assets. Other than payments for dividends, owners of stocks must cash them in to achieve gains. Capital assets can include precious stones and real estate. Each of these capital assets come with their own level of risk. Selling at a lower price than the purchase price results in a loss in capital. The stock market comes with volatility and varying levels of risk.


Registered Investment Advisor


Investment planning is so important for several reasons. Many people have the desire to invest their money and don’t know how to start investing. A strategic plan allows individuals and businesses to succeed in their investment planning because the road to success is mapped out for them during the investment planning process. Investment planning holds the keys to financial success. This is where your registered investment advisor becomes crucial to your success. A registered investment advisor will ensure that your portfolio is diverse and balanced. You don’t have to try and figure out how to invest on your own. Let the professionals help determine the best strategies for you while you sit back and let your wealth work as hard for you as you do for it.