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Explore: The Perils of Investing in Leveraged ETFs — Illustrated

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Continuity For India’s Central Bank

Rupees in India

On September 4, 2016 Raghuram Rajan, Governor of India’s Reserve Bank (RBI), will step down from his post and be replaced by Urjit Patel. While Mr. Rajan’s term has been marred by partisan disputes and political differences, his contributions in stabilizing India’s economy cannot and should not be understated or forgotten. Continue reading “Continuity For India’s Central Bank”

Go for the Gold (Medal)*

*Taxes may be applicable

Rio

Winning an Olympic medal is an amazing accomplishment that deserves to be rewarded. The US Olympic Committee prize money for winning an Olympic gold medal is $25,000, $15,000 for silver, and $10,000 for bronze. Many countries do not award their medal winners, and if they do, the amounts are often less (though some are higher, such as Brazil). What may seem surprising is that with those thousands of dollars in prize money earned, comes a hefty tax bill, depending on the athlete’s income tax bracket. If a US Olympian is in the highest tax bracket (39.6%), then they will owe $9,900 in income taxes on his or her gold medal. This amount drops to $6,250 if the gold medal winner is in the 25% tax bracket.

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Do The Highest-Paid CEOs Deliver The Highest Returns For Investors?

CEO Business Woman

An interesting piece recently put together by Ric Marshall & Linda-Eling Lee from MSCI Inc. answers this very important question for shareholders. The duo studied over 400 large U.S. corporations over a ten-year period, between 2006 and 2015, and concluded that higher pay Continue reading “Do The Highest-Paid CEOs Deliver The Highest Returns For Investors?”

Back-to-School Savings Study Guide

Pencil

According to the National Retail Federation, families in America spent an average of $630.36 per child on back-to-school needs like electronics, clothing, and school supplies in 2015. That’s 42% more than families spent a decade ago! With costs increasing, follow these 4 easy tips to graduate this year’s back-to-school shopping season with an A+.

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The Perils of Investing In Leveraged Funds

Stock Exchange

In the investing world, returns are always in demand, but the path by which investors pursue these returns can be very detrimental to a portfolio’s health. Leveraged funds, which have been around for two decades now, seek to beat the market returns of their unleveraged, index-tracking counterparts by essentially increasing the stakes of the bet through the use of derivative instruments. The idea seems straightforward, but the results are not always what investors expect them to be.

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There Is No Such Thing as a Free Lunch — Or Is There?

Growth

Factor investing, which revolves around an investment according to specific, pre-determined characteristics (“factors”), has piqued the interest of many in the investing world as investors hope they can finally beat the market on a consistent basis. According to MSCI.com, indexes can be constructed according to these six risk factors: Value, Low Size, Low Volatility, High Yield, Quality and Momentum. By doing so, factor investing combines simplicity, transparency, and the affordability of indexing with the irresistible prospect of “beating the market,” which explains its surge in popularity over recent years.

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Happy Fourth of July!

Summer is finally in full swing, which means America’s birthday is right around the corner. The Fourth of July marks the festive occasion when Americans can gather with their friends and family to celebrate America’s independence and enjoy summertime fun. This weekend, 64.5% of Americans will attend a social gathering such as a barbecue or picnic. Just remember to be safe this holiday and from all of us here at Condor Capital, have a happy Fourth of July! Additionally, check out the infographic from WalletHub below to learn more about the numbers pertaining to the upcoming festivities:

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