Condor Capital Management

Explore: Prince – The Numbers Behind a Legend

Prince – The Numbers Behind a Legend

Prince.

In recognition of one of the most prolific artists of all time, we share an infographic compiled by Complex Media, Inc. Although these numbers don’t reflect investments, they do illustrate accomplishments and contributions that are worthy of respect from fans of art – or numbers – anywhere.

Read on…

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Outliving Your Money – A Real Threat

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J.P. Morgan Asset Management’s 2016 Guide to Retirement makes two interesting observations on life expectancy. While most people know that the average American is living longer due to several factors, including advancements in healthcare, another point is often overlooked: the narrowing life expectancy for men and women.

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Volkswagen Diesel Car Owners OK — but What About the Collateral Damage?

Volkswagen

Gas-Powered Vehicle Owners & Dealers Left in the Dust

Yesterday, some details were released regarding Volkswagen’s settlement with diesel car owners and the federal government in regards to its diesel emissions scandal. In essence, Volkswagen is expected to either buy back the affected cars or fix the issues completely. These car owners will be fine, but what about the others who are associated with the brand?

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Do Economic Expansions Grow Tired With Time?

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With the market swoon to start the year, many investors wondered if we were finally due for a sustained slowdown in the economy or even a recession. After all, since 1926, recessions have happened once every five years on average and it has been over six-and-a-half years since the last one ended.

Well, positive economic growth has continued and the capital markets have actually made a sharp recovery since mid-February. So, does this make a recession even likelier now as more time has passed?

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Are You Sabotaging Your Returns?

In theory, successful long-term investing seems pretty straightforward: buy a diversified set of companies with solid business prospects and reasonable valuations, patiently monitor them over years or even decades, and watch your money grow. Simple, right? If only it were that easy.

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5 Ways to Begin the Wealth Journey in Your 20s

Many people mention that your 20s are the best years of your life. While this may be the case from the perspective of having few major responsibilities, it is far from the truth financially. According to Edvisors.com, a leading online authority for planning and paying for college, about 71% of students graduating with a bachelor’s degree in 2015 had student loans averaging around $35,000. With a majority of current graduates suffering from extensive debt, wealth and financial independence may seem like a far-off dream. However, according to Ken Schapiro of Condor Capital Management, it is possible to create a solid foundation for a wealthy future while still in your 20s by following several important financial guidelines.

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In Manhattan, the ̶S̶k̶y̶ Rent is Falling!

Manhattan has always been notorious for the superbly high rates of rent which tenants of the New York City borough have had to endure. While there is no indication that Manhattan will cease to exist as one of the most expensive places to rent in the country, for the first time in 24 months, average rent rates on a year-over-year basis actually fell in the borough. Based on a recent report by Douglas Elliman Real Estate, the median rental price has declined by nearly 3% to $3,300/month for Manhattan in March 2016 versus the same month last year and about 2.5% on a month-over-month basis.

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Is This Credit Card Right For You?

As a follow-up to an article we posted last week about whether now may be a good time to apply for a credit card, we wanted to offer our 2 cents on an upcoming option: the Costco Anywhere Visa Card by Citi.

While current Costco Amex cardholders will receive their new card by mail – and without a hard inquiry – for use on June 20th of this year, those in the market for a credit card should check out the rewards that this card offers and consider whether it makes sense for them.

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