Condor Capital Management

Explore: Don’t Delay: The Potential Benefits of Starting to Save Now

Don’t Delay: The Potential Benefits of Starting to Save Now

Save

For long-term investment goals such as retirement, time can be one of your biggest advantages. That’s because time allows your investment dollars to do some of the hard work for you through a mathematical principle known as compounding.

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What Is Cyber Insurance and Should Your Business Have It?

Cyber insurance

Does your company use electronic data? Does it store or communicate potentially sensitive information about customers, employees, or competitors? If so, then a breach of that data could cost your company plenty. Some well-known organizations have experienced data breaches, including WalMart, JP Morgan Chase, Yahoo, eBay, Target, the IRS, and, more recently, Equifax. Unfortunately, just about any size company or organization that retains personal information can be hit with a cyber attack. One way to transfer some of the risk and costs associated with a data breach or network security failure is through cyber insurance.

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How Do the Economic Milestones of Young Adults Today Compare with Prior Generations?

Young

If you’re the parent of a young adult who is still living at home, you might be wondering whether this situation is commonplace. According to a recent U.S. Census Bureau study, it is: One in three young people (ages 18 to 34) lived in their parents’ home in 2015.

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Why is My Portfolio Not Up as Much as the Market?

Equity

Every so often, a well-intentioned investor will ask the question, “why is my portfolio not up as much as the market?” When referring to “the market,” most investors are referring to the S&P 500 Index or a similar index that represents the stock market’s performance. Continue reading “Why is My Portfolio Not Up as Much as the Market?”

Protecting an Investment in Jewelry

Jewelry

High-net-worth individuals often underestimate the value of their jewelry collection. Often, people do not think of jewelry as an investment, but view the purchase through an emotional lens. As more pieces are accumulated, the value of the collection can be quite significant. As a collection grows in value, it is important to review how you are safeguarding this asset.

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Identity-Theft Insurance — Is It Worth It?

Theft

If you have paid attention to the news recently, chances are that you have seen at least one report that mentions a company’s data being breached by cyber hackers. While the possibility of a business being susceptible to such a threat is a serious concern, individuals should be equally wary of hackers aiming to steal their own identity. Continue reading “Identity-Theft Insurance — Is It Worth It?”

Leasing Versus Purchasing a Car — What to Do?

Car

Unless you live in an area flush with public transportation, chances are you will likely need to acquire a vehicle of your own multiple times throughout your life. Figuring out what car is the best-fit is never easy, as one must evaluate their financial situation, lifestyle, and well-being to ensure that the automobile will suit them for years to come. Continue reading “Leasing Versus Purchasing a Car — What to Do?”

Making Charitable Donations Directly From Your IRA

Charity

Donating to charity directly from your IRA can have multiple benefits if you are over the age of 70½ and required to make annual withdrawals, known as required minimum distributions (RMDs). These RMDs may end up forcing you to withdraw more than you wish, forcing you to liquidate and possibly increasing your tax burden. Continue reading “Making Charitable Donations Directly From Your IRA”