Condor Capital Management

Explore: What Happens to your Online Accounts When you Die?

Blog

What Happens to your Online Accounts When you Die?

Accounts

Technology is advancing at an increasingly rapid pace. The age of the internet has ushered in an unprecedented level of connectivity. In today’s modern world, people accrue vast amounts of digital assets, including digital files, such as photographs, videos, and documents, as well as digital accounts, such as social media, e-mail, websites, financial accounts, etc. As our digital footprint grows more valuable, it would be prudent to consider how these assets are handled after death.

Continue reading “What Happens to your Online Accounts When you Die?”

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?”

Foreign Investors Flock to U.S. Municipal Bonds

Bonds

Municipal bonds (or munis) issued by state and local governments have long been favored by tax-conscious American investors. These securities provide the unique benefit of tax-free income, allowing investors to shield a portion of their nest egg from federal and most state and local taxes and boost their so-called tax-equivalent yield. As a result, these bonds, which help fund approximately three quarters of America’s infrastructure projects, are particularly attractive to Americans in higher tax brackets. Continue reading “Foreign Investors Flock to U.S. Municipal Bonds”

The Growing Skills Gap and What to Do About it

The Growing Skills Gap

As the American economy enters its eighth year of post-recession growth, the unemployment rate continues to fall.  In fact, May’s reported unemployment rate of 4.3% is the lowest in sixteen years, marking just how far we’ve come since a high-point of 10.0% in October 2009.  Unfortunately, anecdotal evidence from workers and employers and a deeper dive into labor statistics indicate that, despite these improvements, structural issues remain.  While concerns such as underemployment and reduced participation in the labor force remain problematic, perhaps the biggest issue for American jobseekers and businesses today is a growing gap between the skills companies seek and the abilities of the workforce.  Known as the ‘skills gap,’ this asymmetry can have a damaging ripple effect that weighs on everything from individuals’ opportunities for employment to overall economic productivity.

Continue reading “The Growing Skills Gap and What to Do About it”

Condor Capital Management’s 2016/17 Ski Season Wrap-Up

Market Watch

Condor Capital Management’s 2016/17 Ski Season Wrap-Up: Ski Resorts Gear Up for a Multi-Pass Showdown

MARTINSVILLE, N.J., – (PR NEWSWIRE) – Although there are still some slopes to be conquered, many skiers and snowboarders can agree that the 2016/17 season turned out to be quite a success. According to Ken Schapiro of Condor Capital Management, resorts across the United States were able to benefit from a flurry of winter storms that arrived just in time for the holidays, translating to 30% and 4% increases of total skier visits from last season for the months of December and March, respectively. Overall, average resort snowfall increased 36% from last season. Accordingly, recent figures by the National Ski Areas Association (NSAA) showed that nationwide skier and snowboarder visits rose to 54.7 million, a 1.5% increase from 53.9 million during the 2015/16 season.

Continue reading “Condor Capital Management’s 2016/17 Ski Season Wrap-Up”