Even as the assets under management for Robo Advisors has experienced a steady upward trend, there has not yet been a single, trusted source for investors to compare characteristics, activity, and, yes, even performance for these digital platforms – until now. Continue reading “Condor Capital Discusses Robo Advisors in The Wall Street Journal”
If you’ve picked up on the news stories regarding mergers and acquisitions this month, you’re on to something – whether it’s AT&T’s bid for Time Warner or today’s announcement of GE seeking to combine its oil and gas business with Baker Hughes. While the number of deals may not be at record highs, the value of the deals certainly are.
As the leaves begin to change and the weather begins to cool, the year’s spookiest holiday approaches. Halloween is a time of fun and frights, as well as a unique combination of business and make-believe. For example, did you know that the U.S. produces 1.5 billion pounds of pumpkins each year? Or that the most popular pet costumes are Bumble Bees, Hot Dogs, and Pumpkins? Check out this infographic from WalletHub for some more statistics on the business- and fun- surrounding the Halloween season.
Americans insure their health, their homes, their cars, and their lives, so why not their vacations? A study conducted by Princeton Survey Research Associates found that only 21% of respondents had ever purchased some type of travel insurance and only 7% said they purchase it regularly. Considering the wide array of product offerings and coverage options, this relatively unknown and underutilized market segment may be more useful than it appears.
As the presidential election approaches, more and more articles are appearing with titles such as “Here’s How to Hedge Your Portfolio against a Trump Victory” and “How to Invest if Hillary Clinton Wins the Election.” Yet even in light of the unprecedented polarization surrounding this election cycle, prudent long-term investors should pay these theories no mind. Continue reading “How the Election Will (Not) Impact Your Portfolio”
Looking to make a quick withdrawal from the ATM down the street? Well, if it isn’t owned by your bank, you’ll be paying more than ever. According to a Bankrate analysis, average out-of-network ATM withdrawal fees have risen to an all-time high of $4.57 per transaction.
Condor has sent out its 2016 3rd Quarter Newsletter!
- Understanding The Net Investment Income Tax
- Finding and Claiming Forgotten Funds
- Should I Pay Off My Student Loans Early or Contribute to my Workplace 401(k)?
- Have You Heard About the Newest Employee Perk?
You can read our online copy by clicking here.
Politicians from both sides of the aisle in Trenton have finally reached an agreement to replenish the Transportation Trust Fund after many delays. While all residents of the Garden State won’t be impacted the same, the implications will be far-reaching nonetheless. The new deal confirms a 23-cent hike in the gasoline tax, which on top of the current 14.5 cent/gallon tax – brings this tax to 37.5 cents per gallon, up to the seventh-highest in our country.
If you feel that you have been making less use of cash lately, you are not the only one. 2016 may finally be the year that cash loses its title as king, forfeiting that top position to credit and debit cards instead. Based on research recently conducted by Euromonitor International, a market research company, consumers around the globe are expected to spend nearly $23.1 trillion on goods and services through alternative means, eclipsing the $22.6 trillion forecast for cash transactions.
The traditional certificate of deposit, otherwise known as the CD, has long been a popular instrument for savers to consider. Simply put, these products generally offer higher interest rates when compared to traditional savings accounts in exchange for a commitment of those funds by savers for a predetermined period of time. That said, Wall Street had taken to morph this basic CD into something that can yield, ahem, far different results. Why, then, has there been an uptick in interest over the last several years? Simple: investors have been starved for yield amid a record low interest rate environment!