With the last long weekend of the summer passing by, we hope that you were able to get outside and enjoy some sunshine and relaxation with family and friends!
Market Update: The income is back in Fixed income.
Sharply rising interest rates in recent years have boosted bond yields, shifting the investment calculus for portfolios that combine equity and fixed income holdings. With yields approaching or exceeding the return targets in many financial plans, we think fixed income should play a bigger role in balanced portfolios. Global Portfolio Advisory Committee of RBC Wealth Management provides their perspective on market in this 15 min read: The income is back in Fixed income.
Back to School!
With back to school just around the corner we thought this article on raising money smart kids was timely. Being money-smart is important at any age. But how do you integrate financial literacy into a kid's everyday life? These tips can help you to ensure your kids get the financial education they need. Link to this piece Raising Money Smart Kids: Practical Tips for Parents (rbcroyalbank.com) to learn valuable tips on how to help equip your kids with all the skills they need to be successful financially.
In team news, we wanted to pass on our congratulations to Davis as he and his wife, Lauren, welcomed their beautiful daughter, Isla, into the world. Mom and baby are both doing well healthy and happy! Davis will be enjoying some time with his family and will return the end of September.