The Trust Company of Kansas

📈 Most major market indexes finished last week modestly higher, despite a late-week pullback. A stronger-than-expected August jobs report raised concerns, pushing Treasury yields higher. Energy and communication services led the market, while crude oil prices jumped amid continued tensions involving the U.S. and Iran.

Read our latest Weekly Market Update for a closer look at last week’s market performance, economic data, and key reports investors are watching this week: https://bit.ly/4y2djE9

The Trust Company of Kansas will be closed Monday, September 7th in observance of Labor Day. We will return to the office on Tuesday, September 8th.

“You have to fight to reach your dream. You have to sacrifice and work hard for it." — Lionel Messi

🎓 Saving for College: Where to Start

College can be a significant expense, but you don’t have to save the entire cost on your own. Starting early and contributing consistently can help make future education costs more manageable.

A few things to keep in mind:

• Start early. The more time you have to save, the more opportunity your savings may have to grow.
• Save what you can. Even smaller contributions can add up over time, especially when made consistently.
• Explore your options. 529 plans, Coverdell ESAs, custodial accounts, and other strategies may offer different benefits depending on your circumstances.
• Consider the bigger picture. Savings can work alongside scholarships, grants, financial aid, current income, and other resources to help cover college costs.

You don’t need a perfect plan to get started. Contact our team to discuss your college savings goals and explore strategies that may fit your financial plan.

The Trust Company of Kansas is proud to celebrate Chief Investment Officer, Tarzia Nabi, whose watercolor piece "Hunter or Prey", was selected for the National Watercolor Exhibition at Mark Arts!

The exhibition runs from October 2nd through December 12th, featuring watercolor artists and their work.

We’re proud to recognize the talents and accomplishments of our team members beyond the workplace.

Congratulations, Tarzia, on this well-deserved recognition!

📈 Stocks edged higher last week as strong AI earnings lifted technology shares, while persistent inflation, geopolitical uncertainty, and a more hawkish Federal Reserve kept gains in check. Communication services, financials, information technology, consumer discretionary, and materials led the market sectors.

With August now in the books, investors turn their attention to the latest employment data, following July’s unexpected payroll decline, while inflation and economic growth remain key areas of focus.

Read our latest Weekly Market Update for a closer look at the latest economic data and what investors are watching as September begins: https://bit.ly/3UKoNx2

Market volatility is a normal part of investing, but it doesn’t have to derail a long-term strategy. Diversification, staying focused on your goals, and making thoughtful decisions can help you navigate changing market conditions.

Swipe through for a few reminders to keep in mind when markets become unsettled.

530A Trump Accounts Are Here: What Families Should Know

A new tax-advantaged investment account designed to help children build long-term wealth is now officially available. The 530A account, also known as a Trump Account, offers families a new option for saving and investing a child's future.

Our article break down eligibility, contribution limits, investment rules, the $1,000 federal pilot contribution, and how 530A accounts compare with other savings options such as 529 plans and custodial accounts.

Read the full article to learn more about what families should consider before opening an account: https://bit.ly/45BUY4a

📉 Stocks pulled back last week as rising Treasury yields, higher oil prices, and weakness in technology and mega-cap shares weighed on the major indexes. Health care, materials, and energy were the only sectors to finish higher.

Read our latest Weekly Market Update for a closer look at last week’s market performance, economic data, and key reports investors are watching this week: https://bit.ly/3STsG26

Understanding your risk tolerance is an important part of building an investment strategy. Your comfort with market volatility, time horizon, and financial circumstances can all influence how much risk may be appropriate for your portfolio.

Swipe through to learn more about the factors to consider when evaluating your risk tolerance and building a strategy aligned with your financial goals.