MONECO's Weekly Wealth of Knowledge - Week of 6/14/21

When one leaves an employer and moves on to the next, which today is happening more frequently than ever, many forget to do one very important task, address old 401Ks. According to Business Wire, there are an estimated 24.3 million forgotten 401K accounts in the U.S., with an average balance of $55,000, representing $1.35 trillion in total assets. Often these accounts are not being actively managed or monitored and could be incurring unnecessary fees, potentially impacting your retirement goals. MONECO Advisors is here to assist and can explain your options to help consolidate these balances, give us a call today.

Recently meme stocks have garnered a lot of attention, but there are risks that all who do should be aware of. In fact, CNBCs Jim Cramer feels they may be better suited being offered by casinos rather than available on Wall Street. 

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Now that summer is here across the country, many will find themselves outside and on the water. Boating continues to thrive as families and friends gather to enjoy the beauty of the water and partake in all the benefits it can offer including fishing, swimming, water-sports and more! But with these activities, does come some risk. Keeping with the theme of June being Safety month here at MONECO Advisors, we have included a list of ways to ensure you are staying safe on the water. No matter how much experience you have operating a vessel of any type, it is always a good idea to review best practices.