Money Matters with Ken Moraif

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Ken Moraif Quoted on WSJ

Posted on . Category | Press and News

“I think we’ve seen the gains for the year already,” said Ken Moraif, senior adviser at Money Matters, a wealth management and investment firm, in a phone interview today.

“We’re not going to get a lot of new data to drive the market in the next month and half.”

But he added the holiday shopping season will provide some economic data, and there also could be some year-end profit taking.

Overall, though, he’s suggesting that investors stay the course, and Moraif said he’s bullish on 2014. “I think this is just time to hold and wait into next year,” he said.

All expressions of opinion reflect the judgment of the author as of the date of publication and are subject to change. Information presented does not involve the rendering of personalized investment advice. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client's investment portfolio. All investment strategies have the potential for profit or loss.