South Carolina Business Review

Time to add energy and metals to portfolios?

By Mike Switzer

Published October 31, 2023 at 6:30 AM EDT

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Rising interest rates and more global conflict continue to put pressure on financial markets so we thought now might be a good time to check in with one of our resident investment analysts to get his take on the current situation. Mike Switzer interviews Tyson Halsey, a chartered financial analyst with Income Growth Advisors in Daniel Island, SC.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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