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Is crypto a legitimate investment?

SC Business Review
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Provided
Mike Switzer, host of the SC Business Review

A lot has happened in the cryptocurrency market over the past several months so we thought it might be a good time to check in with our resident crypto expert to get his thoughts. Mike Switzer interviews Allen Gillespie, chief investment officer at FinTrust Capital Advisors in Greenville, S.C.

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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.