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Year-End Investment Planning

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There are many signs that the economy is strong: second quarter GDP was revised upward to 4.2%, Walmart reported same store sales growth of 4.5%--its highest growth rate in ten years.  The unemployment rate is low and companies are having a hard time finding new, qualified workers.  What does this mean for your investment strategy as the year winds down?

Mike Switzer interviews Tyson Halsey, a chartered financial analyst and managing member at Income Growth Advisors in Charleston, SC.

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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.