Attention investors: In case you haven't noticed, government bond prices in the U.S. and around the world have been falling over the past few months. Could this be the sign everyone has been waiting for that interest rates are finally going to start rising? Mike Switzer interviews Doug English, a certified financial planner with ACT Advisors with offices in Greenville and Charleston.
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.