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Is the Stock Market Really More Volatile Than It Used to Be?

South Carolina Business Review logo

  Our next guest says that people often ask him why investing in the stock market seems more and more like a never-ending roller coaster ride.  Is the market really more volatile than it was ten years ago?  And if so, why?

Mike Switzer interviews Wes Johnson, a certified financial planner with ACT Advisors in North Charleston, SC. 

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.