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Evaluating Stock Market Returns

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Most investment professionals will tell you that their clients spend too much time focusing on near term results and ignore the longer term averages.  Why is that so important and how does that relate to the risk levels currently in the stock market?

Mike Switzer interviews Joe Giltner, a chartered financial analyst with CCM Investment Advisors in Columbia, SC and a member of the SC Chapter of the CFA Society.

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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.