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Tech Stocks and Your Portfolio

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Investors in technology stocks have been pretty happy since the pandemic broke out as these companies’ revenues have been, for the most part, not only COVID-proof but COVID beneficiaries.  Is this proof that tech stocks should be a permanent part of your portfolio?

Mike Switzer interviews Paul Meeks, a chartered financial analyst and portfolio manager with Independent Solutions Wealth Management in Charleston, SC, and a member of the SC 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.