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How Should Investors Prepare for the New Year?

South Carolina Business Review logo

The election is over.  But is it?  We do know though, that the pandemic is not finished.  Should investors be thinking about portfolio readjustments before the end of the year regardless of these unknown timelines?

Mike Switzer interviews Doug English, a certified financial planner and resident stock market prognosticator for this program with ACT Advisors in 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.