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Cutting through the investment noise

South Carolina Business Review
SC Public Radio

When you listen to the news today, there’s no shortage of things to worry about. Both domestically and abroad investors have much to process right now and a lot of it is conflicting. Economic growth is up and down. Job growth has stayed strong though. But both consumer and business confidence are down—until recently. And, of course, the generationally-high inflation rates have been reversing —until recently, when they started higher again. What’s an investor to make of all this? Mike Switzer interviews Rob DeHollander, a certified financial planner in Greenville, SC.

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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.