© 2024 South Carolina Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Generating extra cash in your portfolio while waiting for stocks to buy

Ashton Lawrence
Courtesy photo
/
Provided
Ashton Lawrence

If you’ve got your eye on some stocks but want to wait to buy because you think the market may be heading a little lower, then our next guest has a portfolio strategy that will pay you while you wait. Mike Switzer interviews Ashton Lawrence with Mariner Wealth Advisors in Greenville, S.C.

Stay Connected
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.