Is Not Investing Too Risky?

By Mike Switzer

Published January 17, 2017 at 5:35 AM EST

Everyone understands that investing also involves risk. The values fluctuate, there’s inflation risk, interest rate risk, etc. However, our next guest says that most investors have serious risk misperceptions.

Mike Switzer interviews Doug Buchan, a certified financial planner with Mainstreet Financial Solutions in Mt. Pleasant, SC.

Tags

Mike Switzer

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.

See stories by Mike Switzer