Today, Josh & Austin are talking about the streaming wars! Streaming services are more powerful and prevalent than ever before, so today is dedicated to discussing who the major players are, the business side, the consumer side, how you can invest in this industry, and more! So buckle up and glue your ears to this episode so you can find out what to glue your eyes on later!
Main Talking Points
Who Are the Major Players in the Streaming Wars? [2:17]
Josh & Austin’s Favorite Platforms [8:39]
Your Dad Joke of the Week! [11:22]
The Business Side of the Streaming Wars [12:08]
The Consumer Side of the Streaming Wars [15:55]
Sports Subscriptions & How They’ve Changed with Streaming [19:04]
The Other Big Winner from the Streaming Wars: ISPs [21:19]
How Can You Invest in the Streaming Industry? [23:00]
Stay on Track with Our Free Guide! [24:50]
Links & Resources
Bloomberg Businessweek article from 1/13/20 titled, “Cable Lost – But Streamers Aren’t Celebrating Yet”, by Shira Ovide
Cutting the cord: As prices go up, here’s how you can still save money streaming (USA Today)
Social Media
Full Transcript
Intro:
Welcome to the Invested Dads podcast, simplifying financial topics so that you can take action and make your financial situation better. Helping you to understand the current world of financial planning and investments, here are your hosts, Josh Robb and Austin Wilson.
Austin Wilson:
Hey Josh, are you excited to record another episode for these amazing listeners we have?
Josh Robb:
I’m ready to go.
Austin Wilson:
I mean, I tell you what, we’ve been getting it done and people are receiving them well. So we’re excited to push some more content out today. How about that?
Josh Robb:
I got my notes, I got my dad joke, got everything ready to go, and my drink.
Austin Wilson:
You’re drinking that ice tea with mango?
Josh Robb:
Your poison, your poison.
Austin Wilson:
So Josh is trying to poison me. For anyone who cares, I am allergic to mango.
All right. Hey, hey, hey, welcome back to the Invested Dads podcast. Thanks for being here today. We are excited to bring you a special episode where we are going to discuss a fairly particularly popular… Wow, that is a mouthful, particularly popular, P-P, is a particularly popular investment topic, that being SVOD.
Josh Robb:
SVOD, that’s the Russian version of grass you roll out on your yard when you’re trying to fill in an empty place.
Austin Wilson:
Yeah, how about not. Josh, that would be called Sod. SVOD. SVOD stands for streaming video on demand. But because that’s a mouthful, and I wish I had the ability to have the Russian accent, I’m not Russian, I wish.
Russian fans, you guys teach me sometime. We’re going to call this episode Streaming Wars.
Josh Robb:
So stream wars, that’s like when I compare the Mississippi to the Nile River or the Amazon, right? Who’s better?
Austin Wilson:
Josh, you’re 0-2. But if that was the case, I would take the Nile and win. But we’re going to say streaming wars, not stream wars. We’re not fighting with streams. So this is a war because the population only has so many waking and so many watching hours to give these services. And they’re really fighting for eyeballs. And yes, I realized that that sounds gross after it came out of my mouth.
Josh Robb:
Yep. And fighting for eyeballs because there’s commercials, there’s ad revenue and there’s a reoccurring subscription fee. So the more people that subscribe and tune in, the more views you get, the more money you get.
[2:17] – Who Are the Major Players in the Streaming Wars?
Austin Wilson:
Exactly. And we will have more on the business case here in a little bit. So I guess the major players are number one, obviously Netflix. I don’t think anyone would dispute that they’re the undisputed streaming king. It is amazing to see that this company has come from a mail-to-your-house DVD rental company all the way to where it is today, with 61 million U.S. subscribers as of the third quarter, 2019. And 158 million global subscribers around that same time. Those numbers were provided by Statista and the link is in the show notes.
Josh Robb:
And you know, thinking back to that DVD rental, I don’t know if you did it. I remember that. You’d mail them in, get two, send one back when you’re done and get a new one.
Austin Wilson:
We had it.
Josh Robb:
You have your little queue list of things when you sent it back for.
Austin Wilson:
Exactly.
Josh Robb:
But I also remember reading about how they went and met with Blockbuster back when Blockbuster was huge about maybe being bought out and becoming part of Blockbuster. And it turned out-
Austin Wilson:
Yeah. Blockbuster is gone and Netflix is enormous. Next up is Amazon Prime Video included with an Amazon prime membership or available separately, I think it’s like $9 a month. And they’ve put some original content out there. I think it’s like Jack Ryan’s one of their big ones.
Josh Robb:
Yep.
Austin Wilson:
The Marvelous Mrs. Maisel’s one of them. And this seems … It’s good content. It’s well put together. And they’ve also got a host of other TV shows and movies and things on there that you can watch through there. The next up is one of them that’s relatively new to the game as of the end of 2019 and that being Disney+. So Disney+ launched with a relatively full vault of Disney movies, Marvel movies, Star Wars movies, Pixar movies, classic Disney movies including Aladdin, which is my favorite Disney movie. TV shows, Disney Channel TV shows, Disney channel, original movies from the 90s when we were kids and it was awesome.
National geographic because when they acquired some of those assets from the 21st Century Fox acquisition, they got to use those too. And there’s new originals like Star Wars Mandalorian, which I believe is the most streamed series ever, statistically speaking, even more than Game of Thrones.
Josh Robb:
Wow. And it’s a good show. I like it. I’ve watched a couple with my oldest son. You mentioned Aladdin. Did you like the new remake?
Austin Wilson:
I did. Did you?
Josh Robb:
Yeah. I did. I thought it was really good.
Austin Wilson:
I thought Will Smith did a really good job as the genie.
Josh Robb:
At the beginning, I thought, man, he’s just trying to be using the same stuff. And then he kind of had his own and I liked it. It was good.
Austin Wilson:
Yeah. Yeah. It was a really good movie and I was really pleased with it. And yeah, I think that Disney’s crushing it with these live remakes. Although, the business case of it makes me even more excited, because they’re like “Oh, we already-”
Josh Robb:
You got a bunch of options.
Austin Wilson:
Yeah. “We already own and made all of this content and it’s clearly very popular. So let’s just remake it and launch it again.” So from a business standpoint, it’s really, really smart. Disney+ had about 10 million subscribers in the first 24 hours and 15 million over the first week or so I believe, don’t quote me on those numbers, but I think they’re pretty directionally sound. That’s a lot and fast.
Josh Robb:
Verizon, obviously, did their deal where they gave that subscription away.
Austin Wilson:
Right.
Josh Robb:
So that’s probably built into that number?
Austin Wilson:
I would assume they did. I don’t think they’ve really split that out. But that’s still a lot of people, that’s a lot of eyeballs.
Josh Robb:
That’s a lot of people listening and watching. Yep.
Austin Wilson:
Hulu, speaking of Disney. Disney owns 75%, I think, of Hulu and controls it wholly so they can do whatever they want with it. The addition of live TV and some original content like the Handmaid’s Tale helps subscribers and now you can bundle Hulu with Disney+, I think and ESPN+ as well. And kind of get a whole package like Disney owned, Disney branded package, which is pretty cool and could be a good value for some people who want to watch all three of those things.
Also, there is HBO Max, which is AT&T’s new baby. It has new content that they’re pushing out, movies and stuff like that. Game of Thrones I think should still be on there. It’s the same price as the old HBO, which I just recently found stood for Home Box Office. A lot of people probably knew that, but I’m a little slow to the game, so HBO equals Home Box Office.
Apple TV+ is next. And they have a few originals and they’ve kind of been, it’s been tough for them to get the traction coming out of the gate. They have a lot of big names. They have really big budgets. It’s not an expensive service and it’s actually free with an Apple purchase device. Probably with some of the larger ones. But if anyone could buy their way into the streaming game, it would definitely be Apple because they’ve just got cash, on cash, on cash.
Josh Robb:
Yeah. But the mindset’s got to change from when someone thinks streaming, like you said, Netflix comes to mind.
Austin Wilson:
Right.
Josh Robb:
Because they’ve been doing that for a while. They’d say, “Oh, I wonder what Apple’s doing, you know?” They got to get that brand recognition in there from their Apple TV to get that, okay, we have content. Not just can you get your shows, but we have our own content.
Austin Wilson:
Yeah. And there were opportunities five years ago, probably before Netflix got to where it is, where Apple could have realistically looked at purchasing Netflix. Very realistically. Even now, I’m sure they have the cash to support some serious thoughts towards that.
Josh Robb:
Yeah.
Austin Wilson:
And I know that they actually, I think it was when Steve Jobs was still there, they were in discussion with Disney about a merger.
Josh Robb:
Wow.
Austin Wilson:
Now, that was a long time ago and it never happened. But wow, can you imagine that creative collaboration that could have happened there?
Josh Robb:
I think the big holdup was Snow White. She had a thing with Apple and didn’t really want to go all in. She had a bad experience in the past.
Austin Wilson:
Yeah. Yeah, once you get burnt by an Apple, it’s hard to think about doing things any differently.
Also, Sling is one of the first cord-cutter options and it was really limited by area for certain sports packages and channels. That’s kind of a downside, but for people looking for kind of a cable alternative to be able to stream, that definitely is and was kind of a good option to be able to do that.
YouTube’s also huge. Premium has original content if you have YouTube Premium. And the ad supported YouTube is just unbelievably large with content creators from all over the world putting billions of hours of videos on there. And YouTube is the number two search engine in the world, which is followed, or it follows only Google itself, which is its parent company. So Google kind of has the internet cornered in terms of search.
Josh Robb:
You need stop talking, my phone keeps waking up every time you say the word Google, so.
Austin Wilson:
Yeah, this is why I don’t have an Android powered device.
[8:39] – Josh & Austin’s Favorite Platforms
Josh Robb:
Those are some of the big names in there. Let’s get a quick survey. Austin, what platforms do you subscribe to?
Austin Wilson:
None. I’m turning Amish. No, actually not.
Josh Robb:
All right, so moving on.
Austin Wilson:
No, I’ve got quite a few. And one of the things we’ll talk about in a little bit is kind of how those things can add up. But I have a Netflix subscription, which I would say consumes 95% of my family’s streaming, which we love. Even my daughter, she watches the stuff on the kids side of things. We also have Amazon Prime Video, which is really just included as part of my Prime subscription.
And I don’t think I would probably purchase it by itself, but I do like some of the shows on there. And it’s kind of handy once in a while just to give yourself some variety and an option. And I’m already paying for it, so I might as well use it. I also have YouTube Premium, which I have a free trial of, but I love the ad free version of YouTube. It is so awesome. I don’t think I will continue this subscription afterwards. But wow, once you go ad free, it’s kind of hard to watch YouTube normally.
We also have Disney+, which we actually have free through Verizon. But we no longer have Verizon and they haven’t kicked us out yet. So if you’re listening, Verizon, stop right now. And then I’ve got some motor sports video subscriptions for like Formula One and MotoGP and Supercross, which you pretty much have to purchase individually to watch the entire seasons. What about you, Josh?
Josh Robb:
Yep, for me it’s kind of like what Austin said, we do have Amazon Prime and Netflix, as well. And for my kids, Netflix has some good kid content. There’s Little Baby Bum, which is nursery rhymes that are animated.
Austin Wilson:
Little Baby Bum.
Josh Robb:
Which are addicting for kids and stick in the parent’s heads. And so my wife and I find ourselves, oftentimes, humming nursery rhymes now because it’s just relentlessly in your head nonstop.
Austin Wilson:
I know there’s a rap about peer pressure on that show because my daughter likes that show too. That once you hear it, you will never succumb to peer pressure again.
Josh Robb:
It’s there. Yep. And then we have Disney+, which we enjoy. In fact, when I left work this morning, my daughter had just asked to have Tangled turned on, which is the Rapunzel movie.
Austin Wilson:
I still haven’t seen that.
Josh Robb:
And so, yeah. The movie Tangled, it’s good. It’s got, I think Mandy Moore’s the voice of the main character.
Austin Wilson:
Gotcha.
Josh Robb:
So it’s good. And so they were watching that. And with Disney, they can kind of be searching around on their own. You don’t really worry too much about what they’re going to find on Disney+.
Austin Wilson:
True.
Josh Robb:
And then linked in the show notes below is a tear emoji because my main streaming service is discontinued. PlayStation Vue is what I was using. And at the end of last year they noted that they were canceling the streaming service, Playstation by Sony, and they decided to focus back on their gaming platform instead of venturing into the streaming.
[11:22] – Your Dad Joke of the Week!
Austin Wilson:
And here, we take a break to provide you the dad joke of the week.
Josh Robb:
All right, Austin. What’s the difference between a poorly dressed man on a tricycle and a well-dressed man on a bicycle?
Austin Wilson:
I don’t know this one.
Josh Robb:
You ready?
Austin Wilson:
I’m ready, Josh.
Josh Robb:
Attire.
Austin Wilson:
Okay. I had to think about that one.
Josh Robb:
Attire.
Austin Wilson:
Attire.
Josh Robb:
Like one tire, because there’s bicycle, tricycle. And attire because one’s well dressed, one’s not so well dressed. So it’s A-T-T-I-R-E. Attire.
Austin Wilson:
It is funnier when you explain it.
Josh Robb:
Ah, so that’s the dad joke of the week.
Interlude:
And we’re back with The Invested Dads.
[12:08] – The Business Side of the Streaming Wars
Austin Wilson:
Yeah. So there’s two ways to look at subscription services and specifically when it relates to video streaming. The first is from the business-case side of things and the second is from the consumer-case side of things. So first and foremost, the business-case side of things is built around the thought of recurring revenue. Recurring revenue being revenue that’s recurring every year or every month, kind of on a cadence. It just comes automatically. And that’s kind of how it’s billed and how it’s generated.
And the bulk-case around streaming services and investing in streaming services is really the potential ability for these companies to raise prices over time. That’s really what would help them just continue to grow that top line over time. The reality is that most, if not all, video streaming providers are spending significantly more money making content than they are recouping through their fees and their subscription costs.
A recent Bloomberg Business Week article and that was on January 13th, 2020 titled Cable Lost, but Streamers Aren’t Celebrating Yet. That article states that Netflix has borrowed $13 billion to create content as the cash it uses from subscriptions exceeds the cash at generates. So in my opinion, and remember, nothing we’re talking about in here is a recommendation or anything. But in my opinion, this is one of the things that makes Netflix a bit unstable and one of the reasons I’m not necessarily as excited about the company as an investment from a fundamental perspective, despite the subscriber dominance that really no one can argue with.
Also, Disney says, “Hulu won’t turn a profit until 2023 or later.” AT&T says, “HBO Max won’t be profitable until 2024.” And other providers are likely in the red for these services to.
Josh Robb:
And now, that’s not unusual for new technology or something to come in that, you know, early into the game it’s hard to turn the profit. But the question is, now that you’re seeing a lot more people buy into this concept, at what point do they have to turn a profit so that as an investor you’re saying, “You know what, long-term I can see this lasting?” Yeah, that’s kind of where we’re landing.
Austin Wilson:
Yeah. It’s kind of like the thesis on Lyft and Uber where they’re losing massive amounts of money and investors aren’t really going to get too excited until they have at least a profitability in sight. Not necessarily that they’re there yet, but they have a plan to get to profitability. And for a lot of these, like Josh is saying, these companies are getting things going. There’s a lot of spending going on. Really the philosophy of you got to pay if you want to play is very much in place here.
And it is insane the amount of money that these companies have to go. And already, it’s getting pretty crowded, the competition. There’s a ton of competition out there and it’s not making it easier to get in. It’s actually making it harder. So companies need to spend more. So it’s kind of like a catch 22.
Josh Robb:
Yeah. And obviously the delay in-between coming up with the idea, the production and then releasing it. Trends can switch, the idea of what’s popular right now. And so you could spend all this money on a series or a season or a show, and then all of a sudden, well that’s been overdone, no one cares anymore. And then now you’re stuck with all this money spent and it’s all on you.
Austin Wilson:
Yeah. Another cool business aspect is that when you’re going direct to the consumer with these kinds of services, you eliminate the middleman or the distributor in this case for content. Then the control of the content from creation to consumer and in theory, you can attain your maximum profits if you do business this way. But the risk is that …
This also works the other way. The failure can rest solely on these companies if things do not go as well as they should. A company can’t really go back and blame a distributor. There’s going to be a lot of risk there, which is why volatility is probably going to happen. You’ve already seen this with Netflix over the years, subscriber numbers and stuff like that swings the stock price very, very sharply. And that’s going to go ahead and continue.
[15:55] – The Consumer Side of the Streaming Wars
Austin Wilson:
Next up, there’s the consumer-case, so really looking at what is good or bad and how that affects consumers. The benefit is that they have the ability now to pick and choose services. They have flexibility. They don’t need to be locked into a cable package which has 500 channels and they’re going to use three. They can choose what they want to purchase. So in theory, things can be a little bit less expensive, but do you really save money?
I mean, if you have all these different services and you’re paying for all of them, you may not end up saving money versus a traditional cable package. So if cable is 75 or $100 a month for a total package, especially if you have one of these live services. But if you have five or six of these different services, you could be paying more than you had in your cable package anyway. So that is crazy. But the benefit of some of these live streaming options, so like YouTube TV, Hulu Live, Josh’s old PlayStation Vue.
Josh Robb:
Stop bringing it up.
Austin Wilson:
The benefit is that you’re typically not locked into a contract. So if you want to get them for like a sports season or something, that’s a very realistic thing to do. So if you’re a big football fan, you can have it from September through January or whatever, through the beginning of February for your Superbowl. And then you can get rid of it until football starts up again. So that’s a flexible option that sometimes you don’t have when you have traditional cable, you might be locked into a contract for a year or two years or whatever that might be.
Josh Robb:
And also with that too, with being able to pick and choose, like you said, your cable subscription back in the day was just their choice. Here’s your package. And they say, “Oh, look, there’s 270 choices.” “Yeah, but I don’t like those 270 channels.” Whereas when you’re picking and choosing, you’re more selective and have that ability. So the plus side is, you may pay a little more, but you’re watching more content you care about. So from the consumer side, that’s the benefit.
Austin Wilson:
Yeah, absolutely. You’re controlling it you’re getting what you want. There’s a great USA Today article about this very topic about having a bunch of different streaming services and all of that and we’ll throw that link in the show notes. It’s a good read. I would definitely say take a read on that. Also, I just want to note, I know and I’ve done this myself, it’s very, very easy to sign up for free trials of these services and to forget to cancel them when the trial ends.
So pro tip, set a calendar reminder for when that free trial ends to go cancel that so you don’t get charged. Because if you leave those unchecked and continue to use them and not really worry about it, those subscriptions you’re not even using, can really add up. And you might not even realize it if you’re not looking very closely on your statements.
Josh Robb:
Yep, and also, I know I’ve done this in pasts is if I’m calling to sign up for a free trial and calling, I’ll ask, on the phone with them say, “Can you please cancel it on this date?” And so then I take care of it on that day and do it on one.
Austin Wilson:
Exactly. So some people actually have like a totally separate credit card to keep track of these subscriptions. So they’re just like anything they have a subscription for, all their Netflix’s and their Disney+’s or whatever. They would just keep on a separate credit card and they can know exactly what’s on there and if anything funky that they weren’t planning on is on there, it kind of stands out really quickly.
So that’ll just be some personal finance tips which may help you kind of plan for that.
[19:04] – Sports Subscriptions & How They’ve Changed with Streaming
Josh Robb:
And you know, speaking of subscriptions, the other one we’ve kind of touched on but haven’t gone into too much detail on is sports subscriptions. And so, for a big fan of sports, they’re now offering more individualized subscriptions to a league, a sport, a team even, or a race depending on what a sport you’re looking at. And these can add up quick. But the benefit there is if you’re adamant that, “I love football, I love the NFL, but my team is over on the West coast and I’m here on the East coast and I only get to see it on Monday nights if they play. So maybe twice a year or something.” Then you look at it and say, “Okay, I would love to watch my team.”
Well it’s out there for you and you have to pay for it. But they’re giving you the ability. And they found more and more people are fans of, not the local team but a team either they grew up with or whatever drew their appeal to. So now there’s more demand for not just watching the team that’s closest to you but the team that you care most about.
Austin Wilson:
And I would say that there’s loyalty like you’re kind of talking about there to your team or to your sport and the companies know that.
Josh Robb:
Oh, yeah.
Austin Wilson:
And the companies are able then to pretty much charge whatever they want, knowing that those people are loyal to their team or they’re loyal to their sport.
Josh Robb:
Yep.
Austin Wilson:
And some of those subscriptions can be very, very pricey. I know that I like watching racing. And when you watch racing… So like Formula One, MotoGP, Supercross, those are three of the ones I subscribe to and watch specifically. I have to get three different subscriptions and they are not cheap. But that allows me to watch every single race all year and I cannot watch it any other way.
Josh Robb:
Yeah. That’s the other thing.
Austin Wilson:
They’ve got me.
Josh Robb:
Yeah. Around here, the F1, the Formula One is more European. I mean the U.S., some people like it, but it’s not as popular. So for you, I mean there’s not really a TV channel to watch that on.
Austin Wilson:
Yeah.
Josh Robb:
So you have to subscribe to.
Austin Wilson:
They’ve got me locked in and they know that I’ll pay whatever the price is.
Josh Robb:
Yep. And yeah. So it’s there and that’s probably one of the earliest ones when it came to your own subscription was sports. Because the NFL had their own or what do they call that? The ticket?
Austin Wilson:
The NFL Sunday Ticket.
Josh Robb:
Yeah, Sunday Ticket. Yep.
Austin Wilson:
Yeah.
Josh Robb:
So those were the ideas of trying it out and saying, “Hey, there are people that’ll pay for this.” And then that’s kind of built from there.
[21:19] – The Other Big Winner from the Streaming Wars: ISPs
Austin Wilson:
So Josh, who is someone who’s particularly excited as a business about you being a streamer?
Josh Robb:
Yeah. The people who are just licking their lips about this is the internet company and that’s … For them, all they can see is that’s more data you’re streaming. If you’re getting rid of your cable and everything’s coming through the internet, guess who controls that bandwidth and that internet? Their internet company is excited to watch that. Now, depending on where you’re at and what you subscribe to, some have an unlimited package, but some you have to pay per gig.
Austin Wilson:
Mm-hmm.
Josh Robb:
And so they’re just watching those numbers roll up as you have to have more and more stream through the internet.
Austin Wilson:
And I think that the internet companies are like, “Wow, we know that streaming takes a lot of data. It takes a lot of speed to be able to run all these devices at one time.” Which is kind of the way we’re at right now. And they’re like, “Well, people are going to pay up to have no delay, no lag, no load time.” So they’re making money on people upgrading to faster packages and all that stuff too.
Josh Robb:
Yep.
Austin Wilson:
So it is a lucrative business.
Josh Robb:
And the plus side for the average consumer too, is it also enables them to justify expansion. And so talking about like fiber optics and the different things. They can now get a wider net of that and then say we’re going to recoup our costs. And so, in the more rural areas where maybe you only have some sort of satellite connection, now they’re running the wires out that direction because they think in the long run we’re going to make that back up.
Austin Wilson:
I hope they do. My parents live not that far from a town. And the internet situation is pretty remote out there. So maybe all of these streaming services are going to make these companies kind of force themselves to provide the internet to these people all around the country in rural areas, as well. So let’s hope.
[23:00] – How Can You Invest in the Streaming Industry?
Austin Wilson:
So how can you invest in this trend is kind of a theme that I’d like to discuss a little bit. And I did want to start with saying that listeners should always discuss these types of investments and how they fit into their overall portfolio picture with their advisor and take their advisors advice on this. This is not advice that we’re providing here, but these are just ways that you can get some exposure to streaming. And this growth trend that we’re seeing in the market right now.
And so some of those would be maybe companies where streaming as a part of their business or like an add-on. So those would be companies like Apple, where their main business is really selling phones or whatever. But you can get exposure to streaming because they’re having a small portion of their business that’s being devoted to that. Or Google, where search and the internet kind of in total is kind of main business, but they have YouTube and they have things that you can get exposure to streaming there.
Or AT&T with HBO Max or Amazon with their prime video. Or Disney where they pretty much own all media, pretty much that you think about. Disney controls a ton of that. But Disney+ is really only a smaller portion of their business right now. It’s going to grow with the theory with all of these companies. But it’s not their entire business.
Or you can go the other side of the coin where streaming is the primary source of revenue for companies like Netflix, obviously. Or you can go with companies that provide your internet, like Josh has talked about. Whether that be AT&T or Verizon. Verizon has home internet, they have mobile internet. Both those companies really do. Charter Communications, which is like Spectrum if you have Spectrum.
And like I said, wireless companies with the Disney and Verizon are one ways to do that. Like Josh mentioned earlier, Disney had the deal to distribute Disney+ for free really, for their unlimited Verizon subscribers. So there’s definitely ways to invest and those are a couple of names that just kind of come to mind in this area.
[24:50] – Stay on Track with Our Free Guide!
Josh Robb:
All right, so thanks for listening to us. If you want to check out our website, we got a free gift for you. It’s on there. It’s a brief list of Eight Principles of Timeless Investing. They’re just eight overarching investment themes meant to keep you on track. Our website is TheInvestedDads.com. So check that out. It’s free.
Austin Wilson:
Yeah, and to help us grow this podcast and continue to help lots of listeners with their finances, we need your help. So we would really like to create some buzz through Apple Podcast and one way we can do that is if you would subscribe and listen. So thank you for doing that. But also if you’d leave us a review, we’d really appreciate it if we helped you out today. And don’t forget that if you have any content ideas, any podcast topics that you would like us to discuss in future episodes, you can email those to us at hello at TheInvestedDads.com.
Josh Robb:
Yep. In case you missed it, check out our most recent episode where we talked about saving for college.
Austin Wilson:
Well, thanks for being here today. We’re excited to have you with us and look forward to you listening next time. Thanks, bye.
Josh Robb:
Talk to you later.
Outro:
Thank you for listening to the Invested Dads Podcast. This episode has ended, but your journey towards a better financial future doesn’t have to. Head over to TheInvestedDads.com to access all the links and resources mentioned in today’s show. If you enjoyed this episode and we had a positive impact on your life, leave us a review. Click subscribe and don’t miss the next episode.
Josh Robb and Austin Wilson work for Hixon Zuercher Capital Management. All opinions expressed by Josh, Austin, or any podcast guests are solely their own opinions, and do not reflect the opinions of Hixon Zuercher Capital Management. This podcast is for informational purposes only and should not be relied upon for investment decisions. Clients of Hixon Zuercher Capital Management may maintain positions in the securities discussed in this podcast.
There is no guarantee that the statements, opinions, or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index, would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.
