133: Join Our 2022 2nd Half Stock Draft

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:

All right. Hey. Hey. Hey, welcome back to The Invested Dads Podcast, a podcast where we take you on a journey to better your financial future. I am Austin Wilson, research analyst at Hixon Zuercher Capital Management.

Josh Robb:

And I’m Josh Robb, Director of Financial Planning at Hixon Zuercher Capital Management. So, Austin today’s a big day.

Austin Wilson:

Big day.

Josh Robb:

Usually we tell people, subscribe, all that fun stuff.

Austin Wilson:

Which we are going to anyway.

Josh Robb:

But today what we want them to do is-

Austin Wilson:

Is not subscribe.

Josh Robb:

… It’s to already be subscribed.

Austin Wilson:

That’s right.

Josh Robb:

But to join us-

Austin Wilson:

Join us.

Josh Robb:

… In our 2022 2nd Half Stock Draft.

Austin Wilson:

Third annual.

Josh Robb:

Third annual. So, Austin, we’re going to say it at the beginning. We’ll say it at the end. Where do they go? What do they do?

 

[0:55] How To Join

Austin Wilson:

Okay. So first of all, all of our social media posts and our email will have a link to Investopedia Stock Simulator, which is where this will be hosted. If you don’t click on the link, you can still enter. What you will have to do is go to the ‘Games’ section in Investopedia stock simulator search the name ‘TID 2nd Half Stock Draft 22’, that’s the name, and we’re going to say this multiple times throughout the episode, but the password – this is a private group, private for all of you listening-

Josh Robb:

Secure password.

Austin Wilson:

Secure password with no capital letters, and no punctuation, but the password is donuts4life, which is d-o-n-u-t-s, 4 (number) –

Josh Robb:

The number four.

Austin Wilson:

… L-I-F-E, donuts4life. So, we will say this multiple times…

Josh Robb:

TID for The Invested Dads, TID 2nd Half Stock Draft.

Austin Wilson:

22.

Josh Robb:

Yep. 2, the number 2nd for second half (H-A-L-F) stock draft 22. So that’s where they’re going, there will be links, it’s so much easier to just click a link than trying to search for that, which will be available all over the place, our social media, all that. If you can’t find it, shoot us an email, we’ll just send it straight to you. So, we want them to join in.

Austin Wilson:

We want everyone to join in, the more the merrier.

Josh Robb:

We’ve done this in the past, if you want to know, you can go back and listen to our old episodes where we talk about our picks or just go to the end and listen to this December episode where we talk about the results. But every year we kind of tweak it a little bit.

Austin Wilson:

We’ve tweaked it a little bit.

Josh Robb:

So we’re going to mix it up a little bit this year. We’re going to talk about that, and then we’re going to go through our picks.

 

[2:30] – Game Rules

Austin Wilson:

We are, and we will put the caveat out that we are recording this a couple of weeks before the actual draft will go live, or the actual stock competition will go live. So, if our portfolios look slightly different, that is because something has happened within the two weeks or whatever between now and then. So, they might not be, they may look the same, but we’ll see.

So, here’s the kind of parameters we’re setting, here’s the game parameters. You have a hypothetical, not real unfortunately, hypothetical $100,000, to invest for six months, July 1 to 12/31, so the second half of the year, you’re going to be competing with Josh and myself, and other listeners. So that’s like highest level possible. You do have to make some limitations in what you can and can’t do in this game. So, no margin. You’re not trading on borrowed money here, no short selling-

Josh Robb:

It’s all borrowed money, so no more margin.

Austin Wilson:

It’s fake money, fake borrowed money, no fake borrowed money. No short-sellings, no not selling short, no options. Stocks mutual funds, ETFs, unit trusts, those sorts of things are fair game. Whatever will let you buy, so that’s another parameter here, you can join after the challenge officially starts on 7/1. But if at all possible, try and join on 7/1, that way you’re in it for the full, six-month time period there. You can join later if you’d like, but the market goes up during that time, there you go.

Josh Robb:

But if it drops horribly and then you want to get in, then hey awesome.

Austin Wilson:

Speaking of that, if you make bad mistakes, you cannot reset your portfolio completely, so therefore you’re stuck. There are no hypothetical trading costs, which is kind of real now, most places don’t have trading costs and this year we’ve adjusted it a little bit, last year we had trading allowed, the year before that we did not allow trading, it was buy and hold. This year, we are not allowing trading again. So we are saying this is a buy and hold six month challenge, you pick as many names as you want, there’s no name limitations, you can just have a max in a single holding initially of 10%.

Josh Robb:

So, I could put in 10% of my portfolio value to start. Now it could grow to be 50% of the portfolio, but I can’t, I just get one.

Austin Wilson:

Yes. So we also be trading on a one minute market delay, which is as tight as I could make it just so I, which is almost irrelevant. Because it’s six months, but that is where we are.

Josh Robb:

Here’s the question for you, and then just so it’s clear. So, let’s say I put in my name, and I get started on 7/1, let’s say I invest half of the money $50,000, can I come in later and invest more? Like the cash is available to be invested at any point in time between now and the end, I just can’t sell once I buy something…

Austin Wilson:

I believe that is correct. So that is where we are. Those are the parameters of the game. A hundred grand, traditional investment vehicles, buy and hold, six months, that’s where we’re at. So, before we get into the names, let’s go ahead and take a break, dad joke the week. Bring it.

 

[5:11] – Dad Joke of the Week

Josh Robb:

All right. Here we go.

Austin Wilson:

Oh, I’m ready.

Josh Robb:

So this is just kind of a little thought I had, right? So for my birthday, I had back in February, my mom, she got me a dictionary for my birthday. It was a really cheap dictionary though. I just can’t find the words to thank her because it’s a cheap dictionary.

Austin Wilson:

Cheap dictionary.

Josh Robb:

Yeah.

Austin Wilson:

That’s classic.

Josh Robb:

Yeah. I thought that.

Austin Wilson:

I’m going to get you a dictionary one time. That’d be a cheap one.

Josh Robb:

It would be a cheap.

Austin Wilson:

Don’t worry. It’s going to be like an app.

Josh Robb:

An app.

Austin Wilson:

I’ll send you an app.

Josh Robb:

Just one word on a paper.

Austin Wilson:

Free app.

Josh Robb:

Here’s your dictionary.

 

[5:54] – Josh & Austin’s Winning Portfolio Predictions

Austin Wilson:

Yeah, exactly. All right. So, we’re going to go through what we have selected to what we believe to be the second half winners. Winning portfolios, we can’t both win. So, one of us is going to lose at least.

Josh Robb:

We could tie.

Austin Wilson:

And one of you will probably beat us. So, Josh, I’ve got, I don’t know, 16-17 names.

Josh Robb:

Okay. I got less than that.

Austin Wilson:

So, I’ll go first. I also have assigned allocation waitings to this, I don’t think that is relevant. But I put these in alphabet order. My first ticker that I will be purchasing is the arch innovation ETF.

Josh Robb:

Oh, there you go. They’re down a little bit this year, right here.

Austin Wilson:

It’s been absolutely slaughtered, it’s down to $38.85 cents a share it’s down 59% year to date, and that’s because interest rates have been rising and the profitability requirements for the market have been increasing. People want profitable companies and a lot of these are very speculative. Well, I’m kind of betting that interest rates are going to come down on the longer term of interest rates, so that is going to allow something like this that’s been hammered to get a little bit of a lift.

Josh Robb:

That’s okay, interesting. All right. So, I’ll say how long it takes to pick up on the trend. But my first ticker is F-U-N fun. Yes, that’s Cedar Fair. Which for us being where we’re at, Cedar Point, which is rollercoaster park, amusement park up north of us, they’re owned by Cedar Fair. And so that’s where they’re consumer cyclical.

Austin Wilson:

America’s rock and roller coast.

Josh Robb:

That’s right, but they own multiple amusement parks.

Austin Wilson:

That is a fun ticker, Josh.

Josh Robb:

It is a fun ticker.

Austin Wilson:

See what I did there. Ticker, number two for me is Bank of America, buying a position in Bank of America, also down 28% year to date while interest rates have been rising. So theoretically on the consumer lending side of things, credit risk is one aspect of this, but the lending spreads should be pretty decent for them. So, there we go.

Josh Robb:

Nice, you want to give me another one?

Austin Wilson:

Yeah. Berkshire.

Josh Robb:

Berkshire.

Austin Wilson:

B shares. Because I can’t, I don’t have that enough for an A share. Berkshire B shares down only 11% year to date

Josh Robb:

They’ve held up pretty well, yeah.

Austin Wilson:

They’ve held up pretty well, but that’s a well-diversified, technically a financial company does well in inflation and interest rate environments like we’re in right now, even though there is always the key man risk with Warren Buffett being ancient, but that’s Berkshire.

Josh Robb:

Awesome. I will do another one, it’s Carz, C-A-R-Z.

Austin Wilson:

Carz, wonder what they do.

Josh Robb:

Yeah. It’s first trust fund vehicles. So, that is down 24% for the year, but I think that’s a good place to be, as soon as chips get figured out and we get some supplies-

Austin Wilson:

You find things on sale.

Josh Robb:

This’ll be there.

Austin Wilson:

My next ticker, and I’ll probably do too as well, again, Disney. Disney is the house of mouse; They’re actually trading under a hundred dollars a share.

Josh Robb:

Wow. It’s been a while.

Austin Wilson:

Which is well below pre-COVID levels, despite the fact that their parks are doing phenomenally well right now, people are out and about and they’re raising prices and doing really well. No COVID requirements or restrictions, that’s all pretty loose, and that stocks actually trading at a level that was lower than it’s, like you’re getting Disney Plus for free, they’re trading at a level before they announce Disney Plus and Disney Plus is doing really well.

Josh Robb:

Now their one caveat they’ve yet to reinstate their dividend.

Austin Wilson:

True.

Josh Robb:

So that’s part of, I think their price point is.

Austin Wilson:

Some investors have been reluctant to re-buy it.

Josh Robb:

But yes, that’s a good choice.

Austin Wilson:

And my next is Duke Energy Corporation, which is a utility, a little bit of a risk off play here in what I anticipate to be some sort of economic slowdown coming up, people are still going to be paying utilities, utilities are regulated. So that should be a stable place to be. They also pay a decent dividend and I think that should be a decent place. They’re again, not they’re only down 7%, they held up pretty well, a little bit more defensive, but going to have a little bit utility exposure.

Josh Robb:

All right. My next one is Jets, J-E-T-S.

Austin Wilson:

J-E-T-S, the New York Jets.

 

[9:51] – Josh’s Strategy

Josh Robb:

That’s right. I’m investing in the football team. No, it’s another ETF, so far you may notice a trend here, but tickers are my focus.

Austin Wilson:

Oh, is it?

Josh Robb:

Yes.

Austin Wilson:

I just thought they were fun.

Josh Robb:

Fun tickers, including the first one, which was fun, but I don’t how many different episodes I love a good name, ticker. I mean just shows some creativity. So, I’m building portfolio on that and I’m eventually going to be running a mutual fund, that’s trades solely on fun-

Austin Wilson:

I was just going to say, you know how some people are all about ESG investing? Well, you’re a ticker investing.

Josh Robb:

I am.

Austin Wilson:

It’s a theme.

Josh Robb:

It’s momentum.

Austin Wilson:

That’s right.

Josh Robb:

Yeah, positive momentum because everybody’s happy.

Austin Wilson:

So the Jets ETF invest in Jets?

Josh Robb:

Airline.

Austin Wilson:

Airlines.

Josh Robb:

Airline industry. So I’m a fan. I think it’d be good.

Austin Wilson:

They’re definitely making money right now.

Josh Robb:

When I was putting their, my original portfolio before I got this idea, Delta was actually on my list because I did want to participate as this, I think the airlines still have room to continue to grow. I mean they’re, they’re booked, and I think that’s positive for them and there’s high a fuel prices, but they’re just passing that along. So that was going to be a trend, so I’m more of an ETF in this standpoint, but I’m still going to participate.

Austin Wilson:

Delta is my preferred US airline.

Josh Robb:

Very you’re good.

Austin Wilson:

It really is. All right, couple more for me ticker, ETHE it’s the gray scale Ethereum trust, cryptocurrencies have gotten slaughtered.

Josh Robb:

Yes. They’re down hard.

Austin Wilson:

This one’s down 78%, your debate. 78%, it’s not an ETF, it’s a unit trust. Very similar to an ETF. So yes, I’m buying a small position in that, I think it’s still pretty speculative, but I think it’s getting to the point where we’ve got what we call the merge from Ethereum 1.0 to Ethereum 2.0, we moved from proof of work to proof of state coming up here in June, hopefully June, so they’ve kind of been delaying that a little bit, but I think that’s going to be a bull case for that.

And I’m going to also here in a little bit talk about the gray scale Bitcoin trust, but with both of those, if they ever get approval to become an ETF, the discount to NAV is going to go to zero. So that’s automatic like 20 some percent upside. Although I don’t think that’ll happen in the next six months, that is kind of a longer-term thinker there. So little Ethereum, next up is Diamond Back Energy, ticker FANG. Diamond back like a rattlesnake, Fang. So, I’m getting a position in that, it’s a smaller energy company that’s done really well. And I still think we’re in a position where the supply and demand dynamics of oil is in that area’s favor.

Josh Robb:

Okay. Probably don’t need to do two every time anymore. I have about 12.

Austin Wilson:

Well, that’s good. I’m going to slow down then.

Josh Robb:

But I appreciate it – that way it’s not awkward at the end.

Austin Wilson:

It’s going to be awkward anyway.

Josh Robb:

I’ll make it one way or another. My next ticker, PBNJ.

Austin Wilson:

PBNJ.

Josh Robb:

PBNJ they are an Invesco fund for food and beverages. And actually, they’ve held up pretty well this year. It’s more of my staples play, a little more just in case the company’s still struggling along, everybody’s got to buy food and inflation for that is being passed along. So that’s where I’m at for that one.

Austin Wilson:

Here’s another one that you’re going to get a kick out of.

Josh Robb:

Oh boy. You started stealing a couple of mine here.

Austin Wilson:

The micro sectors Fang plus index 3X.

Josh Robb:

Oh boy.

Austin Wilson:

It’s a Canadian ETF that delivers three times the daily return of Fang stocks, big tech. And those have gotten beat up pretty hard, and the triple leverage version of them has then gotten hammered.

Josh Robb:

Triple beat up.

Austin Wilson:

It’s triple down. It’s down 81%, year to date.

 

[13:01] – Triple Leverage Advice

Josh Robb:

Now, caveat to that just as we’re talking to all these people listening, those are not designed for long term hold.

Austin Wilson:

They’re actually meant for day trading.

Josh Robb:

They are. So just little asterisk there. This is your hypothetical money. Going to zero on this does not bother us at all. Triple leverage, whatever is not designed for a buy and hold strategy.

Austin Wilson:

No it’s not.

Josh Robb:

Throwing that out there for everybody in the world.

Austin Wilson:

Absolutely, yes. Do your own due diligence and research. This is just one that I obviously-

Josh Robb:

I think it’s a great idea for this.

Austin Wilson:

As the companies themselves we understand big tech and they’ve gotten beat up enough that I think if we did get a little bit of a sustained rally, that would be a really good thing for a triple leverage ETF like this. However, like you said, the downside on triple leverage hurts way worse than the upside. So, if things get worse, that’s going to be a very toasty position that I will lose out on.

Josh Robb:

Because it’s harder to recover from the down when you’re multiplying that putting less-

Austin Wilson:

Oh, because you’re downward. Yeah, you’re down hurts worse than you’re up.

Josh Robb:

If you’re down 10% and you’re triple leverage around 30% and the we cut, you don’t need a 30% gain to get back up, you need more than that. And that’s where that compounds. That’s why I just want to throw that out there for real life, is this is great for this idea, fun, if it works out awesome.

Austin Wilson:

If it doesn’t, oh I will.

Josh Robb:

That’s why we’re using pretend money.

Austin Wilson:

I will even put a caveat that even with my fake money, I’m not going all in on it.

Josh Robb:

My next one, Tan T-A-N, that’s solar, solar ETF. So that’s playing into that new technology and as we’re moving

Austin Wilson:

Oh, that’s good. I love it.

Josh Robb:

But solar being a newer source and as we are having higher energy costs, there may be some more incentive or motivation to move in that direction.

Austin Wilson:

My next name is Liberty Media Corp Formula One, but I’m a huge Formula 1-

Josh Robb:

We about that in the episode.

Austin Wilson:

Huge Formula 1 fan. I love Formula 1. And I think it’s really growing and taking off, especially here in the US. I just went to Miami and I saw where they had the race and they had stores and Formula 1 stuff everywhere. It’s like a happening thing.

Josh Robb:

I went into a race store.

Austin Wilson:

Really?

Josh Robb:

There was motorbikes, I just took a picture of that.

Austin Wilson:

Oh yeah I just saw a picture, that was cool. But yeah, I’m taking a position in that company betting that Formula 1 in the US is going to continue to do well, and they’re going to become more and more profitable. One thing that I like about this one is yeah, they’re down 5% year to date, but their earnings estimates are up 91% from January. So January to now. So that’s a lot of better earnings.

Josh Robb:

All right. I’m going with TWNK, which is short for Twinky, which is Hostess. So, the Hostess brands company, they’re only down 5% year to date.

Austin Wilson:

People got to love those.

Josh Robb:

I mean, they’re again, that’s a staple, it’s again in the food area, but I’m a snacker. Austin knows that, I love donuts, but that’s one of those that it’s there. And I don’t think they’re really going to struggle much going forward. And it’s fun (to say). Tinky twicker, twicker.

Austin Wilson:

Tinky twicker…

Josh Robb:

…Twinky ticker, it’s hard for me to say, that is a tough combination for me.

Austin Wilson:

My next is, as I kind of alluded to earlier the gray scale Bitcoin trust. So again a unit trust meant to deliver plus or minus the performance of Bitcoin, Bitcoin world’s largest cryptocurrency down very sharply year to date, 64% year to date, not as much as Ethereum, but still very sharply. I think it’s at the 20,000 dish level we’re at now, hopefully to the point where it’s going to start eliminating some buyers. But again, neither of these positions and crypto are that in the house, it’s just kind of a, if it rebounds, I’ll be in a good position for it.

Josh Robb:

All right. My next one is EPS, now being an analyst earnings per share.

Austin Wilson:

Earnings per share.

Josh Robb:

So this is wisdom tree has this, and the fund looks at the S&P 500 earnings to build out a portfolio. And so, it just sounded interesting, and I like the ticker made me sound like I was smart, knew what I was doing.

Austin Wilson:

Josh, you are smart and know what you’re doing.

Josh Robb:

When it comes to…

Austin Wilson:

You beat me two years ago.

Josh Robb:

Well, that was, you and I made a bet on the direction of the economy and I –

Austin Wilson:

You won.

Josh Robb:

… It happened to work out.

Austin Wilson:

My next ticker is MOS, which is the Mosaic Company, which is a fertilizer company.

Josh Robb:

Fertilizer.

Austin Wilson:

And I think that we’re, first of all, the shortages from agricultural things coming from Russia and Ukraine is putting upward pressure on prices of that stuff over here, which I think we should be able to pass along to customers, the farmers, but that’s going to be good for a fertilizer company over here. So that is my next pick.

Josh Robb:

All right. For me, next is cow C-O-W.

Austin Wilson:

I wonder what they do.

Josh Robb:

Which is livestock. And so, food prices are up including meat, and so I thought maybe that’d be a play to that side of things. I just thought it was an interesting one.

Austin Wilson:

I like meat, meat’s delicious.

Josh Robb:

It’s actually only down a half a percent this year, interesting.

Austin Wilson:

Yeah. That is.

Josh Robb:

Tells you about meat, so that to get a little more staple play there.

Austin Wilson:

My next pick is Schlumberger, which is a huge oil conglomerate out of Europe. And they are not up nearly as much as the Exons and the Chevrons that we have here in the US. So, I think that has potential upside from there. They are only up 24% year to date, so keeping an eye on that, but it could be an opportunity.

Josh Robb:

All right. My next one is Boss B-O-S-S. So, this is a fund, an ETF that only invests in founder run companies. So, the concept there is, if you still have the original founder, those companies tend to do pretty well. And so that’s-

Austin Wilson:

Like Facebook.

Josh Robb:

Yes. That was one I thought was just an interesting concept.

Austin Wilson:

With another great ticker.

Josh Robb:

Yes. Always.

Austin Wilson:

Here’s the one that I think is going to catch you off guard Josh. Ticker TLT. The iShares 20 plus year treasury bond.

Josh Robb:

Interesting.

Austin Wilson:

I’m taking actually a decent size position in that, because as interest rates rise longer term treasuries are more sensitive to interest rate movements and they have gotten sold off very, very, very sharply. I think that interest rates as the economy slows down, especially on the longer end are going to go down as people buy bonds for safety. So, I think that is going to be favorable, and so I’m taking a decent position in longer term treasuries.

Josh Robb:

Okay. Interesting. My next one is Skyy S-K-Y-Y.

Austin Wilson:

Okay. Why there’s two Ys? I don’t know.

Josh Robb:

But it is cloud computing.

Austin Wilson:

Ah, that makes sense.

Josh Robb:

Which again, from a growth and technology standpoint, there’s just more and more demand for cloud computing. So that was a good play there. That’s a first trust fund.

Austin Wilson:

I have two more.

Josh Robb:

All right. I have two more, good play.

Austin Wilson:

My next is Tesla, everyone knows it. It’s the number one electric vehicle maker in the world. And I just feel like their technology is above its peers and they’re getting… They are kind of where they need to be in terms of market share. So, it’s doing really well, they’re growing internationally and increasing their manufacturing capacity. Pretty bullish on that, there’s actually, I just walked by it on my way to the office from lunch, there’s a brand-new model three dual motor in the parking lot, not of our office, but next to our office and I was walking by, and I was like, “That’s a great looking car.”

Josh Robb:

There you go.

Austin Wilson:

So, Tesla.

Josh Robb:

Model three.

Austin Wilson:

Model three. That’s their most affordable.

Josh Robb:

Is that SUV? No, that’s the car one. What’s the SUV.

Austin Wilson:

The model Y.

Josh Robb:

Y, that’s the one. And then they have their truck.

Austin Wilson:

The cyber truck’s unavailable, but yes, still coming.

Josh Robb:

But that’s their other kind of model, right?

Austin Wilson:

Yes. Well, and then they have an S which is the S is the sporty sedan.

Josh Robb:

But still is sedan in though, right?

Austin Wilson:

Yeah. And they actually have an X too. There’s S, 3, X and Y, sexy get it? And the truck, which is unavailable and the Roadster, which is unavailable and the semi, which is unavailable. So that’s kind of where we’re at.

Josh Robb:

The semi… no one’s going to buy that. I have two left. So, second to last Play, P-L-A-Y, Dave and Busters. I was just there a little bit ago, and it’s a fun place.

Austin Wilson:

Played some games, won some tickets, ate some pizza.

Josh Robb:

I don’t have like really think anything like crazy about why, but fun ticker.

Austin Wilson:

It’s a fun ticker.

Josh Robb:

But for adults, sometimes you just need to burn off some energy and that’s a great place.

Austin Wilson:

Blow some money.

Josh Robb:

That’s right.

Austin Wilson:

Go for it. My last one is Walmart, it’s a staple. Everyone’s going to buy Walmart no matter the economic situation they’re in, they may change what they’re buying, but Walmart will be in need. So, position in Walmart.

Josh Robb:

All right. And my last one is IBET, which is online betting. So, that’s where I’m going there.

Austin Wilson:

We just did an episode about that.

Josh Robb:

We did talk about that.

Austin Wilson:

With Will Hinks, so we’ll link that in the show notes. So those are our portfolios, tentatively very different approach-

Josh Robb:

Sports, betting, and gaming. I think there’s more and more of that going on.

Austin Wilson:

Oh yeah. And it’s going to be legal everywhere soon. That is kind of where Josh and I are positioned as a reminder, let’s go through the details again. You can click the link and the email, Facebook post show notes, whatever to get to this page or search TID 2nd (with a two) half stock draft 22 in the Investopedia stock simulator website.

Josh Robb:

Which is a lot to do, just click the link.

Austin Wilson:

Click the link, please click the link or email us and we’ll send you a link.

Josh Robb:

Yep. Passcode, what’s the password again?

Austin Wilson:

Passcode, password: donuts4life. d-o-n-u-t-s 4 l-i-f-e.

Josh Robb:

There you go.

Austin Wilson:

donuts4life, all lowercase.

Josh Robb:

And you can get signed up before 7/1.

Austin Wilson:

You can get signed up; you cannot trade.

Josh Robb:

Cannot do any trades until 7/1.

Austin Wilson:

Exactly, until really like one minute after the market open.

Josh Robb:

Then you’re good.

Austin Wilson:

Then you’re good to go. So, we would love it also, if you would email us or shoot us a note on Facebook or whatever, when you’ve got your picks in, we would love to go see who’s in there and it’s going to be a really fun competition for the next six months.

Josh Robb:

It will be, yep.

Austin Wilson:

So, thanks for listening, we’re super pumped. Josh, we’ll see if this is, if the ticker theme is going to be one that sticks.

Josh Robb:

If I’m going to be successful in my new venture as a ETF fund manager of creative ETF names.

Austin Wilson:

A fund of funs.

Josh Robb:

A fund of fun. Well, they’d just be a regular mutual fund of-

Austin Wilson:

Exactly.

Josh Robb:

Because I would probably only focus on stocks with fun names. Well maybe I could do a fund of funs. Maybe this, I don’t know, I don’t know. We’ll have to talk about it, we go.

Austin Wilson:

So yeah, we’ll see-

Josh Robb:

First, I got to win this before we go any farther.

Austin Wilson:

I know, and I got to win this with my ultra-diversified, I’m not really taking a bet either way-

Josh Robb:

You really are-

Austin Wilson:

… On things-

Josh Robb:

… Which may work out.

Austin Wilson:

… It may, it may not. So we’ll see how that goes. Well, thanks for listening. Please share this episode with anyone you think would have a good time competing with us in this stock draft the 2nd half.

Josh Robb:

So it’s fine, it’s free does not cost anything.

Austin Wilson:

It’s absolutely free and feel free to email us any ideas for any other episode, you would like, hello if you investeddad.com.

Josh Robb:

All right. Talk to you later.

Austin Wilson:

Bye.

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 the investeddads.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 Rob and Austin Wilson work for Hixon Zuercher Capital Management. All opinions expressed by Josh, Austin or any podcast guest 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 forecast provided here in 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 principle. There is no assurance that any investment plan or strategy will be successful.