Don't Invest?

Talking Real Money - Investing Talk

Don McDonald

Investing, Education, Business, How To

4.5 • 810 Ratings

🗓️ 12 March 2026

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

A debate over jelly bean flavors quickly pivots into a takedown of a flashy Inc. Magazine article claiming people shouldn’t save for retirement. Don and Tom dissect the “cash-flow over investing” pitch from entrepreneur Joseph Drups, exposing the realities of running small businesses, the risks behind claims of passive income, and the likelihood that the real money comes from selling the system rather than executing it. The conversation then turns to listener questions, including the differen...

Transcript

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0:00.0	Reality Radio for a really great future. We're talking real money. Welcome once again to
0:11.6	another exciting episode of Talking Real Confections. Hello, I'm Don McDonald, and in today's
0:17.2	episode, we're going to follow up on the great jelly bean debate from a previous
0:21.4	podcast when we talked about the jar of jelly beans and the wisdom of crowds. And of course,
0:27.4	got off on a tangent about the flavors of jelly beans in the gigantic Costco jelly belly jar.
0:33.6	And just to confirm, I am not a jelly bean guy, never have been, never will be. I do have a jelly bean jar in the front of me here, but that's on my stomach, but that's a whole other thing, but I'm not a jelly bean guy. We get them every once in a while because Deb's family likes jelly beans. And I don't mind some of the flavors. The problem is the surprise flavors. Yes, which you're about to unveil what that surprise is, which you compared to,
0:55.0	and I'm sure the Costco folks didn't love peptobismal. Well, there's a halapeno-flavored one.
1:00.9	Now, that comes as a surprise when you're expecting sweet. Yeah. Some people who like sweet,
1:06.8	like black licorice, I think it's disgusting, but that's just my personal... How about a quick drink of Uzo if they like that?
1:12.9	Sure, why not?
1:13.5	Then we have the mystery peptobismal flavored jelly.
1:18.0	Which actually is?
1:19.2	I knew it had to be a real flavor.
1:23.9	And so I talked to my friend, Chat, GPT,
1:27.1	who informed me that the most likely flavor for the Peptobismal moniker is Jelly Bellies bubblegum.
1:36.5	Ah, that's a long way from Pepto.
1:38.4	And by the way, imagine the royalties.
1:40.1	They would have had to pay to Pepto for that.
1:41.8	It would have been expensive.
1:42.4	They make up these weird flavors.
1:44.1	And so they sometimes come out, they a little medicinal. So I think that's part of the problem. Well, here's, as a guy who doesn't buy any of them, don't matter to me. I'm good. Give me some chocolate. All about that. Now, let's pivot to the real to be just as sweet as the thing we just mentioned.
2:01.6	Ladies and gentlemen, welcome to another exciting episode of talking real money this time.
	...

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