Talking Real Money - Investing Talk
Financial talk radio veteran, Don McDonald and former host of Serious Money on PBS, Tom Cock, join forces to talk about real money issues. In each episode, they solve real money problems, dole out real investing (not speculating) advice, and really explain the financial issues that effect all of us. Plus, it's actually fun! Talking Real Money is a podcast designed to provide the real help we all need to enjoy a really great future. Call in with your questions anytime at 855-935-TALK (8255).
Talking Real Money - Investing Talk
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Don McDonald
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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 differences between Avantis ETFs AVGE and AVTM and a thoughtful inquiry about whether factor investing from firms like Avantis and Dimensional justifies higher fees compared with traditional cap-weighted index funds.
0:04 Jelly bean debate returns: Costco Jelly Belly flavors, jalapeño surprises, and the “Pepto-Bismol” mystery bean
1:58 Inc. article claims you shouldn’t save for retirement
2:45 Entrepreneur Joseph Drups’ “cash-flow over investing” strategy
4:08 The myth of passive income from small businesses
5:46 Valuing a business vs. claiming low net worth
7:17 Reality check: most small businesses fail
10:06 Drups Ventures model and e-commerce brand acquisitions
11:10 The $100/month “Fast FI Club” and selling the system
13:55 Entrepreneurship vs. unrealistic promises of passive income
15:28 Impatience and the risks of chasing quick financial independence
16:44 Listener question: Avantis AVTM vs. AVGE
19:11 What actually defines a “true” index fund
23:06 Bogleheads critique of smart beta and factor strategies
24:08 Evidence for small-cap and value premiums since 1926
27:18 Fees vs. expected factor premiums
28:00 Recency bias and long periods when factors underperform
30:53 Raisin Bran bag conspiracy theory and aging complaints
Learn more about your ad choices. Visit megaphone.fm/adchoices
0:04 Jelly bean debate returns: Costco Jelly Belly flavors, jalapeño surprises, and the “Pepto-Bismol” mystery bean
1:58 Inc. article claims you shouldn’t save for retirement
2:45 Entrepreneur Joseph Drups’ “cash-flow over investing” strategy
4:08 The myth of passive income from small businesses
5:46 Valuing a business vs. claiming low net worth
7:17 Reality check: most small businesses fail
10:06 Drups Ventures model and e-commerce brand acquisitions
11:10 The $100/month “Fast FI Club” and selling the system
13:55 Entrepreneurship vs. unrealistic promises of passive income
15:28 Impatience and the risks of chasing quick financial independence
16:44 Listener question: Avantis AVTM vs. AVGE
19:11 What actually defines a “true” index fund
23:06 Bogleheads critique of smart beta and factor strategies
24:08 Evidence for small-cap and value premiums since 1926
27:18 Fees vs. expected factor premiums
28:00 Recency bias and long periods when factors underperform
30:53 Raisin Bran bag conspiracy theory and aging complaints
Learn more about your ad choices. Visit megaphone.fm/adchoices
