Wealth and Health Podcast

Host: David Jaffee
Episode: EXPOSED: Inside an ‪@investwithcorey‬ Sales Call (Leaked Recording & Analysis) 🚨
Date: May 5, 2025

Episode Overview

In this revealing episode, David Jaffee provides an in-depth analysis of a leaked sales call between a potential client and Noah Beggs, a representative of the “Invest with Corey” trading mentorship program. The episode’s primary focus is to dissect the sales tactics, highlight the misleading claims, and caution listeners about the realities behind such lucrative promises. Jaffee interrupts the call at intervals to fact-check misleading statements, provide financial context, and offer critical commentary from his own experiences as a trading educator.

Key Discussion Points and Insights

1. Sales Call Structure and Script

• Introduction & Rapport Building

  • (01:16) Noah establishes a casual and friendly tone, asks about the client’s background, and sets the premise for the call.
  • Quote:

    "Really my goal, just want to learn a little more about yourself, kind of your current situation with investing and trading..." — Noah Beggs (01:36)

• Early Stage Fact-Finding

  • (02:08) The prospect explains finding Corey through YouTube and describes his limited experience—about one to two years in investing, new to options trading.

• Assessment of Client Goals

  • (05:13) Noah probes for financial targets and monthly income aspirations.
  • The client shares hopes for $7k/month in extra income, aiming for 3–5% monthly returns.

2. Salesperson Claims & Promises

• Consistency and Safety Pitch

  • Noah positions Corey's strategy as safe, consistent, and scalable—even for beginners.
  • Questionable Promise:

    "Most of our students are making at least a few thousand, many 10k, 20k plus." — Noah Beggs (06:27)

  • Jaffee’s Reaction:

    "Selling aggressive put options is one of the most aggressive trading strategies that you could possibly partake in..." — David Jaffee (03:11)

• Highlighting Corey’s Alleged Success

  • Corey is presented as earning $100k per month, managing a seven-figure portfolio.
  • Jaffee interrupts to clarify:

    "As of December 2022...Corey had a negative net worth...no brokerage account and didn't own any stocks..." — David Jaffee (06:52)

• Return Expectations

  • Noah repeatedly asserts that 5–10% monthly returns are achievable and many students do “much more.”

    "Most of our students make, you know, at least 5 to 10%. Obviously many making 10% plus." — Noah Beggs (15:23)

• Pressure to Join & FOMO

  • Encourages quick decision-making and downplays hesitation by referencing limited-time promotions and “lost opportunities” by waiting.

3. Exposing the Reality (David Jaffee’s Analysis)

• Fact-Checking Financial Claims

  • Jaffee challenges the plausibility of earning high, consistent returns and questions the lack of verified performance data.
  • Quote:

    "If you're able to make 10% a month consistently on a $300,000 account, you'd be worth over a billion dollars in around 20 years. It's just simply not possible." — David Jaffee (08:14)

• Questioning Corey’s Credentials

  • Cites public records contradicting the image of success painted by the salesperson.

• Transparency Concerns

  • Points out the absence of genuine trade verification or broker statements, noting the information provided seems “self-reported garbage.”

    "There's no expiration here, there's no premium listed...this information looks like it's worthless." — David Jaffee (18:43)

• On Student Outcomes and Community

  • Jaffee states that many of Corey’s followers likely lose money and warns that sales scripts exploit vulnerable or inexperienced investors.

4. Course Structure and Costs

• Overview of the Program

  • (13:29) Noah describes educational content: introductory options trading, strategies (covered calls, cash-secured puts, spreads, the wheel), and a claimed “90-95%” accuracy rate.

• Access and Engagement

  • Live Zoom sessions, Discord access, community-focused groups.
  • Promises personalized, daily support and transparency.

• Pricing & Upsells

  • (21:13) Cost of the program: $3,000 (1 year), or $5,000 (lifetime) with limited “custom” options for reduced commitments.

    "For the full contributor with coaching, it is an investment of a one time 5k...just a one time 3k." — Noah Beggs (20:31)

• No Refunds or Trials

  • Pushback when the client asks for monthly options or a trial, citing exclusivity and smaller community benefits.

5. Client Concerns and Closing Tactics

• Client Caution

  • The potential client expresses a desire to do more research and discuss with his wife, referencing previous negative experiences and hesitance to commit upfront.

    "I just been burned in the past and I've had some bad experiences. Let me do a little bit more research and get to know Corey..." — Client (25:06)

• Sale Retention Efforts

  • Noah offers a follow-up call, tries to minimize hesitation by providing a 6-month option, and reinforces the supposed urgency and exclusivity of the offer.

Notable Quotes and Timestamps

• On Aggressiveness of Strategy:

  "Selling aggressive put options is one of the most aggressive trading strategies that you could possibly partake in..." — David Jaffee (03:11)

• On Realism of Returns:

  "If you're able to make 10% a month consistently on a $300,000 account, you'd be worth over a billion dollars...It's just simply not possible." — David Jaffee (08:14)

• On Corey’s Background:

  "He was living with his parents at 40 years of age...he had a negative net worth of around $50,000 and he had no brokerage account..." — David Jaffee (06:52)

• On Lack of Verification:

  "There's no expiration here, there's no premium listed...this information looks like it's worthless and it looks like it's just self-reported garbage." — David Jaffee (18:43)

• On Student Outcomes:

  "Many of Corey's followers end up losing money." — David Jaffee (06:06)

Important Timestamps

• 02:08: Prospect explains how he discovered Corey on YouTube
• 05:34: Prospect shares income targets — wants $7,000/month or 3–5% monthly return
• 06:27: Noah claims most students make 10–20k/month
• 13:29: Overview of Corey's course contents, strategy, and profit claims
• 15:23: Noah promises 5–10%+ monthly returns, minimum $10k/month for “most students”
• 17:16: Client asks about live teaching versus self-paced content
• 20:31: Pricing of program revealed — $3,000/year, $5,000/lifetime
• 22:07: Noah assures the client he’ll make back the money within the first month
• 23:13: Client asks for trade verification; Noah sidesteps, says Corey shares trades “live”
• 25:06: Client explains his hesitancy and history of being “burned”
• 26:05: Noah pushes to schedule follow-up

Tone and Takeaways

David Jaffee maintains a direct, no-nonsense tone throughout his analysis. He’s unafraid to call out dishonest sales tactics, explain the true risk involved in the strategies being sold, and debunk impossible profit promises. His repeated interjections add skepticism and fact-based reasoning, serving as a protective guide for potential victims of predatory trading education schemes.

Summary – For Those Who Haven’t Listened

This episode is a cautionary deep-dive into the tactics used by trading “gurus” and their sales teams. You’ll hear actual sales techniques and promises made to inexperienced traders—followed by real-time debunking and corrective commentary from David Jaffee. Expect sharp, fact-driven analysis, behind-the-scenes insights into the trading education industry, and practical warnings for anyone being pitched aggressive, high-ticket mentorships promising life-changing returns.

Ideal for:

• Anyone interested in trading education
• Listeners wary of too-good-to-be-true investment promises
• Investors seeking a no-hype, critical perspective on industry sales tactics

Core Lesson:
Question the credentials, live trading “evidence”, and especially the profit promises of anyone selling you a trading system—especially if the price tag is high and the skepticism is discouraged.