Technology Profits Confidential Review
Investing

Is Technology Profits Confidential a Scam or Will It Make You Rich? – [Review That Isn’t Promoting It]

Technology Profits Confidential ReviewTechnology Profits Confidential claims to be able to pretty much be able to make you rich, but is this really true? After all the sales pitches I have seen for this newsletter sound rather unbelievable to me and are probably enough to make anyone suspicious. Is Technology Profits Confidential a scam that is going to be nothing more than a waste of your time?

In this review I will be going over my opinion of it. What I say it’s a scam? No I wouldn’t go as far to say that. However I will say that the marketing practices used to promote this newsletter are rather misleading and might give you the wrong idea of what Technology Profits Confidential really is.

Technology Profits Confidential Review

Technology Profits Confidential is a newsletter subscription by Ray Blanco. Ray used to work as a network technician in a systems analyst before he got involved in finance, where he supposedly managed a fund at some wealth management firm that was over $30 billion in value. Now he is employed as an editor at Agora Financial where he provides investment advice via these newsletters.

Technology Profits Confidential is a monthly newsletter that provides advice on penny stock investments, particularly in the area of emerging technology. The goal behind this newsletter is to provide advice to investors and give them information on new investments that could potentially explode in price. Not many people know about penny stocks because they only usually exist when companies are still in their infancy. So the hope of this all is to give people the chance to buy into these penny stocks while the company is still small and then hopefully write out the wave of profit as they grow exponentially and become mainstream.

What You Get With a Subscription

The subscription cost between $49 and $89 depending on what package you buy. They all include the same thing, with the difference in price determining how you receive your newsletter, which can be electronically or electronically and by mail. The more expensive packages also include bonuses.

At the core of the newsletter are the monthly issues. You will receive a monthly report that details potential good investments. It will provide information on pretty much all aspects of the potential investments including the technology, company history, etc. In addition you will receive alerts on a weekly basis that keep you updated on the market and the stocks that you have your scope on.

Is It a Scam?

Based on what I have found the Technology Profits Confidential newsletter itself is definitely not a scam. The investment advice given is definitely a bit risky, due to it being in the realm of penny stocks, but this just comes with the territory. You could lose money following the advice and you also could profit.

However there are a lot of people calling this whole thing a scam… So why is this?

Well part of the reason is because the company that publishes the newsletter, Agora Financial, is well known for having horrible customer support and making it very hard to cancel subscriptions, as well as overcharging, double charging, etc. You can find all sorts of complaints about this online all over the Better Business Bureau’s website and on customer complaint sites like PissedConsumer where I found complaints having to do with Technology Profits Confidential in particular as you can see here…

*You can read my review of Agora Financial to find out more about them here.

And another major problem with this all, which is a big reason for many of the complaints against this, is the absolutely ridiculous and misleading sales pitches that they used to lure in new subscribers.

The “Scammy” Part of Technology Profits Confidential

The sales pitch that I had to listen to was about some “weird rooftop pod” that is supposedly going to put the cable companies out of business and provide much cheaper/faster Internet to the whole world.

One of the first things that I found suspicious about the sales pitch was that for some reason they kept telling me I had to get in before May 18. That was supposedly the deadline for some reason but they offered no clear explanation as to why. I also found it rather humorous that in the video presentation you could hear the “May 18” part was different from the rest of the presentation. It literally sounded like they had pasted a little voice over to say May 18.

My guess is that this whole May 18 stop is a bunch of BS. It’s probably just some false scarcity tactic used to try to get people to buy in as soon as possible. I bet when May 18 comes and goes they will switch this to another date later on.

But anyway, what is this “weird rooftop investment”?

What it is, is some new LEO technology that will provide Internet across the entire earth via satellites. This will be much faster and much cheaper than the current Internet infrastructure where service is provided with old copper cables in most of the US. And supposedly one private company owns the “exclusive private rights” to use this technology.

So pretty much the sales pitch is that Mr. Blanco is going to reveal the name of this private company if you subscribe to his newsletter. Which of course you’re definitely going to want to do because this new investment opportunity will make investors “very, very rich”.

How rich you ask?

Well Ray Blanco claims that you will be able to turn a single paycheck into $110,661. So just think about that for a second…

Wait a minute, how does Ray Blanco know how much I make in a single paycheck? Wouldn’t he have to know how much I make per paycheck to make a statement like this?

The truth is that he would have to know and that he doesn’t know. This is just one of many very misleading BS statements made in this ridiculous sales pitch. One of many.

The entire sales pitch is filled with lies and misleading information. If you saw this particular video presentation you may remember Ray talking about this farmer from Nebraska named Nick Schumann. During the presentation he showed a photo of Nick and his family, which I then did a reverse Google image search of and found that this is a fake picture. This picture is not of Nick and his family, it’s a stock photo that anyone can purchase at Shutterstock…

And there are more fake pictures and fake information given than just this. I did the same thing with one of the member pictures that was below the video. Below the video there is a bunch of member pictures along with quotes that they supposedly made about the newsletter. There was one guy named Tom Phillips that supposedly stated “I made about $35,000 in 10 days”. I knew this had to be fake because I already knew that half of the video presentation was fake so I ran a reverse Google image search of this guy too. Lo and behold I found that his image is also a stock photo that anyone can purchase…

 

Conclusion on Everything

I still don’t consider Technology Profits Confidential a scam itself, but many of the marketing tactics used are very scammy. I don’t understand why Ray Blanco has to pull this kind of crap to get subscribers. It just isn’t right to mislead people like this to get them to buy your product. But I guess this should be expected since it’s a publication of Agora Financial, which is notorious for pulling this kind of crap. I have reviewed many Agora Financial newsletters before including Real Wealth Strategist, Big Book of Income, True Momentum, etc , and they are all very similar with how ridiculous their sales pitches are.

But anyway, by and if you want to. Just know what you’re getting into you know that it isn’t the fairytale investment advice that the sales pitch leads you to believe it is. And if you have already bought it and want to leave a review all love to hear your personal opinion of it. You can leave any comments below…

Read More
Dollar Trade Club Review
Investing

Is Dollar Trade Club a Scam? – My Review

 

Dollar Trade Club ReviewDollar Trade Club is an investment newsletter that comes from the editors Zach Scheidt and Alan Knuckman. Since you are looking up this newsletter and wondering if it’s a scam or not then I am guessing you came across a somewhat over-the-top sales pitch for it and are a little suspicious of the claims made.… Or at least this is what happened to me when I first came across it.

Is Dollar Trade Club a scam? Find out… in this review I’ll be covering a bit about the newsletter and what I think about it. I’m also going to talk about the one particular ridiculous sales pitch that I had to sit through before finding out that I was being funneled into buying a Dollar Trade Club subscription.

Dollar Trade Club Review

As I said Zach Scheidt and Alan Knuckman are the editors for this newsletter. Zach is a guy that I am familiar with because I have reviewed one of his other newsletters in the past called the Big Book of Income. He was a financial analyst for years, has managed $1 million hedge fund, and has books available on Amazon which have pretty good ratings. Alan on the other hand I am not familiar with but he seems to know what he is talking about as well and seems to be qualified to provide such financial investment advice. He has been a clerk, a floor trader, has been featured on FOX Business news and Bloomberg, Etc.

The Dollar Trade Club is specifically focused on penny stock and low value share investments that have potential to produce big gains.

I actually came across this newsletter after listening to a sales pitch about cryptocurrency investments, which I want to go over a bit in case you also were lured in with this pitch.

The Sales PitchDollar Trade Club Review

The video presentation for the sales pitch was presented by Alan. It was all about the red-hot cryptocurrencies market and how “penny cryptos that have skyrocketed by 2,871%, 15,808%, or even 105,744% in just a single day.”, Which of course you can get into if you follow his advice.

The sales pitch drags on and on for quite some time. I was pretty confused at the beginning because he kept talking about investing in blockchain technology companies and was also talking about popular cryptocurrencies like Bitcoin, Ethereum, Ripple, etc. It was confusing to me because the majority of cryptocurrencies out there were not created by companies, with the exception of a few like Ripple. So I didn’t really know what was going on. He also kept mentioning investing in “shares” and “stocks” which would mean you aren’t investing in the cryptocurrency itself, but then he would talk about different cryptocurrencies. I don’t know this may seem confusing but I was really confused listening to the sales pitch throughout more than half of it And it was frustrating to me.

But he kept said how he will “show you how to get rich with blockchain” so I still wanted to wait around and find out what the heck he was talking about. He also made claims that this “Blockchain Investment Jackpot” he will be revealing can help you retire incredibly wealthy in less than a year and that it is some “investment secret”.

Finally It Makes Sense:

Anyways… Finally after probably listening to over 30 minutes of the sales pitch things finally started to make sense. The pitch that he is throwing at you is basically that you can invest in these different blockchain companies like 360 Blockchain and DigitalX Ltd. But things get even more confusing from here.

I did a little research on 360 Blockchain and they probably aren’t what you may think they are. It’s not like they are some blockchain company that creates blockchains or something like that. Instead they are a blockchain investment company. Basically what they do is invest in different blockchain projects that seem promising to them and then you go in invest in them. So in a nutshell if you were to invest in 360 Blockchain, which Alan gives you as an example, you would be investing in a company that invests in cryptocurrencies or blockchains.

What a Ridiculous Example:

Throughout the video he kept telling me you only need $50 to start… Only $50 to start with this investment, which is what he calls it the “$50 Blockchain Investment Jackpot”.

Then he gives you some absolutely ridiculous scenario where you could have possibly turned a small $50 investment into $1.3 million. In the scenario he showed you the money you could have made by investing in this company, writing the profit out and investing in another company, doing the same and then investing in another company, which eventually led to the $50 turning into $1.3 million. It’s true this example could have worked out but there are plenty of examples that I could come up with for being able to turn a little bit of money to… But of course you can’t predict the future so being able to do this before the stocks exploded in price is an entirely different story.

Hurry… You Have to Get In NOW!!! Not True

During the presentation he saying that this investment strategy will only work if you get in before May 30 because of some fin tech meeting that is happening in Europe, which he expects to cause blockchain stocks to skyrocket. However his theory behind this is not very convincing and there is absolutely no proof that this will happen.

Fin tech meetings happen all the time and you can’t expect things like this to just skyrocket. It’s not like he has some secret inside information or reason that this is going to happen… He just says he expects it to happen and you are supposed to take him at his word. The problem is that I see “false scarcity” like this all the time especially from sales pitches for newsletters that are published by Agora Financial, which is well known for the crazy over-the-top sales pitch type thing.

What This Is All About

Of course at nearly the end of the sales pitch, after getting very uncomfortable for sitting for so long, Alan finally got to the point and said that in order to get his advice on these seven blockchain stocks he is going to tell you about that could explode in price in the near future, you first had to sign up for a trial subscription to his Dollar Trade Club newsletter.

Basically all this “$50 Blockchain Investment Jackpot” sales pitch was just a way to get people to subscribe to his newsletter. The seven blockchain stocks that “could make you a millionaire” which he will be revealing to you is all free if you subscribe. So basically it’s an added bonus to lure in new subscribers.

What You Get

Besides the seven blockchain stocks that are supposedly secrets and that he hasn’t told anyone about, you will also get…

  • 12 monthly issues of the Dollar Trade Club
  • Daily Market Videos
  • Stock Analysis
  • + more

At the core of this newsletter are the 12 monthly issues. In each of these monthly issues he will provide a great deal of research on certain stocks that are on his radar and/or that you need to invest in. You will also receive email alerts when certain stocks should be bought/sold and if there is any urgent news that you should know about in the market.

Is It Worth Buying?

I’m not exactly sure how the trial subscription works, but I’m guessing that you will automatically be upgraded to the regular paid subscription after the trial period runs out. The prices of this newsletter run from $49-$89 based on what tier of membership you subscribe to.

Is it worth buying? Well from the looks of things and based on the research that I have done it seems that it very well could be worth the price. Alan seems to provide good information and knows what he’s talking about.

My only problem with it is the misleading sales pitch, or sales pitches, that lure people into buying this newsletter. I would like a lot more if they would just get to the point, present more truthful information, and not try to make the opportunity seem 100 times better than it really is.

And actually another problem I have with it is that it is published by Agora Financial, which as you can read about in my review here has tons of customer complaints and seems to be somewhat of a “shady” business in the investment world.

But anyway… Buy it if you want to. In my opinion it’s not a scam at its core.

I hope you enjoyed this review and found it somewhat helpful at the very least. Please leave any questions or comments you may have below and I’ll get back to you as soon as I can 🙂

Read More
Kennedy Accounts scam
Investing

Are “Kennedy Accounts” a Scam by Jeff Yastine? – Please Read This Review First!

Kennedy Accounts scamRecently I came across a video presentation for what Jeff Yastine calls “Kennedy Accounts”, which he claims to be a much better investment opportunity than IRA’s, 401(k)s, and every other retirement account out there. But is all this talk really true? Or is it just a bunch of hoopla that you should avoid?

The big question that you are probably asking yourself is whether or not this is all a scam…. is Kennedy Accounts a scam or is this the real deal? After watching the video presentation and doing more research on this I knew I had to write a review of it. Why? Well because what he tells you and the reality are two different things. This has got to be one of the most over-the-top sales pitches I have ever heard and I’ll go over why… not to mention there a few blatant lies that he tells you.

Kennedy Accounts Review

There are probably multiple different presentations for this opportunity but above the video presentation that I watched it stated that these Kennedy Accounts investment opportunities have been “hidden from everyday Americans for 54 years”. It also claimed to reveal a secret that can “turn a small stake into as much as $1.19 million starting on April 28th” and was supposedly called “Wall Street’s Best Kept Secret” by some anonymous former hedge fund manager. Lots of claims but are they true?

In my opinion most of what you are being told in the presentation is probably a bunch of BS. You are probably thinking the same thing right now too, which I’m guessing because you are reading my review right now to see if this is legit.

The reason I doubt that some of the bold claims made are even true is because most of what is said is simply stated with no evidence to back it up. Jeff Yastine claims that a “former Wall Street trader” called this an opportunity where you can “turn pocket change into millions” and that a “financial insider” called this opportunity “the last remaining break for small investors”. All of these quotes (which there are more of) are given by anonymous sources. So there is no way for me to look into them to see if they are real or fake.

But I’m guessing they are fake because I found some other information given which I can prove to be fake.

The People Jeff Claims Have Made All This Money With “Kennedy Accounts” Are Not Real

Yes you heard me right…. they aren’t real.

One example he gave in the video presentation was a woman named Denise Wilks who supposedly stumbled upon this “Kennedy Accounts” secret while reviewing wealthy people’s taxes working at the IRS. She supposedly was able to grow a $1,841 investment into $10 million.

The problem here is that the image shown is a fake. I did a reverse Google image search for the woman pictured in the video and found the same darn picture (well… half of it) published on a different website over a year ago…

Then take a look at this example he gave: Supposedly this “Samuel Murphy” guy, who is a postal worker, turned $45 into $60,000 with this method. The problem here is that I also did a reverse Google image search for his photo and found the same darn photo on a website about dating… funny…

So the question is: Is this “Samuel Murphy” guy really a postal worker that turned $45 into $60,000? Or is he a relationship expert that is giving women advice on dating younger men??? (joke).

But seriously… the pictures that Jeff presents to you of these people are likely stock photos that creators of this video presentation bought. Anyone can buy stock photos online and use them as they please. The pictures are not who Jeff tells you they are and because of this I don’t think any of this information is trustworthy… but of course you can form your own opinion of this, I’m just presenting you with some information worth knowing.

What Are “Kennedy Accounts” Anyhow?

“Kennedy Accounts” is just a term made up by Jeff… I guess because its catch and helps with the sales pitch he is throwing at you, which reminds me of the “Freedom Checks” sales pitch I reviewed recently. In reality these Kennedy Accounts are really just Direct Stock Purchase Plans or DSPP’s. And DSPP’s are investment plans that allow people to buy stock in a company directly from that company without having to go through a broker.

Jeff tells you that Kennedy supposedly passed a law during his presidency that brought DSPP’s about as a way to stimulate the economy. However, this appears to be a bunch of horse shit. I did some research on this and found that DSPP’s were originally introduced in the 1950’s by companies, which I found on the investment guidance site StreetAuthority. John Kennedy didn’t become president until 1961 so unless he used a time machine or something this would be impossible.

But anyways… DSPP’s can be better investment choices than what you typically see because you eliminate the middleman. You invest directly and don’t have to pay a broker commission fees. Additionally Jeff tells you that the dividend payments you receive from your DSPP stock investments will automatically be reinvested for you, buying you more stock. This can lead to a snowball effect of higher dividend payments and more stock purchases.

So yes… DSPP’s are a real thing and you can make money with them… .but what the heck is all this “Kennedy Accounts” stuff really about?

Whats Really Going On Here…

Whats really going on here is Jeff is trying to get you to buy his Total Wealth Insider newsletter subscription where he will give you his top 5 picks for dividend reinvestment stocks.

* As a side note: This Total Wealth Insider newsletter is published by Banyan Hill. They are know for this kind of ridiculous sales pitch type of thing just like Agora FinancialTotal Wealth Insider

The price for this subscription ranges from $49 to $129 depending on what subscription level you choose.

Is this price worth it? Well I don’t see why not… I mean just take a look at this insane guarantee that Jeff makes…

That’s right… Jeff claims that if his advice doesn’t give you the chance to make $10,000 in profit he will refund your subscription.

This is one of the most misleading statements I have ever heard, which I should have expected after watching the video presentation. A chance to make $10,000 tells you nothing. You could make $10,000 off of a 1% gain if you invested $1,000,000 to start with. But if you only have $100 and make that same investment you will only make $1… So this is VERY MISLEADING.

Conclusion on Jeff Yastine’s Kennedy Accounts and Total Wealth Insider

Is this a scam? I wouldn’t go as far to call it a scam but at the very least the information given is very misleading and lures people in with the hopes and dreams of making insane profits… which isn’t likely.

Will Jeff’s advice in Total Wealth Insider be able to make you money? Probably… but will you turn $45 into $60,000 like that fake postal worker he showed in the video presentation? Not a chance.

Jeff seems to have a good background. He has decades of experience as a financial journalist and one of the most notable jobs he had was as an anchor on PBS’s Nightly Business Report. So this guy does know his stuff…. its just the very misleading sales pitch that he throws at me like I’m an idiot that upsets me.

Should you buy his newletter? That is a question for yourself. I’m not going to buy it but this is just me.

Anyhow… I really hope you enjoyed my review and I hope I helped you out a bit. Please leave any comments or questions you may have about any of this below and I will get back to you soon 🙂

Read More
Agora Financial
Investing

Is Agora Financial a Scam or Are Their Investment Newsletters Worth It? – [Review]

Agora FinancialAgora Financial is an independent financial forecast team that sells many different financial newsletters, which basically just give advice on different investments, market alerts, financial loopholes, and so on. But is Agora Financial a scam? Will the financial advice given live up to all the hype of the products sold? Or are the over-the-top sales pitches that you commonly hear for products that are published by Agora Financial hollow and unbacked?

One thing is for sure, there are a heck of a lot of complaints on this company. I’m guessing you are probably already aware of this which is why you are wondering if they are a scam. In this review I will be addressing some of the major complaints against the company and giving my opinion on whether or not it’s all just a scam or if their financial forecasts really do work.

Agora Financial Review

I have reviewed quite a few different publications from Agora Financial. Some of these include Real Wealth Strategist, True Momentum, Big Book of Income, and maybe some others.. I don’t remember.

One very common theme I have found for all of these different newsletter products is that they are all promoted in a very misleading way. You will see all sorts of crazy sales pitches for their financial forecast newsletters.

For example there is that the “Freedom Checks”sales pitch that makes people believe they are somehow going to get free checks from some private institution just for being a US citizen and writing their name down on some list, when in reality the entire sales pitch was part of a funnel to sucker people into buying the Real Wealth Strategist newsletter and these “freedom checks” that were being talked about so much or really just dividends that you could possibly get paid by following the newsletters investment advice.

Or then there is the True Momentum newsletter that is advertised as providing investment advice that will grow your account “a minimum of 300% over the next 12 months”.

And then there was the “This Magic Metal” sales pitch which was another funnel to buy into Real Wealth Strategist that lured people in by having them thinking they were getting investment advice on some “magic” metal that is going to be the investment of the millennium.

And we can’t forget the “Big Book of Income” that has people thinking they are going to be making “$35 an hour walking on the beach” if they order this free book and pay shipping… But it’s really just a sneaky little ploy to subscribe people to the Lifetime Income Report newsletter.

The Main Complaints I’ve Come Across About This Place

As you can imagine, misleading advertising and related complaints are some of the most common thing you will see when you search around online and look for complaints/reviews from customers. Below are some complaints that I took screenshots of on the review site PissedConsumer.com

And there are plenty more where these came from. On the site Agora Financial has over 130 reviews (at the time I’m writing this) with a 1.5 out of five star rating. That’s pretty darn bad. And as you can see below some of the top complaints on this site include misleading advertising, deceptive practices which is pretty much the same thing as misleading advertising, and poor customer service.

Another common complaint that I have found on this company has to do with being overcharged for subscriptions. Apparently there are a fair number of people out there that have problems canceling their subscriptions and also get subscribed to newsletters without even knowing they are getting subscribed to them.

Agora Financial seems to make it one heck of a hassle to cancel your darn subscription. Their customer service is absolutely atrocious and this often leads to customers seeking help in getting their refund from customer protection services such as the Better Business Bureau. You will find all sorts of complaints on this site about not being able to get refunds although the refund policy states that they should. The reason for this is because Agora Financial ignores refund requests from individuals. But then when individuals go and complain to places like the BBB they get their act together and will respond to refund requests.

Some complaints I took screenshots of you can see here…

Overall on the BBB’s website Agora Financial’s rating is horrible. They don’t actually have an official rating because they are not a BBB accredited business, but if you look at the customer review rating it is 88% negative. And they also have a massive number of 223 complaints, as I’m writing this which will surely increase.…

Ok… Misleading Advertising and Overcharging Customers…. But Does Their Financial Advice Work?

From what I see the investment advice is somewhat of a hit or miss. I have read reviews from customers claiming that the advice given has led to them profiting, while I have read others complaining about losing money from listening to certain advice.

Now of course this largely depends on where the advice is coming from, for example which newsletter you are subscribed to and who the editors are, and you also have to consider the fact that people are more willing to write negative reviews online than positive ones. But all in all my opinion of the many different investment advice newsletters published by Agora Financial is that, like I said, it’s somewhat of a hit or miss.

Based on what I see I would say that the advice is decent, not great and not bad either. But when you answer this question you have to look at the advice as a whole. Some investments will lose and others will win.

Conclusion on Agora Financial

I really don’t know what the heck Agora Financial’s deal is. If they want to stay in business they need to get their act together. They seem to be in it for the money more than anything else and continually treat their customers like crap by suckering them into buying newsletters with misleading information, signing customers up for subscriptions that they don’t even realize they are getting signed up for, and making it really difficult to cancel subscriptions. There is a reason they have such a bad reputation in the financial world and this is it.

Personally, I would never subscribe to a newsletter from Agora Financial. They seem to be in it pretty much solely for their own benefit and although there is good advice provided at times, nothing seems to be that spectacular. So for me the reward just isn’t worth it, but of course this is just my opinion and you may have one that differs.

If you have a personal review of Agora Financial or a comment/question on anything please leave it below the end I will get back to you as soon as I can 🙂 I hope you enjoyed this review and I hope I gave you a better understanding of what the company is all about.

 

Read More
Investing

Is Big Book of Income a Scam? – Review of Zach Scheidt’s Investment Book

The Big Book of IncomeThe Big Book of Income is an investment manual written by a guy name Zach Scheidt. This big book he claims to give you the secrets to earning extra income in easy and effective ways. But is this really true? Is all the hype surrounding this product and the over-the-top sales pitch that you probably heard backed up by an amazing product that works as he says it does? Or is this just another hollow sales pitch for a product that is less than what it claims to be?

Well… In this review I’m going to be giving you my take on it. I am not promoting this product nor am I affiliated with the publisher of it in any way, so I’ll just be giving my honest opinion on what I think about it as well as taking into consideration what others think about it as well.

Big Book of Income Review

The Big Book of Income is a book written by Zach Scheidt that supposedly gives you 47 income “secrets” that will help you earn easy money. This book is more focused on older generations, particularly those looking to retire, or who have already retired and are looking for extra income.

But don’t fall for the sales pitch that the marketers behind this book throw at you. The sales pitch is very misleading and basically has you thinking that you are really hitting the jackpot. I mean the book is free and all you have to do is pay $4.95 for shipping… It wouldn’t go for this offer?

After all it is advertised as a way to “Squeeze as much as an extra $6,840 per year out of your Social Security benefits”. And also supposedly provides you with information on “How to legally beat the IRS and claim half of a year’s salary from the Federal Government when you retire”

Sounds incredible right? It even claims to teach you “How To Make $35 An Hour Walking On The Beach”. Now seriously… Who wouldn’t want this book. Of course I want to earn $35 per hour walking on the beach. It would ever even wanted job if you can earn this kind of money in paradise?

Well unfortunately as I said, the sales pitch is way over the top for this product. It is very misleading and way over-hyped. While this Big Book of Income does seem to provide some good investment information, it is not the miracle book that it may seem to be.

A Look at The Author… Is He Qualified To Write Such a Book?

Zach Scheidt is the author of this book, as mentioned. But is this guy even qualified to provide you information for making sound investments?

I looked into him and from my perspective he does seem to be qualified. He has been a financial newsletter editor for Agora Financial for a while now and before that he worked as a market analyst and managed a multimillion dollar hedge fund. You are welcome to look into him for yourself, but from my opinion he seems to be very experienced and have a lot of good information to advise people with.

While doing research on him, I also saw that he has a few e-books available on Amazon which had pretty decent reviews.

Beware… This Book May Cost You!

Okay, so the book is free right?… And all you have to do is pay for shipping right? Well this is true, but there is more to the story.

When you choose to grab your free copy of this book and pay to have them ship it to you, you are not only signing up for getting the book. You also get bonuses along with it… In they could cost you.

Below is a screenshot that I took on the sales page of everything you get when you sign up for this book. What I really want you to focus on here is the very last checkmark… The 30 day trial to Zach Scheidt’s monthly income newsletter called “Lifetime Income Report“…

You see what you may not have caught is that you will be signed up for this newsletter. It’s an easy thing to mess because I think only one time in the sales page do they tell you that a subscription for this newsletter does cost you. In the section above they call it a free 30 day trial but don’t mention anything about the price after those 30 days. As you can see below from another screenshot I took, they will bill you $99 for a one-year subscription after the 30 day trial is over.

Let me reiterate this. You automatically get signed up for this free trial offer for the “Lifetime Income Report” newsletter and if you do not cancel within 30 days you will be charged $99.

What Other People Are Saying

I wasn’t really able to find anything in the way of reviews for Big Book of Income. I found a few other reviews that basically warn people about what they are really getting into, as I’m doing in this review, but no real customer reviews about the Big Book of Income.

However, since Big Book of Income is basically just part of a sales funnel to get you to buy into the Lifetime Income Report newsletter, I will tell you that there are a fair number of reviews out there on the newsletter. I actually already did my own review of Lifetime Income Report that you can read, but I’ll give you a basic overview of what people are saying.

For the most part there are a lot of complaints from the misleading marketing tactics used, which led people to buy in without really knowing what they were getting into. The newsletter focuses on stock market investing with the goal of investing in companies that will yield high dividends.

There are some good reviews that I read over but no one claims it to be a miracle investment manual like it basically claims to be. The investment advice is good and I’ll leave it at that. Most of the many complaints just had to do with the misleading sales pitch and then there were some from people claiming they were overcharged, had a hard time canceling their subscription and what not.

Agora Financial, which is the company that publishes this newsletter, is well known for pulling stunts like this. I have reviewed a number of their publishings including “Freedom Checks“, Lifetime Income Report of course, and True Momentum. They all have some of the most ridiculous and misleading sales pitches I’ve ever heard in my life and its no wonder people give this Agora Financial company bad ratings.

If you look at Agora Financial on the Better Business Bureau’s website you will see that they are not accredited but have high number of negative reviews and complaints…

Conclusion on The Big Book of Income – Should You Get It?

Ok… so let me summarize everything here: The Big Book of Income is a free book that costs $4.95 to order because you have to pay for shipping. When you pay for it you will automatically get subscribed to Lifetime Income Report for a 30 day free trial, which you will automatically be charged $99 for after the 30 days unless you cancel. Basically the Big Book of Income is just the bait at the end of a hook trying to reel you in, which doesn’t mean that its not any good by the way.

So if you do pay for the Big Book of Income to ship to you make sure you know what you are getting into.

Leave any comments or questions you might have below and I’ll get back to you soon 🙂 I hope you enjoyed.

Read More
Seven Figure Formula Review
Cryptocurrency, Investing

The $20 Bitcoin Blueprint…Scam? – [Review That Isn’t Promoting It]

Seven Figure Formula ReviewThe “$20 Bitcoin Blueprint”, aka the “Secret Bitcoin Blueprint” claims to be able to make you rich in the cryptocurrency market. There is a lot of hype surrounding this product and it is being advertised all over the Internet, I actually came across it after clicking on some ridiculous add that I was curious what it would be to.

Anyway, since you are reading this I’m guessing that you listened to some ridiculous sales pitch about why you need to buy into this and are suspicious of whether or not it is legitimate. Is $20 Bitcoin Blueprint a scam? Is it legit? Will it make you rich? Or is this just going to be a waste of your time and money?

The $20 Bitcoin Blueprint Review

Before I get into reviewing the actual $20 Bitcoin Blueprint product I first want to go over the ridiculous sales pitch that I had to listen to. I am sure there are all sorts of different sales pitches out there for this product, but the one I listen to was a video presentation which I took a screenshot of here…

In this sales pitch the guy kept referring to some “secret bitcoin blueprint”, “secret $20 bitcoin blueprint”, and a few other similar names but as you probably already know this was all just a sales funnel to get people to buy into another product.

As you can see right off the bat they tell you that you can somehow earn a $20 bill into a “massive fortune”. The spokesperson claims that he is going to show you how to use the “red-hot cryptocurrency market to potentially amass a quick fortune”… which makes me think of the Altucher Report product that is being promoted all around.

Anyway… the whole sales pitch hinges on the idea that Amazon.com, the world’s largest retailer, “could” start to accept cryptocurrencies as early as April 27. This is very misleading and not backed up by any evidence. I am active in the cryptocurrency market and keep up-to-date on things, so I have heard talk about Amazon possibly getting involved in more ways than one, but there is no proof that anything special is going to happen on April 27 as the spokesman says.

If something were to happen, I agree with him, the prices of many different cryptocurrencies would increase. There is no doubt about that. If the public sees the biggest retailer in the world hop on board and many are sure to follow, which will drive the price up.

But how do you get in on this “red-hot cryptocurrency market opportunity”?

Well of course all you have to do is follow this blueprint that the spokesman is going to give you which you will be able to get so rich off of that you will have the ability to retire in less than a year… Which is what he tells you. And of course you don’t need to know anything or have any experience. He makes it sound so easy that a caveman can do it.

Later in the ridiculous sales pitch he gives a bunch of really bad examples of cryptocurrencies exploding in price. He gives over all sorts of examples of massive increases in prices and talks about how you could have become rich had you invested.

At the peak of the sales pitch he plays out a scenario of how you could have turned $20 into $1.64 million in just two days. But the example is absolutely horrible but most people watching this probably aren’t aware of it.

Very Misleading & Horrible Salespitch

The example was this: First you could have invested in a little-known cryptocurrency called AMIS that was trading at $1.54 when the “markets opened up on Monday” and rose in price to $458.82 by the end of the day. Then he goes on to talk about how you could have invested that profit in another cryptocurrency, followed by another cryptocurrency to end up with $1.64 million in just three days.

The problem with this example is that AMIS was an awful cryptocurrency that has already died off. It was never any good and never became much. It did skyrocket in price at one point, but that was followed by a decrease in price just as fast. If you would have AMIS today it was worthless. So for one, that is a horrible example, and two, I question if this spokesperson has any idea what he is even talking about. As I mentioned above he talks about the markets opening up on Monday as if they were the stock markets. Anyone who has a little bit of knowledge about the cryptocurrency market knows that it is always open, 24/7. It does not open and close. This is how it is a worldwide and how it has always been.

Something else that the guy kept talking about which was very misleading was these “penny cryptocurrencies”. He acts like they are so great because they are so cheap, but the price of one unit of a certain type of cryptocurrency does not mean anything without looking at the total supply. For example bitcoin’s total supply is 21 million. If you had to cryptocurrencies, both of them priced at $0.50, but the one had a supply of 10 million and the other had a supply of 10 billion, the one with the lesser supply would have much more potential to increase in price because the amount of coins would be more scarce.

I’ve Seen Sales Pitches Like This Before

I have seen sales pitches like this plenty of times before and I can take a good guess at what is going to happen. You see that April 27 deadline is nothing more than a way to make this seem more urgent and to get people to buy in as soon as possible… buy the product that they are promoting of course.

When this date comes and passes they are just going to put a different date up in the near future.

A Look at $20 Bitcoin Blueprint – What Is It and What Does It Include?

All This “$20 Bitcoin Blueprint” really is, is just a misleading sales pitch to get you to buy into another product, which as I am writing this is called Seven Figure FormulaThis is a penny stock investment newsletter created by Greg Geunthner. But I have seen other reviews of this claiming that it promotes different newsletters so I think they are switching things up. They are using the same “$20 Bitcoin Blueprint” sales pitch to promote multiple things.

But anyway…the whole cryptocurrency sales pitch was a bunch of BS. The “$20 bitcoin blueprint” is just a bonus in the newsletter, but not the focus of it.

In the newsletter you get 12 months of information for $49. This includes updates on stocks, market news, trade alerts, and other things related. And of course with the bonus you basically get the same stuff in the realm of cryptocurrency.

Should You Buy a Subscription to Make It Rich?

I don’t know, do you really want to buy into this after that extremely misleading sales pitch? I know that is enough to totally turned me away from this and not even think about buying in, but the choice is ultimately up to you.

I wasn’t able to really find any legitimate reviews from buyers of this newsletter. All I was able to find were other reviews that were fake and created just to promote the newsletter earn money doing so.

Something else you should know is that this newsletter is published by Agora Financial, which receives plenty of complaints and is well known for publishing newsletters that are promoted under very misleading sales pitches such as this one and two others that I have reviewed: “Freedom Checks” and Real Wealth Strategist.

Just to give you some proof about what I am talking about with this company, take a look at their ratings by the Better Business Bureau…

They are not rated by the Better Business Bureau themselves, nor are they accredited, but just take a look at all of the negative reviews and customer complaints. I have looked into this company on other occasions and from what I have found most of the complaints are from people that feel they have been suckered into buying a product without knowing what they were really getting into, and another popular complaint comes from people that have been overcharged and have trouble getting the money back.

Conclusion on Everything

A very misleading sales pitch no doubt, but can you make money? I’m sure you can but there are a lot of things out there you can make money with and a product that claims to make it super easy for you to become rich in the cryptocurrency market is not something I am going to buy into. The bottom line is that it is not super easy to get rich in the cryptocurrency market. Yes there are tons of opportunities in this market and a lot of people getting very rich, but it’s not easy… What is even easier is to lose money in this market.

Anyway, I would love to hear your thoughts and opinions on all of this. And if you have bought into this newsletter and have a personal review I would also like to hear that. Please leave any questions or comments below and I will get back to you soon 🙂

 

Read More
seven figure formula
Investing

Greg Guenthner’s Seven Figure Formula Review – Is It as Good as It Claims to Be?

seven figure formulaSo I’m guessing that you just heard some ridiculous sales pitch and are suspicious of whether or not Seven Figure Formula is it legitimate? Is there really a “secret formula” that you can use to get rich trading penny stocks? Or is Seven Figure Formula a scam that is just going to leave you frustrated and discouraged the end of the day?

I also decided to look into this Seven Figure Formula after hearing some very over the top sales pitch which really raised my suspicion. And here we are now… Here’s my review after doing a bit of research to see if this is really something that I or others should buy into. And by the way, I am not promoting this product so you don’t have to worry about me trying to make this seem better than it really is like some other reviews out there do.

Seven Figure Formula Review

Seven Figure Formula has your pretty typical extremely misleading and overly hyped sales pitch that I have come to expect with financial newsletters published by Agora Financial. This publication company is a well-known for having many complaints from the various dubious business practices that they use. I’ve reviewed other opportunities from them, such as Freedom Checks, Real Wealth Strategist, $20 Bitcoin Blueprint, and they all use these very misleading and overly salesly sales pitches. But anyway, I’ll be going more over this later.

What is Seven Figure Formula exactly?

Well, what they tell you is it that it is some “secret formula” that you can use to get rich off of penny stocks. It is claimed to be based on some computer program called factor 148. And the code that the system runs on somehow forecasts big gains certain penny stocks.

Now of course none of this is backed up by any proof, and I’m guessing that this is just part of the misleading and deceptive sales pitch that I was expecting from a product like this, but you can come to your own conclusion on this.

The Creators

The computer program that makes all these predictions was developed (allegedly) by a man named Jonas Elmerraji, who is claimed to be some genius computer nerd. And the chief editor of the newsletter is Greg Guenthner, who has edited similar newsletters in the past such as Penny Stock Fortunes and Bulletin Board Elite.

I didn’t do too expensive of research on either of these two fellows, but from what I found they are both senior market analysts at Agora and have been doing this kind of thing for a while now.

What You Get When You Buy In

Monthly Report 

This is the core of the newsletter. Every month you will receive a report that suggests at least one penny stock that they have research and believe has the potential to grow 100% or more over the year.

Weekly Updates

You will receive a weekly update on how everything is going with the model portfolio. This includes news on the different companies that have been recommended for investing and just anything important that is related.

Explanation of How It Works

Apparently they are going to be explaining how their computer program works and why it is so effective. I would love to hear more information on this and would love to see if it matches up with their sales pitch.

Other

You will also get updates on the market when there are urgent situations, such as when a trade should be made immediately. You will get access to the members area website where you will be able to see all the recommendations that were made, go through some training, and have other resources at your disposal.

The Cost

There are three different tiers of membership that you can but into. You can buy the cheapest silver membership for $49 per year, the platinum membership for $79 per year, or the gold membership for $89 per year. There isn’t much difference between the memberships. The only difference I see is that the more expensive ones give you access to a printed version of the newsletter whereas the silver membership only gives you access online…

What Other People Are Saying

So I did a lot of digging around and came up short when trying to find member reviews. I couldn’t really find anything from people who signed up and have been taking the advice of the newsletter.

So what I ended up doing is I took a look at the Penny Stock Fortunes newsletter product that Greg Guenthner is involved with. It seems to be very similar and I was able to find reviews on it so at the very least it gives me an idea of whether or not the information that this guy provides is any good and worth trusting.

Based on what I found the newsletter seems to be decent. People report modest gains from following its advice. It certainly isn’t a miracle worker but overall the advice seems to be decent. So hopefully this is what you can expect from Seven Figure Formula.

Conclusion on Seven Figure Formula – Should You Buy Into It?

The price of Seven Figure Formula really isn’t too bad. You can go with the silver membership for only $49 and get an entire year’s worth of advice. That’s not a bad price but of course whether or not that is a good deal entirely rests on the performance of the different penny stocks that are recommended.

If I were you I would do more research into this before hand. As I mentioned earlier this newsletter is published by Agora Financial, who is very well known mostly in a negative way. They are pretty notorious for publishing newsletters with extremely misleading sales pitches as well as overcharging customers and making it difficult to cancel subscriptions.

Just to give you a peek at what I am talking about here, take a look at the recordings on the Better Business Bureau’s website… They are not accredited by the Better Business Bureau so they do not have an official rating, but you can see that they have quite a hefty amount of negative reviews and complaints.

So just know what you’re getting into before you buy into this. And unfortunately this is the time to be difficult to research and really find truthful information about because of the misleading sales pitch and the fact that it is hard to find any real member reviews of it.

And as always, leave any questions or comments that you might have for me below and I will get back to you as soon as I can 🙂

Read More
Lifetime Income Report
Investing

Is Lifetime Income Report a Scam? – Review of This “Little-Known Social Security Contract” Opportunity

The Lifetime Income Report pulls one heck of a over-hyped marketing stunt. You will see ads for this with statements like “How to Get as Much as $17,200 Thanks to a Little-Known Social Security Contract” and all sorts of very luring lines. But is this really what it claims to be? Are people really making easy money from “special situations”? Or is this all a bunch of hoopla? Is Lifetime Income Report a scam that is just going to leave you frustrated after buying in?

In this short review I’ll be going over what you need to know. The truth is that after listening to the sales pitches for Lifetime Income Report that are out there you probably have no idea what it really is. They are very misleading and they make it seem better than it really is. Most of it is a bunch of misleading hype.

Lifetime Income Report Review

You are lead to believe that it will be giving you some “secret” that has something to do with collecting social security or something of this nature. But it has nothing to do with government social security. The people marketing this product are playing on retirees fears of not having a well funded retirement. They know they can lure people in with the words used so that is what they do.

They claim that the Government Services Administration (GSA), which funds the regional social security offices, also partners with the private sector. And they have somehow found a way for investors to participate in this arrangement and capitalize on it.

They make it seem as if you just somehow add your name to some list and receive cash payouts like clockwork…. legally.

Well what the hell does that mean?

I was doing some research and came across another article online that was trying to also figure out what the hell they were talking about here. The writer found a match to what this Lifetime Income Report sales pitch is describing… and it makes sense.

What they are talking about is the Government Properties Income Trust (GOV). The GOV is Real Estate Investment Trust that distributes 90% of its income to shareholders. And the partnership that they talk about with the Social Security Administration is actually nothing more than property rental. The GOV leases space to the Social Security Admin.

So this entire sales pitch is extremely misleading. This “little known social security contract” has nothing to do with anything. Its just a marketing stunt. All they are trying to get you to do is invest in GOV shares.

You don’t just add your name to a list. What you really have to do is invest in stock and then you will be added the list for dividend payouts.

What Is Lifetime Income Report?

Lifetime Income Report is an over-marketed and over-hyped newsletter, very similar to Freedom Checks and True Momentum, that is edited by Zachary Scheidt and Jody Chudley. Basically its a financial newsletter that is focused around stock market investing. There are other bonuses including but at the core of this product is the monthly newsletter, which is available by a paid subscription.

This is nothing more than an information product. It isn’t some system that is going to make you rich. It doesn’t do anything for you. Its just information advice that can help guide you in the right direction and hopefully lead to you picking up some good stocks in your portfolio that make you money.

The goal here is to collect dividends from stocks you invest in and earn a passive lifetime income. The GOV stock that I just mentioned above isn’t the only one. That is just the one they are using for the sales pitch. In the newsletter there will be advice on other stocks you can invest in and so on.

What It Includes

12 Full Issues of the Advisory Newsletter

This is the meat of the Lifetime Income Report. From what I’ve read there is a hefty amount of research done by Zach and the team. Plenty of detail here and

Email Updates

You will get email updates about what is going on in the market. If there is a good time to buy or sell a stock, you will be alerted.

Support 

You will have access to get support from the support team.

Tax Reduction Strategies

Here you get strategies that might be able to help you reduce paying taxes.

Market Forecast

Zach and the rest of the team will give brief forecasts and updates on the market. This will not go into depth on anything but will give a basic overview of what is going on and what might come of it.

The Cost

The cost really isn’t too bad for the product itself. A subscription to the newsletter will cost you anywhere from $49 – $89/yr depending on what level of membership you buy, Silver, Gold or Platinum.

However, you are also going to need money to invest of course. After all, this is an investment newsletter. So not having any money available is a problem and would make this pretty much worthless to you.

Does The Advice Actually Work?

Well… lets take a look at some real results from people who have actually subscribed to it. There is an ongoing survey where customers can review this product and as I’m writing this there are 63 votes and the overall rating is 1/5, which is pretty darn awful…

The breakdown of this overall rating comes from the investment performance, quality of writing/analysis, value for price and customer service. The investment performance is probably what most people are interested in here and as you can see below it got a 2/5 with 20 votes…

Based on what I gathered from this source and other sources the stock picks that they advise you on in the newsletter are nothing special. Don’t get me wrong here, there are people who are profiting from the advice given but overall there is a lot of distaste for the product.

Is Lifetime Income Report a Scam?

If you search around online you will find reviews like the ones I took a screenshot of below that claim this is all a scam…

But is it really?

In my opinion it isn’t a scam. HOWEVER… this depends on what your definition of a scam is. Its true that the way they market this product is extremely misleading, but there is value in the product itself.

So it just depends. If you are expecting some secret way to put your name on some list and receive tons of money from something that has to do with social security….. then yes, you will think this is a scam.

The marketing for this product is unethical without a doubt. Its so misleading and a lot of people are going to get ripped off from buying in with higher expectations than they should have.

By the way…

The 53 year old guy that you might have heard them mention in one of their various sales pitches who made over $18,000 last year from this “little known social security contract” would have had to purchase around 43,000 shares of GOV to make that much. So don’t get the misconception that this is actually possible like they make you believe.

Conclusion on Lifetime Income Report

There are people that like the information provided from this newsletter but the majority of people seem to feel ripped off and scammed. And rightly so… after all.. many are buying in with no idea of what they are really buying into. And its not their fault. Its the fault of the extremely unethical marketing that is going on pushing this product out.

But this is not surprising to me at all. This newsletter is published by Agora Financial which is well known for pulling this crap.

On a different note: Since you are looking to make money I also want to throw out there this program which I recommend. I’ve been a member since 2015 and make a living working online with it. You can read more about this here.

If you have any comments or questions be sure to leave them in the comment section below here ?

Read More
Profitable Morrows
Investing, MLM's

Is Profitable Morrows a Scam? – A Few Red Flags

Profitable MorrowsProfitable Morrows is a wealth management company that claims to provide very high returns on investments… as much as 4.5% daily. But is this the real deal? Or is Profitable Morrows a scam that you need to avoid?

In this review I want to go over a few things that everyone should be made aware of beforehand. This is not exactly the type of place that you can trust. Things just don’t add up or make sense to me and for that reason I’m led to believe that it more than likely is a scam.

Profitable Morrows Review

Profitable Morrows is a wealth management company that offers exciting global investment opportunities run by the CEO Aaron Cooper. The company is registered in Australia but there is something strange about this that I’ll be going over.

The investment opportunity that Profitable Morrows provides is promoted as being a sure way of making tons of money. They claim that its as easy as registering, investing money and making profits.

Investment Plans

There are only 2 investment plans that you are able to choose from, the Daily Plan and the Fixed Plan.

The Daily Plan runs for 34 days and claims to provide a massive 4.5% interest daily. After the 34 days are up you will supposedly have a total ROI of 153%.

The Fixed Plan runs for 12 days and promises a 112% ROI.

Let those numbers sink in for a second. How can this possibly be real? These are insane returns and to be able to promise fixed rates of return like this is something that you normally see in Ponzi scheme investment programs or things like this.

What Do They Invest Your Money In?

For them to be able to provide investors with such massive returns they must be investing in something magical wouldn’t you say? What could this possibly be?

They tell you that their financial portfolios consist of investments in strategic assortments of high yield assets. Ok this is all fine and dandy but what are these “high yield assets”?

The only thing they tell you on their site is that one of their most profitable areas of investment is in Australia’s tourist sector. They tell you that tourism is booming and about how Australia is ranked as the 8th most popular tourist destination.

I don’t doubt that tourism is a big business in Australia and that the industry is booming…. but 4.5% daily??? Come on now. There is absolutely no way that you are going to make even close to this much investing in the tourism sector.

Referral Program

You can earn up to 15% commissions by recruiting in new investors.

Their commission structure goes down 3 levels and the amount you will earn depends on your rank, which are either a standard affiliate or a representative.

Standard Affiliate

  • Level 1 – 10%
  • Level 2 – 1%
  • Level 3 – 1%

Representative

  • Level 1 – 15%
  • Level 2 – 2%
  • Level 3 – 1%

What this all means is that you can recruit people in and earn money from what they invest (level 1), then you can earn money from the investments of the people that they recruit in (level 2), and then you can earn money from the investments of the people that they recruit in (level 3).

There is nothing wrong with having a referral program like this. However, this is a necessary characteristic of a Ponzi scheme, which this has the potential to be.

Who Is The CEO Aaron Cooper?

The CEO’s name is Aaron Cooper, or at least that’s what they tell you.

Profitable Morrows Aaron Cooper

The problem I’m having here is that there is no information on this guy whatsoever. All you know is what they tell you his name is, his picture, and that small quote they show you…. that’s it.

I tried searching for more info on this guy but came up short. There is nothing on Google or anywhere that I can find on this particular Aaron Cooper. I also tried doing a reverse Google image search to see if this same picture was being used elsewhere, because scams will often take images from other places online and use them as their own, but I found nothing here either.

So pretty much there is nothing known about the CEO here. And after reading over some other reviews it seems that no on knows anything about him.

So the question is how can you trust this place if the guy in charge is a complete ghost?

Something Strange I found

One thing that I found very strange has to do with their company registration. On the website they tell you that they are a registered financial company in Australia. I went to the Australian Securities and Investment Commission’s website and looked it up. Everything looked good here as you can see.

However, when I went to look up the ACN number, which is the Australian Company Number, I could not find anything. 

I really don’t know what to make of all of this. Its very strange and things aren’t adding up. At the very least this is a red warning flag for me that something strange might be going on.

Ponzi Scheme or Not?

The question of whether or not its a Ponzi scheme is debatable but very likely in my opinion. Things just don’t add up.

First they tell you that you can earn 4.5% daily, which any veteran investor knows is absolutely insanely high. Then they tell you that one of their most profitable investments is in the tourism sector, which doesn’t add up. Then there is no information about the CEO that is supposedly running this company, which is common sign of a scam. And lastly their ACN number can’t even be found in the system.

So what the heck is going on here?

The bottom line is that you just cannot trust this place, especially with all the similar ponzi schemes floating around out there like Ryna Holdings & Resonance Capital.

Final Thoughts

Like I said, you cannot trust this place. They are holding big secrets because what they tell you does not make sense. Because of this lack of transparency you cannot trust what they say.

If this is in fact a Ponzi scheme then I would advise that you avoid it. With Ponzi’s only those at the top of the pyramid make money while the majority of investors lose money. This is how it always works and how it has to work due to their structure. So while some people might make money with this it is not a smart investment.

But if you do decide to invest just make sure you don’t invest more than you can afford to lose.

As always, leave any comments or questions below. One more thing: You might be interested in taking a look at how I make money online. If so you can read my guide to making money online here. In it I go over what I do, how it all works and how others can get started doing the same.

Read More
Ryna Holdings
Cryptocurrency, Investing

Ryna Holdings Review – Scam or Good Investment Opportunity?

Ryna HoldingsRyna Holdings claims to be a great investment opportunity that you can make a lot of money with. But is this place really that great? Or is Ryna Holdings a scam that is just going to leave you with less money than when you started?

In this review I will be going over what Ryna Holdings is, what they provide, some major concerns I have about what they are doing and more.

Ryna Holdings Review

Ryna Holdings comes off very “salesy” which made me suspicious right away. The one promo video I watch was basically them just showing fancy sports cars and telling me that I could become rich. While I would love to have this life I don’t like opportunities that promote themselves like this.

But anyways… what is Ryna Holdings?

They are an investment service where you can buy different investment packages and make money off of their investments. Basically what you are doing is investing in them and they are investing in crpytocurrencies, stocks, FOREX, and they are also trading in these markets.

They claim to be a great way to make money and claim to be made up by a team of very experienced professionals but I have some concerns about this.

In addition to the investment packages they provide you can also make money by recruiting in others to invest in the company. This is why you might see a lot of people promoting this place.

Investment Packages

There are 3 different investment packages you can choose from. These include…

  • Basic Package: $10 – $1,000
  • Top Package: $1,001 – $5,000
  • Ultimate Package: $5,001 – Higher

Each package lasts for 1 year.

In the FAQ section of their website they tell you that they deal with cryptocurrencies, stocks and FOREX but when you look at these investment packages they make no mention of stocks or FOREX. They only mention cryptocurrenies so I don’t really know what’s the deal with this.

They claim these packages will provide a certain amount of ROI daily. The more you invest the more you earn. I’m very suspicious of this because I both invest and trade cryptocurrencies myself and I know how volatile the market is. I don’t understand how they can promise certain returns like this.

The MLM Side of It

Another way to earn money is by recruiting in other investors. They have a compensation plan that has 9 different ranks and 9 different levels.

When you start out at the first rank of Shareholder you will only have access to 2 levels of the compensation structure. But as you move up the ranks you will be able to unlock more levels until you eventually unlock them all.

You will be able to earn commissions from each member’s investment in your downline based on the percentages below.

  • Level 1 – 7%
  • Level 2 – 4%
  • Level 3 – 3%
  • Level 4 – 2%
  • Level 5 – 2%
  • Level 6 – 1%
  • Level 7 – 0.5%
  • Level 8 – 0.5%
  • Level 9 – 2.5%

If you are unfamiliar with how mlm’s work basically what they do is allow you to earn income from the people you recruit in, from the people that they recruit in, and so on. They often have a bad reputation because they create a very uneven income distribution where those at the top make the majority of the money.

Concerns

My concerns are that this investment opportunity might not be legit. Why am I worried about this? Well because they have a very lucrative mlm structure which does mean its a scam or anything but is something that makes me suspicious… and they don’t really tell you much of anything about them.

Lack of Information

Who is the team behind this? We don’t know. They claim that their team is “made up of highly experienced securities and trading professionals” but  I don’t see any proof of this actually being the case. All this is to me are words that are not backed up.

The also don’t offer any information about what they actually do.  They tell you that they invest and trade in cryptocurrency as well as Forex and stocks but don’t give you any proof of this. They have absolutely no track-record and no way to verify any of it.

It would be nice if they would give a little detail about things before wanting people to throw their money at them.

Possible Ponzi Scheme

This seems like it could easily be a Ponzi scheme to me. In a Ponzi there is no real value provided and the new incoming investments are distributed to older investors. Ponzi schemes are illegal in many parts of the world because when the money stops flowing in they collapse and the majority of the people involved lose money. Only those that got in early and are at the top stand any chance of gaining.

The reason I think it could be a ponzi is because it has many characteristics of other ponzi’s that I’ve reviewed like Bitty Cash, Resonance Capital, Invia World, etc. It has different investment packages and really pushes investors to go out and recruit other investors in. But of course its not going to say that its a ponzi if it is.

Conclusion on Ryna Holdings – Good Opportunity?

I definitely don’t have enough proof that this is a scam but at the same time I don’t have enough proof that it is a good opportunity. Their lack of transparency and overall lack of information is worrisome and because of this it is impossible to do a good in-depth review of this place. There just isn’t enough to go off of.

And the fact that there is barely anything to go off of is what is so concerning. Well that and the fact that they push people to recruit others in with their 9 level mlm structure.

Ryna Holdings could potentially be legit but I think there is a much higher possibility that they are not. It is very likely that this is just another ponzi that is doomed. Because of what I see I will not be investing that is for sure. However, you can do what you want to. I don’t advise it but if you do invest just make sure not to put in any more money than you can afford to lose. Stay safe.

Leave any questions or comments you have below and I’ll get back to you soon 🙂 Also you might be interested in taking a look at how I make a living online Here.

Read More