Can anyone follow the 10 Minute Millionaire strategy by DR Barton Jr. and become a millionaire? Is it really that simple? Or is this all just one massive scam that is going to be a waste of your time and money?
Now I would be completely okay with "12 minute millionaire" or even "11 minute millionaire", but "10 Minute Millionaire"??… This just seems a little bit too good to be true.
But seriously… All jokes aside… There is a heck of a lot of hype surrounding this and it is no wonder why you are wondering if it is a scam or not. You have to be cautious these days. There are way too many scams out there and if something sounds a little bit too good to be true, often times it is.
But anyways… In this review I will be going over what exactly 10 Minute Millionaire is, what you get if you buy into it, what real subscribers are saying about it, and ultimately whether or not it is a junk scam or worth the money.
Spoiler alert: This is not the amazing moneymaker that you are led to believe it is.
The 10 Minute Millionaire Review
Product Type: Investment newsletter service
Editor: D.R. Barton Jr
Publisher: Money Map Press
Recommended?: Not really; you will see why
Overview: What Is The 10 Minute Millionaire?
Okay… So what the heck is this to begin with?
Well… There is the book by DR Barton Jr called 10 Minute Millionaire and then there is his subscription newsletter service called 10 Minute Millionaire.
The book basically describes his strategy and is a lure to get people to buy into his subscription service. In the subscription service is one where he recommends different trades every month that you can follow along with and hopefully make money based on his expert investment advice.
I have seen promotions for his services where he claims that people can start using his strategy to bring in thousands of dollars per month, and it doesn't matter your age, gender, income, or even starting investment. Now I completely understand that it doesn't matter your age or gender… But it definitely matters what your starting investment is. When it comes to investing the potential returns you can receive are directly affected by your starting investment… Everyone knows that.
As I mentioned, this book is focused on the strategy that Mr. Barton created. The book got its name because he claims this strategy only takes 10 minutes of time per day and is the "most simple" and "most lucrative" trading strategy out there.
In fact, he even claims that it is the "secret anyone can use to turn $2500 into $1 million or more"
But most of the promotional material is a bunch of crap, and this book is nowhere nearly as amazing as you are led to believe. Just take a look at some of the many negative reviews from Amazon, where it is also sold...
The Subscription Service
And then there is the subscription service. With this service you get a monthly newsletter on new investment opportunities, you get weekly updates, alerts if there is anything Mr. Barton recommends doing immediately, and more.
Basically you get to follow along with Mr. Barton's current recommendations and this takes the guesswork out of investing.
His strategy is based around finding what he calls "extremes", which are anomalies in the market that have high potential to increase drastically in price, thus hopefully earning you a ton of money.
Besides the normal 10 Minute Millionaire subscription service, he also offers a higher tier service called the 10 Minute Millionaire Pro, which is an upsell that will be pushed upon you if you do subscribe to his normal service. I'm not sure exactly how much it costs, but I'm guessing it's pretty expensive.
As I mentioned, the promotional material out there that is being used to lure people into this subscription service is pretty darn misleading.
There is one teaser floating around called "Federal Rent Checks", which I actually wrote a review on, that basically leads people to believe that all they have to do is put their name on some list to begin collecting monthly checks due to some law passed by Congress.
The sales pitch is absolutely ridiculous and much of it is complete BS. The real opportunity that he is talking about is investing in companies that collect rent from federal agencies and pay out dividends to shareholders.
And of course the lure is that you can get your piece of the pie for free, all you have to do is sign up for his newsletter.
Who Is D.R. Barton?
You might not have a very good opinion of Mr. Barton if you just watched one of his promotional videos. They are a bit over-the-top and ridiculous. However, he is someone who definitely knows what he is doing.
Apparently he first started dabbling in the stock markets when he was working as a chemical engineer at DuPoint and ended up doing pretty bad, realizing that the common trading strategies out there don't work very good.
This led him to create his own trading strategy based on his knowledge of physics rather than economics. In the story goes that this strategy works so well he quit his job and started working as a hedge fund manager.
Today he is featured on places like FOXBusiness and CNBC, as well as being a New York Times bestseller.
He seems like he knows what he is doing… But is his subscription service really worth it?
Let's first take a look at what you get is a subscriber…
What You Get as a Subscriber to His Service
In a nutshell what you get is advice. You are provided with the recommended picks from Mr. Barton and his team but you are still responsible for making the trade yourself.
The different components to this membership include…
- The Success Network
- The Success Network allows you to connect with other members. You can network together and communicate.
- Millionaire's Mindset
- With the Millionaire's Mindset you get access to podcast recordings every week. In these recordings he talks about any new income opportunities, trading strategies, etc. These are to keep you updated.
- Millionaire's Roundtable
- This is a live video chat session in which you can ask any questions that you want to, although there is no guarantee that they will be answered. There also be information provided on the upcoming month and what it is looking like.
- The Newsletter
- And of course you have the newsletter. You will get emailed a copy of this newsletter every month and in it you will be provided with a review of performance and you will be kept updated with Barton's picks.
- Copy of His Book
- You get a copy of the 10 Minute Millionaire book that I talked about. He claims that this is a New York Times bestseller, but I couldn't really find any information on this.
- Income Ledger
- This is a notebook that you can use to keep track of your finances.
- Guide to Money Management
- Here he strays a bit from the main focus. This is about other opportunities out there that exist.
- Passport to Wealth
- The Passport to Wealth is all about being frugal and living like a millionaire without spending like one.
- VIP Card
- This is just the access to get to the concierge service.
Subscriber Reviews... Is It Really Worth It?
Well it seems like you get a lot, but is what you are getting actually any good? In order to answer this question is always a good idea to look at real subscriber reviews.
Unfortunately things aren't too good based on what I found… It has a rating on Stock Gumshoe of 1.7 out of 5 stars... not too pretty...
One of the reviews worth mentioning that I found talks about how it all seems to be a money sucking scheme. Basically they lure you in with the one subscription and then promote a bunch of other ones to you trying to get you to buy in…
I also noticed that there are no refunds available for this subscription. Once you sign up, there's no getting that money back. I think this is something that I definitely need to warn you about because they are not very straightforward in telling you this.
You also have to be careful because once you sign up, which costs $299 by the way, you will automatically be charged another $299 the following year if you forget to cancel.
But this type of shady behavior comes as no surprise to me, after all… It is published by place called Money Map Press.
The Shady Publisher Behind This Subscription
Money Map Press is the company that publishes the 10 Minute Millionaire newsletter service in unfortunately they're not exactly a place that many people would want to put their trust in.
This place offers a number of different financial subscription services with a number of different editors. DR Barton Jr is just one of them and 10 Minute Millionaire is just one of the many newsletter services. Fast Fortune Club and Money Map Report are two other services that I've reviewed here which receive a lot of complaints.
However.... They all are very similar. Of course they all have the common theme of being investment focused newsletters, and they also all get a lot of complaints about them.
Complaints like false advertising, no refunds offered, being charged without knowing it, the services being a waste of money, recommended trades seem to be given late, and so on.
I took a screenshot of a couple complaints about this place from the popular complaint board called Pissed Consumer that you can take a look at…
The company has over 30 reviews and an average rating of around 1.5 out of 5 stars... also not very pretty.
Scam or Not?
I do not think I would go as far to call this a scam, but this isn't really a place I would recommend getting involved with. Based on what I see, you just really can't trust this place all that much.
The incredibly misleading advertising tactics that they employ need to be stopped. They lead people to believe that they're going to be able to make super easy money when the reality is much different. And unfortunately we have no idea how well this investment advisement service really performs because, like many similar services out there, they only seem to publicize the trades that have made a lot of money while sweeping all of the bad recommendations under the rug.
I don't think I found one positive review out there that actually seems to be legitimate. Sure, you will find some positive reviews but often times the people writing them are getting paid to write them.
While I don't disagree with the fact that you can probably make money with this advisement service, there is no way I'm going to be recommending it to my readers. There are much better services out there in my opinion… Ones that are much more trustworthy and that do not lure people in with the hopes and dreams of making tons of easy money.
But anyways… I hope you enjoyed my review and found it helpful. If you have any comments about the 10 Minute Millionaire would love to hear them in the comment section below. Please also leave any questions down there and I'll get back to you as soon as I can 🙂