Tom Gentile claims that his Fast Fortune Club can make you rich, very rich… all with very little work required. But is this the truth? Should you take him at his word? Or is Fast Fortune Club a scam that is just going to suck the money out of you and provide you with little to nothing in return?
This investment newsletter subscription is often promoted as a way to "set up a serious of take-it-to-the-bank payouts of $605... $822... $1,190... $2,830 every single week" and I have even seen advertisements, like the picture shown above, of "Watch America's #1 Trader Become $1,050 Richer in 15 Seconds", as well as other things like this.
It definitely seems a little bit too good to be true right off the bat, but this doesn't necessarily mean is a scam. That said, I'm guessing that you are a bit suspicious of this investment newsletter service and your suspicion is what led you to my review here, which is good.
You have to beware of the many fake reviews out there. While doing my research on Fast Fortune Club (FCC as I will call it at times) I came across a number of fake reviews that work claiming that FFC is the greatest thing ever, but basically they were just another sales pitch and you can't really trust them all too much.
But anyways, in this review I will be going over what exactly Fast Fortune Club it is, the man behind it, some concerns I have, what you actually get if you subscribe, complaints and more. If you are thinking about possibly subscribing to this place you are definitely going to want to read this over first.
Fast Fortune Club Review
Newsletter Name: Fast Fortune Club
Editor: Tom Gentile
Publisher: Map Money Press
Recommended?: No and you will see why
What Is Fast Fortune Club?
Fast Fortune Club is an investment newsletter created by Tom Gentile, it was said to be "America's #1 trader" although it seems that this nickname does not hold to be true.
I'm guessing that you probably came across some promotional material for this newsletter and heard all about how it supposedly allows you to collect a series of profit each week, requires no guess work and all you have to do is follow along, and of course only takes about 10 minutes of your time a day. But there's a lot more to it than that.
Basically what a subscription to this newsletter gives you is investment advice from Tom and his team. He makes predictions as to what are good investments and you are alerted on what you should do… That is basically it in a nutshell, but I will go over what you get in more detail below.
First let's talk about who this Tom Gentile is though..
Who Is Tom Gentile?
Well... He is a millionaire that has over 30 years experience in securities and it dabbles in trading stocks, futures and options. He is also the author of several different educational books such as The Options Course, the Index Course and others.
However, his real "claim to fame" dates back to 1993 when he and a group of other people started a company called Optionetics, which is an options trading education company that was sold to Charles Schwab in 2009.
But is this guy really that great? Is he really some guru that is going to help you make a ton of money like him? Critics would say otherwise… Making the point that he really hasn't done anything all that great since founding Optionetics and selling it for a ton of money, besides authoring books and selling subscription services.
I'll get into what you get if you actually subscribe to this newsletter in a second, but first I want to go over some of the concerns that should be mentioned.
First off, the sales pitch for FFC it's pretty ridiculous and I think most people would agree with me that it is over-the-top. It sounds like a "get-rich-quick" type of deal and is somewhat deceptive. Typically don't want to fall for this type of foolery in the way in which this is marketed is definitely a concern.
It should also be noted that the company behind this newsletter, Map Money Press, doesn't exactly have the best reputation. In fact, it has a pretty darn bad reputation. This company does have an A+ rating with the BBB, but has an average of just over a 1 out of 5 star rating with over 50 customer reviews… Pretty horrible. Based on the number of complaints and bad customer reviews alone, this play should have a F rating, but the rating system that the BBB uses doesn't make all that much sense.
And if you read some of the complaints that people leave you will probably get an uneasy feeling in your stomach. There are a lot of complaints about the deceptive marketing tactics used by this place to promote their various subscription newsletters, such as talking about all the big winners and all the money that you can make, while totally leaving out the losers and money that has been lost because of bad advice.
There also a fair number of complaints about how they bombard you with emails for their many subscription services. Many people agree that they are only in it for the money and just want to suck you dry… Not really caring whether you make money or not. These sort of complaints remind me a lot of the somewhat infamous Agora Financial publication company, which also publishes financial newsletters like this.
What You Get If When You Subscribe
- Personal Money Calendar
- Allows you to make predictions for options trades based on the pattern recognition protocol created by Tom Gentile. Details on how to use this protocol are explained in a simple manner.
- Payday Appointments and Alerts
- Going along with the predictions made in the Personal Money Calendar, these appointments and alerts tell you when to do what you need to do to make trades.
- Million Dollar Masterclass
- You get a masterclass available to you on a monthly basis. These masterclasses deal with some aspect of trading, whether it be some new strategy, some "secret" that he has never revealed before, or something along these lines. With these classes you get a virtual walk-through with live trading demos.
- Quick Start Cash Course
- This is basically a beginners course that takes you through all the different types of trading, such as trading stocks, ETF's and options. It is divided up into 7 parts and gives you all the basics, even things like setting up your trading account and such.
- Text Message Notifications
- These are pretty self-explanatory... you can get alerted by text message when there is something you need to know, such as an immediate stock you should sell and so on. Things like this allow you to stay "in the know" much more easily without having to hop on your computer all the time.
- The Network
- This is a pretty nice feature of the club because it allows you to interact with other members. You can join chat groups, share strategies, and learn a lot from these other like-minded people.
- Progress Reports
- Progress reports are send out on a weekly basis and give you an overview for how everything is going. You will be able to see how the recommendations are performing and how much you are profiting.
- Every Friday Tom does a podcast that outlines the upcoming week and what his plans are. This isn't all that important but if you want to stay on top of things it can be worth listening to.
- I've reviewed a fair amount of investment subscription services over the years and I have to say that this is something no one else is really doing, and it is refreshing to see. The roundtable is a basically a live Q&A session with Tom Gentile. You can ask him questions in real time and hopefully get answers... although not guaranteed.
- Annual Summit
- Every year they hold a live summit where you can actually meet everyone in real life. You will be able to meet Tom and the team behind it all as well as meet up with other subscribers who make it out to the event. There are live training sessions held as well as other educational lessons.
Is His "Money Calendar" Really That Good?
The Money Calendar, which is a system Tom uses to predict good investment opportunities, is that the main part of this subscription service. This is the meat of it… This is what is either going to make you money, or cause you to lose money.
So is it any good?
Well of course Tom lead you to believe that his investment advice is going to make you rich, superrich, but the big concern is that he is lying and you can't really trust what you hear from the promotional content.
One thing I always like to do when I'm writing reviews like this is to try to find as many independent individual reviews as possible. You know, reviews left from people who have actually been subscribed to the particular service in question and have no monetary incentive to leave a biased review.
Luckily I was able to find many such independent reviews from the investment education site Stock Gumshoe and what I found is not pretty. With a total of around 500 votes, Tom Gentile's Money Calendar service has an average rating of 2.1 out of 5...
Now I don't know about you but a 2.1 rating just isn't going to cut it for me. When it comes to trusting someone's advice with my hard-earned money, anything below a 4 rating on a 5 star scale is just too low… 2.1 being a way too low.
And as you can imagine with an incredibly low rating like this, there are plenty of complaints… Which brings me to my next section, which is probably the most interesting and telling of them all…
There are a lot of complaints… Where to begin, where to begin?
Well, I guess I'll begin by showing this complaint, which I came across a lot of similar variations of, from someone being upset about losing most of the trades that Tom recommended…
There are a lot of complaints I read over from people claiming that he has been making a lot of losing recommendations lately. The big question is, has always been this way or is the market now just heading in a direction that is unpredictable based on his Money Calendar system?
But anyways, the bottom line is that there are a heck of a lot of people claiming that he has been recommending losing trades… Which of course he seems to do his best to cover up.
And now let's get to the more bold and ruthless complaints that really attack Tom and what he is doing, such as these ones that call him a scammer and state that the SEC should ban him from providing financial advice…
And then there is this rather detailed review left by a subscriber of Fast Fortune Club that goes over one of his losing recommendations…
And this is just a small piece of a much larger pie. There are tons of complaints about Tom and his newsletter service, but I don't want to bore you with them all.
It's All About Results...
When it comes to an investment service like this it is all about the results. We don't really care about how fancy or innovative the system is that he has come up with… We want to see results. Our his recommendations making people money? This is the big question.
Unfortunately it seems that the answer to this is that No they aren't making people money, or at least definitely not to the extent that you are led to believe. I've read comments from people claiming that out of a handful of recommendations only a few turn out to be winners.
The comment above said it best… Maybe this strategy used to work in the past, but it isn't now, yet Tom is still promoting it as this incredible newsletter service that is going to make you rich.
A Good Example of Deceptive Marketing
I think this all is a pretty good example of deceptive marketing. You are misled by these ridiculous promotions that are over-hyped, leaving out all the negative and only telling you about the best of situations.
It is a good example of the sleazy online marketing that has become all too common on the Internet.
Conclusion - Scam or Not?
Based on the research that I have done it definitely appears that this investment newsletter subscription is not nearly as good as it is claimed to be. But does this equate to a being a scam? Well… You can be the judge of this.
However, it is somewhat difficult to write a review like this when I have not been a subscriber myself since there is a lack of verified results from the recommendations made by Tom Gentile.... You know since he only talks about his winning picks and seems to cover up his failures.
But anyways… This is not an investment service that I'm going to be recommending to my readers. I just don't support this kind of misleading marketing and it doesn't seem that this service is going to be making anyone rich.
I hope you enjoyed this review and found it helpful. Please leave any comments or questions down below and I'll get back to you as soon as I can 🙂