Ultimate Wealth Report is just another guide which is supposedly teaching people how they should invest their money in real assets that are thought to be relevant for the market and which have only positive predictions. Therefore, Ultimate Wealth Report it is not only about investing in shares, FOREX, or indices. Is this program really working or is it a scam?
About Ultimate Wealth Report
The guide, Ultimate Wealth Report, is published by NewsMax Media, Inc., and has been written by Sean Hayman, a financial expert with a lot of TV appearances on networks like CNBC, Fox, and Bloomberg.
However, lately, due to poor results, NewsMax Inc. replaced Sean Hayman with Andrew C. Carpenter for the Ultimate Wealth Report Reviews.
The company claims that Ultimate Wealth Report is read, on a monthly basis, by around 50,000 subscribers.
NewsMax Media, Inc. was founded in 1998 by Christopher Ruddy (who has also been the company’s CEO ever since) and it is registered with the BBB (Better Business Bureau) having an A+ rating.
On the BBB, there are 29 registered complaints against NewsMax media, Inc., the majority of which is related to automatic billing of the clients’ bank accounts even after canceling their subscriptions.
However, the company’s customer support offered quick responses to every complaint in part, right on the BBB site, and even solved the most of them.
Ultimate Wealth Report is a monthly newsletter that tries teaching people how to adopt and implement three different investing strategies:
- Technical Strategy – is represented by the analyzing of a company’s characteristics, usually by analyzing a company’s supply and demand factors.
- Sentimental Strategy – Other investors POVs on a company. According to the sentimental strategy, when investors consider a company as good and reliable, the company’s stock price will go up. Vice-versa is applicable, too.
- Fundamental Strategy – Based on the patterns of a company’s stocks prices, the fundamental strategy is designed to predict the trend of the prices, up or down.
Actually, Ultimate Wealth Report is a guide that will teach you how to invest your money in undervalued companies’ shares or foreign currencies when these are on high-demand and have only one way to go: UP.
Basically, it about buying at the lowest price, waiting for the proper moment, and selling at the highest price possible.
Moreover, the Ultimate Wealth Report is claiming that all the investments are low-risk ones, and will return huge profits.
In fact, these strategies have been applied by investors since the beginning of the stock market, therefore is nothing new here but do they really work? Should you listen to Ultimate Wealth Report’s monthly newsletters and invest your money in the companies’ stocks they talk about? And, what if every Ultimate Wealth Report subscriber will invest in the same company’s stocks? I’ll cover these questions in the next sections.
Pricing and refund policy for Ultimate Wealth Report
The website is apparently operated by the new publishing’s editor, Andrew C. Carpenter, a financial journalist and husband for Lynn Carpenter, a famous value investor from South Florida.
Both sites are leading into the same, so you can subscribe on each one you want.
Ultimate Wealth Report comes in two versions, Digital or Printed, with 1-year subscription or 2-years subscription
- Digital – $99.95
- Printed – $109.95
- Digital – $159.95
- Printed – $174.95
With any new subscription or renewal of older subscription plans you’ll receive gifts in value of $59. These gifts are books in Digital or Printed forms written by famous stock market experts such as Warren Buffet or by NewsMax Inc.’s journalists such as Michael R. Berg.
Additionally, if you’re not satisfied with your subscription, you may cancel it in the first 60 days and you’ll get a total refund. Plus, you’ll also be allowed to keep your gifts.
Ultimate Wealth Report Reviews
Other sites specialized in reviews rated Ultimate Wealth Report with 3-stars out of 5, on average.
Subscribers are also on the middle when it comes to their opinions on Ultimate Wealth Report. Some of them are seeing the monthly newsletters as nice and easy-to-understand tips on how to make the right investments in low-priced assets, while others are complaining about some flaws they’ve noticed regarding the tips offered.
One question that arise is what if everyone will invest on the same asset?
Warren Buffet would have answered ‘if everybody…’. The idea is that it is less likely that everyone will invest in the same asset, at the same time.
However, subscribers’ concern is that Ultimate Wealth Report could be a pump and dump scheme. At the moment of this review, I couldn’t find any clue leading in that direction, not even one subscriber claiming that Ultimate Wealth Report is a pump and dump scheme.
Pump and dump scheme is a fraudulent technique that involves attracting lots of investors into investing their money in low-priced shares of the same company, under the promise that the price will explode in the close future leading to huge profits for everyone. For the scheme to work, the brokers will lead false campaign and will apply misleading techniques to make people think that the respective company is on growth.
However, when the brokers involved dump selling the falsely overvalued shares, the price will fall and the investors will lose their money.
Conclusions on Ultimate Wealth Report
Remember that Ultimate Wealth Report is a monthly newsletter which will train you on how to invest your money in real assets that are low-risk, cheap, and which have positive predictions. These newsletters will teach you to combine three trading strategies (technical strategy, sentimental strategy, and the fundamental strategy).
If you want to subscribe, you’ll have to pay $99.95 for 1-year subscription plan for the Digital version, or $109.95 for the printed one. 2-years subscription plans will cost you $159.95 for the Digital version, or $174.95 for the Printed version.
Even more, for every new subscription or for renewing your old membership plan you’ll receive gifts in value of up to $59. The gifts are extra learning materials, in essence, in forms of books written by master of stock trading, like Warren Buffet, or by NewsMax Inc.’s journalists, like Michael R. Berg.
In its favor, the Ultimate Wealth Report has received lots of positive reviews and has ratings of 3-stars out of 5, on average, on other specialized review sites.
I do not recommend Ultimate Wealth Report as a monthly trading signal alert program which should be followed word-by-word by investors. However, I see it more as a good investing guideline.
In conclusion, I recommend Ultimate Wealth Report as a learning tool for people who want to learn about different strategies of trading and who wants to be updated with the latest news regarding the companies which have low-priced shares and positive predictions for the close future. One last advice to you is to always do your research from different sources before investing your money on the stock market.