Nasdaq, the American stock exchange, reached an all-time high, andĀ the Bitcoin price is at an astronomical level. I think both of us can agree that right now might just be the best time to invest after all.Ā
And maybe you pondering on the question of whether the Lifetime Income Report is a scam or a legit financial newsletter is one of the reasons that got you to land on this page.Ā
Thereās no denying that this season was off to a good start considering that we saw quite an improvement compared to last year.Ā
If thereās one thing that we should all be thankful for, we finally see the light at the end of the tunnel regarding the pandemic.Ā
With countries finally being able to order doses for their citizens and are rolling out mass vaccinations, the people are finally entertaining the idea of going back to the streets and returning to the life they had before.
Some schools and universities are now processing plans for possible full-time face-to-face classes by the end of this year.Ā
On the other hand, companies and firms are starting to hire more people and are studying whether they should continue with the remote setup.Ā
easily the best way to make money online!
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But hey, thereās more to the story. š
The fact that the vaccines are ready, the stock market is being characterized by rising share prices.Ā
Initially, we all thought that the stock prices related to the medical field (like Pfizer, Moderna, Merck, Avantor, Thermo Fisher Scientific, and West Pharmaceutical Services) were the only ones on the rise.Ā
However, you might be surprised that many other connected fields have also been generating so much money from the pandemic. This includes:Ā
- Couriers: FedEx, UPS, and DHL.Ā
- Airlines: United Airlines, Southwest Air, Volaris, Cathay Pacific.
- Manufacturing companies: Arkema, Emerson, Trane Tech.Ā
- Retail chains: CVS Health, Home Depot, Walgreens Boots.Ā
- E-commerce and touchless payment schemes.Ā
- Tech companies: Microsoft, AMD, Nvidia, Nintendo.Ā
I could honestly go on and on with the list of all the sectors that have gained from the recent events, but letās skip that for now and focus on the real reason why youāre here ā your interest in investing.Ā
Perhaps you know a trader or saw a few port snaps on social media, and the repetitive posts may have made you question why havenāt you tried this opportunity still.Ā
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Well, if it comforts you, youāre not the only one. š
Towards the end of the past year, we saw a sudden rise in people interested in investing in the stock market.Ā
I suppose many people have decided to learn more about the stock market and the technicalities surrounding that subject, given that they didnāt have much to do during the lockdown period.Ā
I know that some of you might find it hard to believe, but trading, in general, is no longer just for the prosĀ but for teens too.Ā
Young adults see the stock market as one roller coaster ride where they can earn money straight from their phones using easy-to-navigate brokers likeĀ Robinhood,Ā eToro,Ā Webull, andĀ TradeStation.Ā
And to be honest, there is nothing wrong with that as long as they know what they are doing and are psychologically prepared for the consequences of trading.Ā
Since we are seeing these young investors earning so much with just minor investments, most of us are starting to like the idea of investing too.
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Nevertheless, the stock market does not have its trail. š§š£ļø
The long voyage to riches is difficult, especially for those who do not have time to monitor the market and learn the technicalities, fundamentals, and charting. And this is where newsletters come in.
You see, to trade better (especially for newcomers), you need to have some sort of guidance that can be your basis for every stock position.
One example is the Lifetime Income Report by Zach Scheidt of St. Paul Research. Allow me to share my honest review today to help you understand whether this is a good investment for you and your stock trading career. ā
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But before we dive into it, let me just state that I am not connected with St. Paul Research in any way, shape, or form, nor am I being paid by the company or by Zach himself to share my opinions. What you will read here are my honest thoughts about the newsletter and nothing more.Ā
By the end of this article, I will also share the exact step-by-step process ofĀ making a living onlineĀ and elaborate on why I believe my way of earning is somewhat better and more superior to trading.Ā
If that sits well with you, then off we go! š
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Is Zach Scheidt A Scammer?
I am a firm believer that the product is only as good as whoever is behind it. You see, when it comes to financial newsletters, there are lots of scams out there who are just giving out stock recommendations based on pretty much nothing at all.Ā
Some newsletters are written and published by people who do not even exist or those with sketchy backgrounds likeĀ Teeka Tiwari,Ā Jeff Yastine, andĀ Tom Gentile.
To spare you from the risks and for us to understand whether this financial newsletter is worth our time, allow me to introduce to you Zach Scheidt, the editor of the following advisories:Ā
- Lifetime Income Report
- Contract Income Report
- Income On-Demand
- Buyout Millionaires Club
- Family Wealth Circle.
Our guy, Zach, holds a degree in Business Administration from Lee University and an MBA in Finance from Georgia State University.Ā
Immediately after graduating, the young Zach joined SunTrust Bank as an accountant, where he dealt with costing analysis for bank products.
A year after that, he became the General Partner of Piedmont Investment Advisory, where he dealt with fund positions for eight long years.
Seeing that he is good at his craft, he co-founded the Mercenary Trader, an online community for aggressive traders.Ā
During that time, he wrote and gave financial advice to the famous publishing company Agora Financial.
Aside from those, he has also been selling his books entitled theĀ Congressā SecretĀ and theĀ Big Book of Income.Ā
He masterfully showed his expertise in income investing in those books and how you can imitate the same results.Ā
However, do note that even he consistently tells everyone that he is still āa student of the marketsā and does not know everything yet.
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And for me, thatās a good sign. ā
If you follow a guru in finance, that should be someone who is not claiming or promising that you will get rich just by observing them.Ā
At the end of the day, no one knows how the market will go. People can predict all they want and even use historical data, but we all know that past results do not guarantee future success.Ā
So, if you will ask me, I like it that he is not pressing anyone to follow him or his advice. Social media-wise, he has around 1.3k followers on Twitter and no Facebook page under his name.Ā
I happen to stalk him on his personal Facebook account, and it warms my heart to see how family-oriented he is. His posts are not about investments but of his seven beautiful kids, which he calls Sheidtlings.
We have been reviewing various investment editors for the past few months, but this is the first time I am seeing someone who posts more about his family than the investment calls and forecasts he makes. šŖ
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Unlike other popular editors aside from his website and his St.Paul Research page, I cannot really find him anywhere.Ā
I mean, he has not been invited by any financial media powerhouse or anyone at all. And this made me wonder if there is more to him.
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And guess what? My instincts never seem to disappoint. šš¤Ŗ
Apparently, back in 2019, our guy Zachary Scheidt was involved in bogus diabetes ācureā pamphletĀ and was found to be advertising claims that consumers of this so-called cure can collect $1trillion in Congressional or Republican Checks!
Given the gravity of the claim, theĀ FTCĀ has filed an official motion to block the publishers of āThe Doctorās Guide to Reversing Diabetes in 28 Days.āĀ
While he is not the leading writer for this report (Dr. Richard Gerhauser authored it), Zachery is the one writing about the Congressā checks!Ā
And the Federal Trade Commission found that the marketing materials used for the promotion of the checks are all photoshopped.
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So, what does that mean? š¤
Well, from the way I see it, Zach has the experience and the education, and we can all agree that he is good at what he does.Ā
However, the fact that he has a tainted past makes me want to stay away from him and any of his newsletters. Come to think of it, would you like to follow someone who FTC has sued? I donāt think so.
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Lifetime Income Report Review
Now that we know that the editor of this newsletter is not as credible as others, let us now move on to the Lifetime Income Report review.Ā
Like any other financial newsletter, the Lifetime Income Report promises to send financial advice related to debt, tax, and investments. It is published by St. Paul Research which is under Agora Financial.
If you have been following this website, you probably have read tons of write-up about this company.Ā
You see, Agora is a big firm to deal with, and it has varied customer perceptions, as you probably can see from theirĀ BBBĀ page.Ā
The company is legitimate, but the quality of their newsletters is still a bit on the edge as FTC has sued most.
So, if you will ask what my thoughts on this are, I still think that there are other newsletters out there that may be worth your time and have editors who are actually popular in the field.Ā
I am not saying that the Lifetime Income Report is not good, okay? What I am saying is that you have to be cautious about it.
The newsletter focuses on the idea of helping you earn around $17k through the super-secret āsocial security contract.ā
It primarily gives suggestions involving dividend-paying stocks, so your task is to stay invested for the medium to long term.Ā In this sense, if you are interested in gaining profits instantly, then this newsletter is one you should seriously consider skipping. ā
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This one focuses on helping you build money for future plans like retirement, possibly a home, or your childrenās education.
It claims that if you follow them blindly, you can earn regardless of the financial situation (like market crashes or sudden price fluctuations).Ā
For me, that claim alone is really sketchy as no one can ever guarantee that you will be on the green trend every single day. Even seasoned traders have losses, too, in real life!
For just $99 per year, the membership fee will allow you instant access to some of the following benefits:Ā
- The 12 Lifetime Income Report newslettersĀ
- A discount on the copy of the Big Book of IncomeĀ
- Weekly updates
I know that $99 may not be too much of a high price for some of you, but trust me when I say that there are far better newsletters out there.Ā
I mean, what I realized is that they do not actually post how much exactly should be capital or investment needed for their positions.Ā
You can indeed gain so much from dividend-paying stocks, but from my experience, you also need to shell out a lot to get gains.
I tried it before in the stock market, where I invested around $500 just to see if there would be some profits from it, and after holding it for five months, I learned that it is possible to earn a few dollars, but it will never be doubled or tripled, as they say.Ā
In this sense, I find it misleading that the Lifetime Income Report is not specifying how much precisely to invest to āfeelā the gains.
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Is Lifetime Income Report A Scam?
I cannot really say that the Lifetime Income Report is a scam since it provides what it says it will provide: a newsletter. However, if you ask me about the quality, I highly suggest staying away from this.Ā
Instead of investing $99 on them, I suggest you simply go online and search for ātop dividend-paying stocks this 2021,ā and you can find better suggestions like those fromĀ Investopedia,Ā The Motley Fool, andĀ US News.
At least these sites can give you enough information and analysis on how much you can earn. More importantly, there are things that I do not like about this newsletter.Ā
Firstly, the editor seems like a nice guy, but we cannot leave out that he has scammed people into believing about the Congressional Checks.Ā
Secondly, I wouldnāt say I like the fact that the Lifetime Income Report does not have clear explanations behind their stock picks, nor is it trying to help the members understand why the stocks are good enough.
Now, if you are really interested in experiencing a change in your finances, I highly suggest that you check out my most recommended way of earning online that is way different from stock trading.Ā
I mean, it may never have the same momentum that may earn you tons of cash, but this one is consistent and will pave the way for the type of income that can finance the life you want.
Interested in it? Keep on reading below. š
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How I Make A Living Online
I firmly believe that not all opportunities are created equal, nor should you try all of them. I mean, I totally understand the hype around the stock market and day trading, and even I, myself, can attest that itās indeed profitable.
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However, what I do not like about the market is that it is not beginner-friendly.
The stock market undoubtedly remains a great opportunity with even greater profit margins, but every so often, investors tend to forget about its riskiness and therefore face heavy losses.
Whether you win or lose depends mainly upon your decision-making skills and your ability to choose the right stock at the right time, which not many beginners are good at initially.
In this sense, if you think that you can simply sign up with a broker, invest some spare cash, and earn from it, then you are on the wrong track.
Like any other investment opportunity, you must put in a lot of time to understand the consequences and the gambles involved.
Now, suppose you want something thatās significantly less risky but can still provide you with consistent, long-term income.
In that case, I believe now would be the perfect time to introduce you to the very same business model to whom I owe my success and show you the exact step-by-step process of how I make a living online.
Please donāt get your hopes up thinking that Iāll be sharing some get-rich-quick type of scheme because those kinds of systems donāt exist, and even if they did, you sure as hell wouldnāt find them here.
The business line that Iāll share with you in just a minute works like a charm, but having said that, it does require your utmost attention, some level of perseverance, and a little bit of elbow grease.
To better understand what Iām dealing with and how I bring home the bacon, I suggest you take a look at my money guide, as it spells out everything there is to know about my line of business.šøš°
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Inside this how-to-book, I speak about some of the reasons that got me into this, a few challenges that came along the way, and I even share what I believe is the best way to get started online for nearly one buck per day.
Iām sure youāve heard of it before, but just in case you havenāt, Iād be more than happy to introduce you to it and share a few of the reasons why I think that my business model is far superior to trading.
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So, without further ado, what I do is called affiliate marketing. š
As an affiliate, my job is to promote and sell other peopleās products and services, and in return, I earn predetermined, most often than not recurring commissions.
Thereās no doubt in my mind that affiliate marketing is by far one of the best, most suitable, scalable business models for beginners out there.
Iāve tried a few of them throughout the years, and none of them work as well as affiliate marketing does.
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Whatever you do, just please donāt get me wrong. š
Iām not trying to say that other businesses donāt work. Itās just; people do need a reality check and must understand that not all of them are suited for learners like yourself, I presume.
Unlike other business models, affiliate marketing is significantly less complicated and will not require substantial start-up costs.
As someone who did both, I can comfortably say that online marketing beats trading every day of the week, hands down.
Online marketing is not as demanding, and you can literally get up to a thousand dollars per month in sales within a few months of starting.
Itās pretty affordable as all you need is a website, a course, and a little bit of time and effort to understand how everything goes. Basically, you need less money and less time to earn consistent income.
On the other hand, trading can grant you a lot more profit-wise, but your earnings wonāt be as consistent, and the stock market itself requires a lot more practice and study, which will likely lead you to lose even more money along the way.
Of course, thereās always the possibility of you being smarter than everyone else and therefore developing a winning track record sooner, but that probably wonāt be the case, and youāll end up losing all of your savings.
At the end of the day, the choice is entirely yours, and Iām just here to make sure youāre comfortable with whichever path you take.
I think itās about time I wrap this up, so hopefully, you liked my Lifetime Income Report review, and I was able to provide you with a solid answer of whether itās a scam and a complete waste of time or not.
If you happen to have any questions about any of the topics we discussed today, feel free to leave a comment below, and as usual, I promise to give my best to get back to you as soon as possible. š
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Even though he is a family man, the fact of having been called out before muddies these waters for me. Some things are very hard to overlook in life, like having unethical practices for the sake of money.
Values are the ultimate badge for any person, especially in business. That aside, trading is a great way to make money, but the problem is that most people want to jump in without proper training.
At least heās taken the time to try to educate the public.
Hi Steve, thanks for stopping by.
I entirely agree with you. Values always come first, and greed is a bottomless pit that you can never fill.
Thanks for taking the time to leave a comment.
I appreciate it!
It is so sad that you cannot trust some people, especially persons with a shady past in question.
This is actually the first time I have heard of this program.
Thank you so much for the insight and for sounding the alarm so people who come across it will beware and stay clear. The last thing anyone wants is to invest in a system that doesnāt live up to its name.
I appreciate the review!
It is what it is.
Itās not the first, and it sure as hell wonāt be the last.
Itās not necessarily that this program is a scam; itās just, Zachās past is truly keeping me from labeling the Lifetime Income Report as a legit newsletter.
There are plenty of alternatives out there, so by all means, please let me know if I can help in some way.
Iām glad you liked my review, Norman.
I hope to hear from you once again soon!
Thank you for this review on Zachary Scheidt and his Lifetime Income Report. Although he seems very knowledgeable, the fact that he was involved in the diabetes bogus claims makes me question if there could be phony information in his newsletters.
I agree that The Motley Fool has an awesome newsletter, which might cost more, but at least you know you are getting credible advice.
My words exactly.
I highly recommend the Motley Fool Stock Advisor newsletter. Based on my experience, itās such a great alternative to the Lifetime Income Report and definitely worth the cost.
By all means, try it out, and let me know what you think.
Thank you for giving me insights into Zachary Scheidtās past.
I agree that he knows his stuff. But also reading about his issues, especially the bogus diabetes cure pamphlet, I also prefer to stay away from his products.
Thank you very much for bringing all of this up. I would not have known if it werenāt for your review.
Thanks!
I hope it influenced your decision positively, Ann.
Thanks for stopping by, and I appreciate the kind remarks.
Hmm, Iām not sure that saying something both is and isnāt a scam is a strong endorsement. Iād rather see that measure firmly in the ānot a scamā column!
The MBA from Georgia State is a credential that will help corporate-types get better corporate jobs, but that isnāt a top business school that gets much attention.
I find a lot of red flags in the Lifetime Income Report, and itās good to see that Iām not alone.
I said it like that because the Lifetime Income Report provides what it says it will ā a newsletter. However, Iām not too fond of the contentās quality, so thatās why Iāve classified it both as legit and a scam.
At the end of the day, itās entirely up to you, the reader, to decide whether you want to follow through or not.