Investing is not just about finding the right stocks but also being slick and following the styles of the best investors.Ā
Perhaps by now, you are wondering whether Paul Mampilly is a scammer or indeed one of the best financial advisors to follow today.Ā
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I donāt really blame you for questioning his legitimacy.Ā
After all, the trading industry is flooded by scammers, and you want to be very careful not to fall into any of their traps.Ā
With this in mind, I applaud you for doing your due diligence because having some support when it comes to the stock market is always a good starting point for beginners like yourself, I presume.Ā
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The stock market is not for everyoneās cup of tea. š
While it is true that it can be one fun roller-coaster ride for some, you also need to be aware that not everyone can stomach the shocking price plunges that can happen any minute without notice.Ā
Iām somewhat of a trader myself, and I canāt deny that from my experience, I was able to profit a few thousand dollars here and there and even managed to get my hands on some dividends.Ā
However, such moves exposed me to great risks, and although I made some profits, I came close to losing it all on multiple occasions.Ā
Thereās no denying that investors face the significant risk of losing money if they donāt know how to pick and time their preferred stocks.Ā
As much as we want to follow the basic ābuy low and sell high strategy,ā it doesnāt really seem to work that well, especially for beginners.Ā
As a matter of fact, if you follow this strategy, you might end up trading penny stocks, and as you might know, these can be truly volatile!Ā
If you do not know how to position correctly and when to cut losses, you might get yourself stuck on the flat line where youāll likely end up waiting months, if not years, without gaining anything. š
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Additionally, many professional traders are becoming gurus as they have consistently asked new investors to turn into day traders in a purely speculative play.Ā
Think about howĀ GameStop,Ā Sundial Growers, andĀ ZomedicaĀ followed a path. They started from nothing, got pumped to their best prices, reached their peaks, and dumped.Ā
With the fear of missing out, you might end up trading these and find yourself caught in the meltdown prices as many did.Ā
Another significant risk in the stock market is that there is no guaranteed profit at all. We can all say that youāll quickly gain by just staying invested at least 3 to 5 years, but that is just wishful thinking.Ā
Rising prices shown on historical data do not mean that a specific stock will remain on its bullish trend for the years to come.Ā
Therefore, there are still other factors at play, which can change the companyās capacity to operate and to provide dividends.
Iām trying to say that the stock market is not a ticket to winning in life, but it definitely can boost your finances if you care to understand it properly.Ā
easily the best way to make money online!
One of the most recommended approaches for beginners is to learn the principles by signing up with online courses (like those provided byĀ Day Trading Academy) or becoming a financial newsletter member.
In todayās post, I will walk you through my experiences with Profits Unlimited and give you my honest take on the question of whetherĀ Paul MampillyĀ is a scammer or not. After all, none of us would like to spend time and money on things that donāt work.Ā
Before I continue with my review, let me just note that I am not being paid to write this post, meaning that youāll hear my honest opinion, which may differ from the perspectives of others.Ā
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Suppose you have been reading my blog for some time now.Ā
In that case, you must know that I do not sugarcoat my explanations because (1) I seriously want to help others and prevent them from falling into scams and (2) allow you to get the most comprehensive discussion on these online products.
Now that that is out of the way, letās get the ball rolling.
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Profits Unlimited Review
The Profits Unlimited works just like any other financial newsletter out there, and it mainly provides information about the hottest stocks depending on its target niche.Ā
Here are some alternatives to it:Ā
As for Profits Unlimited, their analysts and editors are focused on technology, and these are good stocks for diversifying your portfolio.
However, please note that there is aĀ decline in tech stocksĀ as Iām writing this post, and people are reported to be shifting away from them.Ā
I entirely understand that this might drive you away from getting your hands dirty in this sector, but please know that technology is an ever-changing field andĀ will likely grow bigger and betterĀ in the future.Ā
The weekly stock recommendation for the Profits Unlimited newsletter includes companies dealing with IoT, artificial intelligence, blockchain, and self-driving cars.
What I personally love about this financial newsletter published underĀ Banyan HillĀ is that you can start it instantly, and thereās no need to invest loads of cash just to follow the recommendations.Ā
But to give you a slight idea of what their main tactic is, note that their recommendations are on small to medium-sized companies that have the capacity to become market shakers.
With this being said, you might not see suggested positions for big brands like HP, Apple, Facebook, or Netflix. Instead, they are more interested in capitalizing on companies that can provide price growth long-term wise. š
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Unlike other financial newsletters, they are clear on the notion that their positions should be open for at least five months to even three years!Ā
This means that you cannot withdraw money whenever you like, but I believe that employing such a strategy limits your exposure to risks.Ā
Come to think of it, and I think they made excellent calls when they issued positions in the following back in 2020:
- Analog Devices (from $88.67 to even $163.80 today!)
- Taiwan Semiconductor (from $227 to as high as $649 today!)
- Digital Realty (from $98 to $148)
- Maxim Integrated Products (from $53 to a stellar $98 today)
- Autodesk, Inc (from $107.16 to $299.34 today!)
Their list of stocks suggestions has been pretty good so far, but you should be aware that there have also been some losses.Ā
It would help if you didnāt worry about that much since there really is no way by which they can provide highly accurate suggestions all the time.Ā
But if you look at my examples above, the upswing prices are significant enough, and Iām being honest when I say that I could have never replicated that total return if it was just me on my own.Ā
When I first started with the stock market, I thought I should only accumulate stocks from top companies, but damn, was I wrong.Ā
There really is not much growth in blue-chip companies. There is consistency but nothing fantastic when it comes to prices.Ā
So, when I tried out Unlimited Profits, I enjoyed reviewing their previous positions that were transparently sent to my email each month (since it is updated with price suggestions and cut losses).Ā
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There are brave enough to post profits and even losses. š
Given its unique positions, I donāt really wonder why it was ratedĀ 4.0 stars by Stockgumshoe, and their published book about it has been assessed positively, earning aroundĀ 4.8 stars on Amazon.Ā
Regarding social perception about its publishing company, the Banyan Hill, please know that they areĀ rated quite well on BBBĀ andĀ Trustpilot.Ā
The company has been profiled byĀ CrunchbaseĀ and has been featured numerous times in the media.
You should also know that the financial newsletter and its editor are clear of any lawsuits, and Paul Mampilly is not part of the Freedom Checks controversy byĀ Ian King.Ā
Nevertheless, I always believe that where thereās smoke, thereās fire, and this is prompting me to remind you that you should never follow their recommendations blindly.Ā
As always, listen to their suggestions with a grain of salt as they provide advice based on analysis and experience. At the end of the day, you will still have to decide on your own.
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Is Profits Unlimited Worth It?
The Profits Unlimited comes at $47 for a standard subscription good for one year, $129 for a deluxe one including digital and print files, and premium for $79 including all those in deluxe as well as three bonus reports.Ā
This is one of the reasons why financial newsletters are such a hit since their sweet deals are perfect for those just starting out.Ā
And if you think about it, $47 is nothing compared to the possible growth of your investments with their help.
This newsletter is ideal for you if you are interested in tech industries and your investment horizon is in the long term.Ā
Additionally, you must understand that this is perfect for semi-risky investors, but this will not be as aggressive asĀ RickardsĀ proposed.Ā
If you want to get more value for your money in a short period, then day trading might just be the perfect option.
Regardless of what membership tier you choose, please know that the only service they provide is advice. (that you shouldnāt take blindly) š
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To gain more confidence in their stock suggestions, you can view their model portfolio and track their trade alerts by email.Ā
You still need to do your own research about the monthly stock suggestions and observe whether you will ride it out.
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Is Paul Mampilly A Scammer?
Paul Mampilly is one of the youngest financial editors I have ever come across, but he has the best track record among other gurus out there.Ā
Academically speaking, he has experience in business management, economics, and finance from different universities.Ā
He has over ten years of volunteer experience as a teacher and even a food distributor to make matters extra interesting.
His career started when he became an account assistant in 1989 at Chatham Street Management. After two years in service, he worked under Bankers Trust Company (6 years), Deutsche Asset Management (2 years), ING Funds (1 year), Kinetics Asset Management (5 years), Common Sense Publishing (1 year), Agora Financial and Stanberry Research.Ā
He wore different hats, including becoming a research analyst, portfolio manager, and even an author.
With all of those taken into account, we can all agree that he really has vast experience in the field, and this is why he has around 36.1 subscribers onĀ YouTube, 14k onĀ Twitter, and about 2.4k on Instagram.Ā
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Add to that is the fact that over 192 customers have rated his book.Ā
As of writing, there are no lawsuits against him, nor is his name connected to any FTC complaints. In this sense, we can comfortably say that Paul Mampilly is not a scammer and is definitely worth your time.
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Is Profits Unlimited By Paul Mampilly A Scam?
As I have said, the newsletter checks all the boxes when it comes to service. It does not offer anything new, but it works just as advertised.
Profits Unlimited is not a scam, and it offers opportunities for you to track down the companies that may or may not be on your radar.
Judging from their previous positions, you can see their good ability in identifying major market trends. Additionally, they will not allow you to journey alone by simply mentioning the top stocks.
Instead, their stock alerts come with detailed explanations, graphs, and historical data to have all the critical information before you make your move, which also paves the way for you to learn their strategy.
With this being said, I highly recommend it to beginners in the field due to its quality and meager price tag.
As I prefaced the article, I still firmly believe that not everyone can handle the stock market and therefore, you should never feel pressured into dipping your toes into it.
Suppose youāre still interested in making money online and youāre looking for a way to increase your income streams.
In that case, you should consider my number one recommendation for making money online that will not require you to invest start-up costs.
After all, you deserve better. šÆ
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How I Make a Living Online
Thereās no denying that most are trapped into believing that the only way to riches is by landing a 9 to 5 job that pays well.
However, the end goal is not about getting the corner office or allowing yourself to be tied down for years in a single company until retirement.
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Real wealth is not about that. š
If you truly want to liberate yourself and live the life that youāve always wanted, then you should seriously consider starting your online business.
As weāre reaching the end of this review, I believe that now would be the perfect time to introduce you to the very same business model to whom I owe my success and share the exact step-by-step process of how I earn a living online.
Please close this page if you think that Iām just another āguruā thatās trying to sell you on another done-for-you system that will make you an overnight success story.
Such systems do not exist, and if youāre somewhat familiar with me and my blog, you should know that I donāt approve nor believe in that kind of crap, and neither should you.
What Iāll be sharing here with you is a legitimate blueprint to success that requires your utmost effort, and only then will you be able to benefit from the advantages that it has to offer.
So, without any further delays, what I suggest you do is have a look at my money guide, as it clearly explains everything there is to know about my business line and how I bring home the bacon. š„šø
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Inside this how-to book, I speak about my early days and some of the reasons that got me into this. I also remark on a few setbacks that I overcame along the way and even share what I believe is the best way to get started online for the less than a sandwich price.
What Iāll be showing you runs like a clock, but please donāt expect to make thousands of dollars just by participating in it.
It does require some elbow grease, and I just want to make sure youāre okay with that. When itās all said and done, nothing prospers without labor, and I know youāll agree on that.
I think itās about time I wrap up this Profits Unlimited review, so hopefully, I was able to provide you with a solid answer of whether Paul Mampilly is a scammer or not.
If you happen to have any questions about any of the things I discussed today, feel free to drop a comment down below, and as usual, Iāll give my best to reply to it on time. š
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Thank you for creating this, as many stocks can fool you. In other words, the stock market is where you need to know what to do and how to handle it.
Investing is a big risk for people, but it also can help you. Also important to get a mentor and also trust them with what they are doing.
Thank you for recommending your program as an alternative to trading.
I also want to learn other ways to make money online because itās another source of income. You know what the billionaires say ā āhaving a job as your only source of income is one step closer to poverty, but having many other sources of income will get you wealthy.ā
I will definitely check your program out, and thank you for taking your time to create this informative article full of details of stocks and scamming. Puts a lot more insight onto people and knowing what they are getting themselves into.
I just hope I was able to help, Caleb.
Diversifying your portfolio has proven to be one of the best ways to accumulate riches, and Iām glad you know that. Please take your time with the program, take on each task as it comes, and let me know if you need anything.
Hey, great post!
I havenāt started investing at the moment, though I should and have also been thinking about it lately.
I have read a few other posts on investment and the different types, but I donāt think Iām quite ready yet, and judging by your article, I think itās best to learn at least the basics because I donāt want to end up disappointed.
Hi Sariyah, itās good to see you here.
The stock market requires a lot of attention, so please make sure to take your time and learn things at your own pace. The last thing you want to do is rush the process and end up wasting all of your savings.
Please let me know if you need anything.Ā
Iām subscribed to a lot of newsletters about stocks, but I never read them.
I usually just browse on those newsletters, but whenever I am not doing anything and receive a notification in my email, I diligently read them.
And I have come across some words from those newsletters you mentioned in your article, like small to medium-sized companies, self-driving cars, artificial intelligence.
I donāt usually continue to read those newsletters as it asks me to pay a monthly subscription, but with your review, I understand that the subscription will guide me on what stocks to invest in.
I do stocks, but I just let them sit in the market since I donāt understand them well. You are also correct that the stocks market is not for everyone.
I like the article because it enlightened on some critical points about the stock market, but just the same, it remains vague to me.
You got me confused a little bit.
Do you read them or not?
It looks like youāre more into freebies than actual paid newsletters. Iām not saying thereās something wrong with that, but Iām pretty sure youāll get more value if you spend a few bucks.
It doesnāt have to be Paul Mampillyās newsletter, as there are tons of newsletters to match any taste.
Donāt waste your time with the stock market if you donāt understand how it goes. Youāre trading is based on luck, and thatās the wrong way to do it.
Withdraw your investments and refrain until you learn a thing or two about the stock market. Take my advice, and I promise youāll save a ton of money in the long run.
I have to say that I have never heard of this person until reading your article. The review you gave about him and his newsletter has given me a good impression. Investing is something I have been looking into, and this has given me a great place to get information.
Excellent article!
Hi buddy, I appreciate yourĀ kind remarks.Ā
Thereās a lot to learn from Paul Mampilly. The guyās legit on all levels and can most certainly help you achieve your goals, one step at a time.Ā
Also, feel free to reach out to me if thereās anyway I can help.Ā
The one thing I would suggest is that you make this article easy to read. I struggled to find the topic, so that is just my piece of advice.
Secondly, well-written article.
You gave me a clear understanding of whether he is legit or not, so thank you for this. Iāll gladlyĀ share it with my friends that are in the same industry.
Hey, Daniel, thanks for the advice.
Iāll be installing a plugin soon that will make things a lot easier.
I appreciate the fact that youāll share this with friends. Iām sure it will benefit them a lot too!
The $47 standard annual subscription is a good deal.
And given the fact that Paul Mampilly seems to know his stuff, I would not mind paying him this for advice. It may be that his advice pays off.
So, I know it takes time. But hard times are ahead, and I want to implement a financial strategy not to get hit so hard.
You know what they say, Ann. Better late than never.
I hope you liked what I had to say, and just in case you need anything, you know where to find me.