Investing is not just about finding the right stocks but also being slick and following the styles of the best investors.
Perhaps by now, you are wondering whether Paul Mampilly is a scammer or indeed one of the best financial advisors to follow today.
I don’t really blame you for questioning his legitimacy.
After all, the trading industry is flooded by scammers, and you want to be very careful not to fall into any of their traps.
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.
The stock market is not for everyone’s cup of tea. 🙂
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.
I’m somewhat of a trader myself, and I can’t 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.
However, such moves exposed me to great risks, and although I made some profits, I came close to losing it all on multiple occasions.
There’s no denying that investors face the significant risk of losing money if they don’t know how to pick and time their preferred stocks.
As much as we want to follow the basic “buy low and sell high strategy,” it doesn’t really seem to work that well, especially for beginners.
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!
If you do not know how to position correctly and when to cut losses, you might get yourself stuck on the flat line where you’ll likely end up waiting months, if not years, without gaining anything. 👎
Additionally, many professional traders are becoming gurus as they have consistently asked new investors to turn into day traders in a purely speculative play.
With the fear of missing out, you might end up trading these and find yourself caught in the meltdown prices as many did.
Another significant risk in the stock market is that there is no guaranteed profit at all. We can all say that you’ll quickly gain by just staying invested at least 3 to 5 years, but that is just wishful thinking.
Rising prices shown on historical data do not mean that a specific stock will remain on its bullish trend for the years to come.
Therefore, there are still other factors at play, which can change the company’s capacity to operate and to provide dividends.
I’m 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.
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 by Day Trading Academy) or becoming a financial newsletter member.
In today’s post, I will walk you through my experiences with Profits Unlimited and give you my honest take on the question of whether Paul Mampilly is a scammer or not. After all, none of us would like to spend time and money on things that don’t work.
Before I continue with my review, let me just note that I am not being paid to write this post, meaning that you’ll hear my honest opinion, which may differ from the perspectives of others.
Suppose you have been reading my blog for some time now.
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, let’s get the ball rolling.
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.
Here are some alternatives to it:
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 a decline in tech stocks as I’m writing this post, and people are reported to be shifting away from them.
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 and will likely grow bigger and better in the future.
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 under Banyan Hill is that you can start it instantly, and there’s no need to invest loads of cash just to follow the recommendations.
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. 📈
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!
This means that you cannot withdraw money whenever you like, but I believe that employing such a strategy limits your exposure to risks.
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.
It would help if you didn’t worry about that much since there really is no way by which they can provide highly accurate suggestions all the time.
But if you look at my examples above, the upswing prices are significant enough, and I’m being honest when I say that I could have never replicated that total return if it was just me on my own.
When I first started with the stock market, I thought I should only accumulate stocks from top companies, but damn, was I wrong.
There really is not much growth in blue-chip companies. There is consistency but nothing fantastic when it comes to prices.
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).
There are brave enough to post profits and even losses. 👌
The company has been profiled by Crunchbase 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 by Ian King.
Nevertheless, I always believe that where there’s smoke, there’s fire, and this is prompting me to remind you that you should never follow their recommendations blindly.
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.
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.
This is one of the reasons why financial newsletters are such a hit since their sweet deals are perfect for those just starting out.
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.
Additionally, you must understand that this is perfect for semi-risky investors, but this will not be as aggressive as Rickards proposed.
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 shouldn’t take blindly) 👈
To gain more confidence in their stock suggestions, you can view their model portfolio and track their trade alerts by email.
You still need to do your own research about the monthly stock suggestions and observe whether you will ride it out.
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.
Academically speaking, he has experience in business management, economics, and finance from different universities.
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.
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 on YouTube, 14k on Twitter, and about 2.4k on Instagram.
Add to that is the fact that over 192 customers have rated his book.
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.
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 you’re still interested in making money online and you’re 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. 💯
How I Make a Living Online
There’s 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.
Real wealth is not about that. 🙃
If you truly want to liberate yourself and live the life that you’ve always wanted, then you should seriously consider starting your online business.
As we’re 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 I’m just another ‘guru’ that’s 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 you’re somewhat familiar with me and my blog, you should know that I don’t approve nor believe in that kind of crap, and neither should you.
What I’ll 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. 🥓💸
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 I’ll be showing you runs like a clock, but please don’t expect to make thousands of dollars just by participating in it.
It does require some elbow grease, and I just want to make sure you’re okay with that. When it’s all said and done, nothing prospers without labor, and I know you’ll agree on that.
I think it’s 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, I’ll give my best to reply to it on time. 👋