Profits Unlimited Review – A Scam Newsletter by Paul Mampilly?
Welcome to my Profits Unlimited Review!
If you have seen Paul Mampilly’s investment newsletter called Profit Unlimited on the internet, or someone referred it to you to make massive profits from investing in tech stocks, then this review will guide you in detail about Profits Unlimited to know whether it is a scam or legit site.
So don’t worry!
Let’s first look at the summary of Profits Unlimited Review;
Profits Unlimited Review Summary
Summary: Profit Unlimited is a platform owned by Paul Mampilly, who shares every month which stock to buy and make massive profits.
What is Profits Unlimited?
Profits Unlimited is a financial newsletter published by Sovereign Society which promises to help people learn how to invest to make massive profits.
That’s a big claim, but I know in the stock industry such claims are very common.
The newsletter primary focus is to invest in the tech industry. Paul focus tech industry due to a significant chance of growth that can be exploited.
Paul called this new invention “The Greatest Innovation in History.”
In other words, this newsletter is making a guaranteed income for subscribers in which they are suggested which stocks to buy and which to sell.
When you go to the sales page, there are full of promotional material and get rich claims. I know people are making huge gains in the stock market, but on the other side, you are always at risk.
I tell you clearly that there are a lot of issues with this product as I will discuss in the cons section but it is not a scam. Paul Mampilly is a very popular name in this field.
Let's first look at who is Paul.
Who is Paul Mampilly?
Paul Mampilly is the person behind this system. So I decided to let you know who is he before going to discuss the system in detail.
Mr. Paul is a Senior Editor at Banyan Hill Publishing and a founder of the newsletter Profits Unlimited to guide subscribers into stocks that are geared up to shoot higher. Other than this Paul also manages two trading services, Extreme Fortunes, and True Momentum.
He also records a weekly column for the firm's newsletter, Winning Investor Daily.
Mr. Paul started his career in 1991 as an Assistant Portfolio Manager at Bankers Trust. Before 2015, Mr. Mampilly served as a Managing Director, Co-Portfolio Manager and a Member of the Portfolio Management Team at Kinetics Asset Management LLC.
He has also served as a Money Manager at the Royal Bank of Scotland (RBS).
Mr. Paul is a former Wall Street insider, American investor and former hedge fund manager with nearly twenty eight (28) years of expertise in the investment world.
His clients included European aristocracy, the Templeton Foundation, Fortune 500 companies and Swiss private banks.
Mr. Paul retired at the age of 42. He was featured on CNBC, Fox Business News, Bloomberg TV, Kiplinger's, Hedge Fund Intelligence, Reuters and on Fox News.
How Does It Work?
When you subscribe to Profits Unlimited newsletter, every month Paul advises a few tech stocks that you should buy and then gives you the specific strategies which you need to follow to make it profitable.
Paul recommends 10 to 12% stop loss which means if your stock dips 10 to 12% then you’ll automatically sell those stock so that you are protected from losing more money than that.
This enables you to reduce your loss by taking the stop-loss strategy while at the same time still keeping the significant upside should a stock were to take off.
It is to be clear that there’s no guarantee that you’ll earn money with Paul’s strategies, but you should expect a much better chance by following the direction of a true expert in Paul Mampilly.
His info is up to date and relevant every month.
Profits Unlimited is not a scam like some people like to claim. You’re merely getting advice from an expert. Though there are issues with the sales pitch but there’s no guarantee that you’ll get rich from it. It isn't a get rich quick scheme that some might be hoping.
With all stock investment even with a stop loss of 10 to 12%, there are risks.
How Much Does Profits Unlimited Cost?
There are three (3) types of memberships offered by the Profits Unlimited. These are;
It is offered at $47 per year and includes only digital (via email and website) the only subscription to Profits Unlimited.
It is offered at $129 per year and includes digital (via email and website) AND a print subscription to Profits Unlimited.
It is offered at $496 per year, but currently, there is a promotion going on for $79 per month and includes digital (via email and website) AND the print subscription to Profits Unlimited.
With the premium membership you will also receive three bonuses;
- 36 Easy, Legal Ways to Beat the IRS;
- How to Get Extra Social Security Checks Many People Don’t Even Know Exist; &
- Seven (7) Free Ironclad Tools for Preserving Your Money and Privacy in Today’s Digital Age
Whichever subscription you buy, however, customers must be aware that your subscription will automatically resume without your permission at the end of the year, and this renewal includes your Profits Unlimited membership fee as well as a $79 renewal fee for the Bauman Letter subscription for one year.
What Do You Get From Profits Unlimited?
The Profits Unlimited Model Portfolio: Discover every single month one new investment recommendation and all the related information that comes with it.
You will get everything from stock buy, at what price, time to hold and when to sell.
Weekly Updates: At the end of each week you’ll receive updates on everything that’s happening with the related markets, the portfolio, upcoming events, current positions, etc.
Trade Alerts: You should be informed about time to move on a trade and how to actually make the trade.
Monthly Newsletter: Discover more about specific investments that Paul is pursuing, typically revolving around a new targeted investment.
Member’s Area Access: All the relevant and updated information you can find in the member’s area. No need to worry if due to the unexpected event you couldn’t get those.
Support: A real person is always available, on the phone, to talk you through anything you need to discuss.
Pros & Cons:
1. Get Recommendations from Expert
I know many so-called gurus in the market are renowned for creating software’s that make them all the decisions and trades on behalf of the people.
But on the other side if you get information from someone who has good experience in this industry, then you can trust him. Paul, as I have introduced above, is a famous name and knows what he is doing.
If you don’t have a finance background and want to invest in capital markets, then I will weigh Paul advice more than my own thoughts.
2. Tech Industry is Huge
Profits unlimited focus more on tech sector because Paul believes that “The Greatest Innovation in History” is about to happen by the 2020 and expect 50 billion new devices and expect to see 8000% growth.
Though I am not in a position to validate those figures, nevertheless, it makes sense to presume that the tech industry is booming.
Every day you see new tech products introduced by the Companies in the market and replacing old ones.
There is a lot of research going on in this field and who knows we may see a replacement of laptops and the internet by 2020.
3. Investment Option
I know some people want to invest money in various investment options, but due to non-availability of the guide or lack of previous experience, such opportunities cannot be utilized.
If you have eager to step in the stocks world but due to lack of knowledge didn’t allow you to be part of it, I recommend Profits Unlimited is the good option to be subscribed.
Investing in ‘alternative’ opportunities, such as those advised through Profits Unlimited, removes you from the worry of your non-financial background, housing industry crisis, insignificant returns from different funds, or the pathetic interest rates on regular savings, bonds, etc.
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1. Huge Risk
All of the above seems to be very wonderful. But always keep in mind that all investments, especially in stocks, come with an inherent risk.
You can all of a sudden lose all of your capital within a few minutes.
That’s how this market works.
All legit platforms will try to bring you to the level where risk can be minimized to the lowest level. But it cannot be reduced to zero.
Even Paul Mampilly is not going to give you any guarantee of investment advice.
2. Over Hyped
Let’s visit the Profits Unlimited sales page. There are tons of over-hyped material, and I have seen people calling him a scam just because of this.
I think Paul sales pitches should be toned down a bit.
When people saw such claims of 2,539% gains, $19 Trillion Revolution, 8,000% growth surge, Greatest Innovation in History, and turn your investment into 10, 15, even 25 Times Your Money: it’s pretty much-guaranteed people are going to complain.
This is not the first time Paul did this, similar claims like this that makes me remind of other over-hyped newsletters like Freedom Checks and The Altucher Report.
Should You Invest in Stocks?
That’s an important question!
I cannot recommend anyone who has in short of money or just got retired.
Instead, you should only invest in stocks, when you already have developed high-income skills that are making you solid six-figures income and on top of that, you have a scalable business that’s kicking back so much money you don’t know what to do with it.
Then there is no one in the world that who can restrain you from investing your money in stocks.
In other words, investing your money is only designed to increase your net worth, not to make you an income for you to live off.
Relying on stocks for that is too much of a risk since the very nature of making money from the stock investment is very volatile.
The point is you should never look towards investing your money in stocks if you’re still hunting for money.
You want to invest in developing your skills first that will allow you to make high-income of $10K per month or more because that’s the most stable way to make money.
Your skills, because that’s something that’s totally in your control and that no one can take away from you.
In short, Profits Unlimited is not a scam. Being a member, you will get a solid investment guide from Paul.
Though there is no one in the world, who can make such a claim to make every move profitable in the stock market.
As already told you, if you are already earning a 6 figure stable income and have spare money month after month then using Paul Mampilly is not a bad option.
However, if you have only a few hundred dollars which you want to invest in and earn a steady income per month, this is not the place to start with.
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I hope you will like my Profits Unlimited Review and if there is any question in your mind, please ask me in the comment section.