The Elevation Group

By rr_1235, November 15, 2011

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

Anybody ever hear of ”The Elevation Group”, with Mike Dillard?
I just watched a 1 hour video and have 96 hours to sign up for a nice discount on a year subscription at $597. That’s still a lot of money for a ham and egger like me.
I did a search on the internet on The Elevation Group and found numerous favorable reviews, sounds too good to be true.
Any input would be appreciated.

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31 Comments on " The Elevation Group"

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Travis Johnson, Stock Gumshoe
Admin
4450
November 16, 2011 12:03 pm
It’s being affiliate-marketed up the wazoo, but other than that I don’t know much about them. From the marketing stuff I took a quick look at, it sounds like the same kind of “think like a rich guy” stuff that so many other folks sell, but I don’t know if it’s actually an empty scam or if there’s anything real or useful in the subscription. Compared to the cost of an entry level newsletter from one of the big publishers (ie, titles like Stansberry’s Investment Advisory, Motley Fool Stock Advisor, Personal Finance), which also generally try to give a wide… Read more »
Becky
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Becky
January 15, 2012 3:33 am

Any further information on Dillard and The Elevation Group? Scam or Source of wealth?

John Webster
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John Webster
February 8, 2012 12:12 am
Mark Dillard is good at one thing – flooding the search engines with positive info about himself. Some of his posts sound like they are going to be negative, but then turn into positive reviews. They are extremely transparent. He boasts of a young friend “guru” of his in Brisbane who made over 2501% for his “middle-class” clients in 48 months, starting in 2007 while most people lost 21%. Excuse me while I cough a (BS). He goes on to say that 100% annual returns are “COMMON PLACE” for the rich – and now he is going to let you… Read more »
John Webster
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John Webster
February 8, 2012 12:21 am

correction: Mike Dillard (not Mark)

Derek
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Derek
November 20, 2011 3:49 am
Ronald, don’t waste your time with The Elevation Group – it’s run by somebody who is incredibly famous for creating a “guru identity” by who he attempts to associate with, versus actually engaging in the industry successfully himself ( in the case of EVG, wealth-building via the so-called “investing secrets of the rich.”). He attempts to take his “predictions of future peril” cues from the Agora folks. And, does a really comical (unintended) job at it too. Maybe this email I sent to him, after only being active for a month via his overpriced membership, will put it in perspective:… Read more »
MichaelM
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0
December 27, 2011 2:53 am
You miss Dillard’s point entirely. What he’s doing is sharing his best, most vetted information about how to thrive through what is inevitable, hyperinflation – where the dollar continues to lose value (its connection to gold) until it’s worth nothing. Along with this will come things tied to the dollar being devalued, maybe the stock market dropping much more horribly than it did in 07, while gold and silver prices increase 5, 10 or more times. It’s “doom and gloom” for those who ignore the time-tested pattern that every empire goes through. The US dollar will cease to be the… Read more »
John Webster
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John Webster
February 8, 2012 12:20 am
Mooney is almost certainly a Dillard employee, friend, or family. Mike Dillard is good at one thing – flooding the search engines with positive info about himself. Some of his posts sound like they are going to be negative, but then turn into positive reviews. They are extremely transparent. He boasts of a young friend “guru” of his in Brisbane who made over 2501% for his “middle-class” clients in 48 months, starting in 2007 while most people lost 21%. Excuse me while I cough a (BS). He goes on to say that 100% annual returns are “COMMON PLACE” for the… Read more »
pat
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pat
November 25, 2011 2:39 pm

Has anyone heard anything about “Wal-tirement”? as in Walmart?

mmooney7
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mmooney7
January 3, 2012 10:02 pm

Yes — but it’s only for Walmart employees. Stansberry’s people use it like we can use it, but I don’t run a cash register at Walmart.

John Webster
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John Webster
February 8, 2012 12:18 am

It is DRIP investing (dividend reinvestment program) – use to be a big deal when buying stock was expensive due to high commissions. Now it is just a slick “buy my newsletter” come-on.

George
Irregular
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November 26, 2011 11:57 am

I too am interested in finding out more about “wal-tirement” investments. Anyone know where this can be found without being inundated with info I don’t want?

Greg
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Greg
November 27, 2011 4:32 pm

I suspect Wal-tirement is promoting DRIPs. I’d be interested in hearing about Wal-tirement also.
GC

Silvia Christen
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Silvia Christen
December 1, 2011 12:35 pm

I am listening to a lenghty Newsmax presentation by Dan Ferris about Walmart, and – after 20 minutes – still don’t know what it is about. I’m interested, though! Does anybody have information on what exactly it is, and how you get into it?

Travis Johnson, Stock Gumshoe
Admin
4450
December 1, 2011 12:41 pm

I suspect that’s probably the “Wal-tirement” ad that I wrote about a few days ago:
http://stockgumshoe.com/reviews/12-letter/early-wal-tirement-how-to-get-in-from-the-very-beginning/

havaiisteve
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havaiisteve
December 7, 2011 1:09 pm

Wake up…there are no free lunches! A fool and his money is soon parted! If it looks to good to be true, it probably is!

Sandman
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Sandman
December 14, 2011 8:15 am
It’s a very interesting story,a good read.We would all like to think the story is real and the offer is genuine. The very first clue for me is the price,next is you only have a limited number of hours to buy @ 597.00 US$.If one would like to learn to invest,learn the basics,easy to understand”how-to”,climb the learning ladder at your own pace go to AAii,it’s all there for you,three levels,starting @$29.00,$49.00 & $99.00,I started @$49.00 level.When you feel like your alone and wondering if a story is true or not, it’s great to have a site like Stock Gumshoe to… Read more »
mmooney7
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mmooney7
January 3, 2012 10:06 pm

Dillard’s just admittedly a guy who knows enough to use the tried and true formula to expand what he’s doing, but his overall intention is to help people take control of their financial foundation. Of course, depending on YOUR frame of reference you might see him as another greedy formula marketer. But that’s your eyes, not him. His intentions are ruled by altruism.

Frank
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Frank
December 15, 2011 8:55 pm
I saw the Elevation Group’s first presentation a year ago when he was giddy about gold going up to 50K an ounce. Now a year later, the guy sounded a lot more restrained in his predictions and even hinted there could come a time to unload gold. What a difference a year can make. The other thing that made me doubt the whole thing is his relationship with Kiyosaki the “rich dad poor dad” scammer who made up the whole rich dad BS but yet tried to pass it on as real. That is, until people who lived in Hawaii… Read more »
Derek
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Derek
December 22, 2011 2:44 pm
Here’s how out-of-touch, amateurish, and completely narrow-minded Mike Dillard is, when it comes to investing: An excerpt from his latest-greatest “stocks are evil and don’t work” B.S. – * * * “I’ll Bet You Didn’t Know This About Your Stocks… Hey Derek, if you have money in stocks as the primary part of your retirement strategy, you’ve got bigger stones than I do… “What’s really scary is the fact that I’ll bet you have no idea that money has been flowing OUT of the market for 33 of the last 34 weeks, creating an exodus of more than $132 Billion.… Read more »
mmooney7
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mmooney7
January 3, 2012 10:08 pm

Your example didn’t show him to be anything but correct.

Steve
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Steve
February 3, 2012 6:02 pm
Seems more like the same old sales job with a few little “twists” to give himself a new angle for selling. I sat through the presentation, then forgetting to close the window afterwards, noticed that the same presentation ran over & over all day & amazingly the list of attendees never changed! lol He’s a slick salesman, but I have learned (from paying big bucks on stuff like this before) that until the guy (or gal) can demonstrate at least a year or 2 of consistent returns with very transparent data that can also be verified, he or she is… Read more »
Gary
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Gary
February 12, 2012 7:13 pm

It’s funny how none of these stock / investment gurus are willing to provide third party verification of their amazing, Warren Buffet beating results. What’s wrong with Hulbert’s Financial Digest (or someone like them) doing the monitoring? I and many others would be more inclined to join if credible third party verification could be provided.

John Webster
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John Webster
February 12, 2012 11:24 pm

Michael Mooney (Dillard’s mouthpiece) and Dillard are willing to make big commissions selling you life insurance products while preaching a BS line about giant returns, etc. Don’t listen to them. I love Austin, TX, but they are an inkspot on its landscape.

Cory
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Cory
June 26, 2013 2:01 am
The elevation group has sound investing strategies. There is no scam and everything that they say can be done, can. Whether or not you want to pay $50 a month for the information is up to you. I payed the $600 and I don’t regret it at all. They tell you their thoughts, their reasons, and even show you how to do it for yourself if you want. I don’t get spammed with offers from them or affiliates either. To answer the self directed ira question, there are two companies (that I know of) that allow you to invest your… Read more »
mchaloux
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mchaloux
April 29, 2012 3:31 pm
I just recently saw the Elevation Group video and was intrigued by it all. Does anyone out there have any info on self directed IRA’s? Are they viable? And the infinity banking concept, which is tied to life insurance as pointed out above, sounds interesting, but is it a scam? To claim “Zero change of the account value going down” or “Zero chance of losing your money in a declining market” are very strong claims. Looking for ways to keep our IRA money safe if the market tanks again. Certainly don’t want to lose another 50% or more. But are… Read more »
Boer22
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Boer22
May 12, 2012 6:50 pm

I am an open minded person, but my BS meter starts ticking. If it sounds like BS there is a 99% chance it is. If they charge nothing for the information its perhaps worth listening to it, but otherwise don’t spend money on anything that smells like BS.

gary cooney
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gary cooney
July 7, 2012 3:44 pm

Michael Mooney, Do you work for the elevation group?

Mike Z
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Mike Z
September 24, 2012 2:11 pm

Dillard has recently been indicted in a $53 million lawsuit. He claims he was duped by the co. selling the investments… but even if that’s true, why would you pay him for advice… how much research is he really doing or is he really just offering those things that line his own pockets? (you can get more details here: http://blog.leadersclub.com/2012/09/19/feds-sue-mike-dillard-founder-magnetic-sponsoring-elevation-group/ … this page also has more links to this story on other sites)

Grace
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Grace
July 12, 2013 9:26 am
Re: Marcia’s question regarding self directed IRA’s – there are many companies who will help you with that now. It is a good option if you want to buy something more “solid” and controllable than some stock fund. When doing so, make sure you use a single member LLC that has checkbook control over your funds. I invested in several rental properties which are giving me a solid return and guess what – I actually own something that is physical, not a piece of paper somewhere that says I own parts of a pool of a hundred or so companies… Read more »
Walter
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Walter
July 30, 2013 4:09 pm

Most sensible and informative reply I have read yet! Thanks.

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