Ultimate Wealth Report

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Has anyone subscribed to the Ultimate Wealth Report from Newsmax and written by James Rickards and Bob Wiedemer? This seems to be a new publication and I wonder if anyone has any thoughts about it. How would you rate it? It’s being highly advertised but I wonder if they’re just using scare tactics. Any thoughts would be very appreciated.
Thanks.
Regina

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264 Responses to Ultimate Wealth Report


  1. No contradiction here. So… What is your point? Do you know or have a review or opinion about Sean Hyman’s news letter? Have you subscribed to this news letter? What do they think if you have? Or maybe you just don’t like his religion? You and your friend Eric should stay on the original topic or take you worthless comments to some other place. So how are you help the people that are asking for the truth? You obviously do not like the newsmax marketing approach. Are you mocking them?

    Reading this thread there seems to be many new to investing and the stock market. Trying to do it alone without help is the fastest way to losing money. You and Eric are telling them to save there money, not invest in something you know nothing about and stay poor. That is the contradiction. But then what do I know. I just use the service and them making money.

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  2. Here it is again folks. A secret, magical biblical code to investing. Send your money to Sean and he’ll reveal this secret, magical biblical code to you. But you must send him your money first. Sounds familiar to you? Just like those TV preachers who tell you to send your money to them and they’ll send magical holy water to cure your diseases. These people make me sick. There is no secret, magical biblical code to investing folks. This is a promo meant to take advantage of the gullible. http://w3.newsmax.com/newsletters/uwr/video_money_codea.cfm?p=n&promo_code=141D8-1&gclid=CP6p6PvV1roCFUlp7AodQxAAcw

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  3. But it will be a waste of $90. Here it is again folks. A secret, magical biblical code to investing. Send your money to Sean and he’ll reveal this secret, magical biblical code to you. But you must send him your money first. Sounds familiar to you? Just like those TV preachers who tell you to send your money to them and they’ll send magical holy water to cure your diseases. These people make me sick. There is no secret, magical biblical code to investing folks. This is a promo meant to take advantage of the gullible. http://w3.newsmax.com/newsletters/uwr/video_money_codea.cfm?p=n&promo_code=141D8-1&gclid=CP6p6PvV1roCFUlp7AodQxAAcw

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  4. Well, I have joined the UWI and I am just beginning to review his 2013 recommendations to see their performance. And I did run across his high recommendation in June 2013 for The Revelation Forex Fund — which by the way is now in receivership just one month after his recommendation How could his due diligence be so very very much off?…was it the love of money?!! I am seriously questioning his ability to really see the true nature of an investment if he could be so so terribly WRONG on Revelation and the fraud its creators tricked him and its investors.
    http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539706456#.UrCjytGA3IU
    See his quote below
    “The Revelation Forex Fund is the real deal,” says Sean Hyman, Editor of Ultimate Wealth Report. Revelation continues to outperform the equity markets, precious metals and most of the hedge funds across the U.S.”

    “We have been very pleased with the performance of the Revelation Forex Fund, and we continue to be one of the best performing Forex funds. The Revelation Forex Fund has a solid record since its inception in 2009, with positive results posted in 42 of the previous 52 months through April 30, 2013,” commented Kevin White, President of KGW Capital Management.

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  5. Hello people, please am outside the USA and subscribed to the ultimate wealth report could someone please recommend a good stock broker to me that i don’t need to be in the USA to buy stocks with. Thanks in anticipation.

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    • Gabe, There are many exchanges in the world where stocks are listed and traded. You need to make sure the broker you select will execute trades for stocks that are listed in those exchanges. The ultimate wealth report is a USA based news letter and any foreign or domestic security that he discusses can be purchases using an American based broker like Fidelity, Etrade, Schwab, Vanguard, etc. You don’t need to be in the USA but it would make sense for your broker to be here.
      That said I suppose there are other brokers in other countries that will execute trades for any stock listed on any exchange from anywhere in the world but that would be a little over the top for a retail investor which I assume you are. Otherwise you would not be asking such a question from this forum.

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  6. I keep my portfolio and assets at fidelity and have traded through fidelity.com. I have traded there since the beginning of Internet 1995. Some folks use Etrade.com. I am sure there are others. I don’t know Etrade’s rules but Fidelity charges $7.95 per transaction to execute electronic trades. Phone calls to a trader is more. I don’t need to do that. Customer service is 24/7 anywhere in the world. I can monitor my account and trade anywhere in the world I have an Internet connection on any type of device, smartphone, Tablet, or computer without assistance. Etrade will probably do the same. The real question is where do you want to keep your funds, do you trust them, and how easy is it to move around electronically between your brokerage account and your regular checking account.

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  7. This is just sad: “Well, I have joined the UWI and I am just beginning to review his 2013 recommendations to see their performance. And I did run across his high recommendation in June 2013 for The Revelation Forex Fund — which by the way is now in receivership just one month after his recommendation How could his due diligence be so very very much off?…was it the love of money?!! I am seriously questioning his ability to really see the true nature of an investment if he could be so so terribly WRONG on Revelation and the fraud its creators tricked him and its investors.
    http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539706456#.UrCjytGA3IU
    See his quote below
    “The Revelation Forex Fund is the real deal,” says Sean Hyman, Editor of Ultimate Wealth Report. Revelation continues to outperform the equity markets, precious metals and most of the hedge funds across the U.S.”

    “We have been very pleased with the performance of the Revelation Forex Fund, and we continue to be one of the best performing Forex funds. The Revelation Forex Fund has a solid record since its inception in 2009, with positive results posted in 42 of the previous 52 months through April 30, 2013,” commented Kevin White, President of KGW Capital Management.”

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  8. Your readers might be more enlightened by searching for reviews of Newsmax, the Ultimate Wealth Report publisher. The complaints about Newsmax are very revealing!

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  9. To these that come here looking for the Truth!

    (Eric Alter —- Paul Berry)

    The readers on this blog should be weary of these two guys above. They consistently posting negative robo-comments on this forum about Ultimate Wealth Report. I don’t read every subject on this website but I compelled to here in this subject because it keeps showing up in my inbox. Those of you that already subscribe to Ultimate Wealth Rport already know the truth and probably don’t care about newbies. These guys above are dishonest and are doing a great disservice to the editors of this blog and the new readership. The postings number 108 and 109 are completely off the charts bogus comments that are not even close to what the Sean Hyman’s newsletters is all about. Whatever the reason for their dislike of Sean Hyman it must be personal because it make no sense why they would be doing this. They trash everyone that claims to have subscribe to the newsletter or anyone that posted the truth about this service and tries to dissuade these that are thinking about subscribing.

    For you newbies out there reading this… The Internet is great median to get information about just about anything you can think of. It is also a place that have guys like these that are viruses to the TRUTH and make it a place not for children. I cannot even imagine their agenda. It certainly is not helpful to the readers that come here to get honest comments and reviews.

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  10. For those who want to see one of his old reports, here’s a pdf of one from August 2012. Just remember that he does give weekly updates to his subscribers, and may have told his subscribers to sell these stocks already. Judge for yourself what you want, I have not yet subscribed, but have started looking into subscriptions. Being newer to investments I’ve been reading up on basics and fundamentals of investments, and the fact that he gives out an investing guide with the subscription intrigues me. As he says to do in his video I’m doing my research both on this newsletter and others before I make a decision, and many newsletters have people who say they are horrible newsletters/scams as well as people who say they did well with the newsletter.

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  11. I believe this service only started around July 2012. Maybe a few months earlier. I subscribers to the service around May 2013 after viewing this promo : http://w3.newsmax.com/newsletters/uwr/video_hyman.cfm?promo_code=11E57-1&gclid=CJyfyp-w3LsCFUjNOgod5DgAdw
    I would love to post just one page of the full current newsletter. The one that has the closed positions with the realized gains from the beginning of the service to today. However I would be no better than the clowns above posting lies. It is not ethical to do so. However, I can give an honest review:
    I believe is an excellent newsletter and service for the price anywhere. Believe me I have subscribed to many over the years. The test for a good newsletter is whether you believe in it enough to use it and above all it makes money for you. It isn’t just the monthly newsletters that I like, but the weekly updates that are educational and most informative as a technical trading aid. I am a long time individual investors that have always believed in a contrarian style that focused on fundamental analysis and lots of reading of current business and economic news. This service fills a technical analysis hole in my background. It makes me better more confident more complete investor that has much greater chance of success in what some might call a rigged game.
    Happy New Year to you all. Live long and prosper.

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  12. I simply asked for refund and i truly got it. Am surprised but really the programme was not going to work for me as am outside the Unites States. Happy investing am happy i got my money back without hassle.

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    • Gabe, I’m surprised you weren’t able to find a way to invest in the picks highlighted in the UWR newsletter. I know that earlier you were looking for a stock broker but that’s not necessary, I invest using an online account which I believe is available to those outside of the United States as well. I use ShareBuilder but am not advocating that in particular, Fidelity and other highly reputable firms are just as good.

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  13. Thank you all for providing your insight about UWR and other strayed topics. Not quite a newbie, but one still learning what to look for and to understand what it means. I tried several newsletter in the past and followed their recommendations (Leeb, MF, bunch of KCI (SoR, BY, PF, LR)). I did not do very well, but I did very good following Neil George’s Inner Circle. Lately I realized I need to do more research on my own before investing into recommendations either from newsletters or by word of mouth. It appears Sean’s newsletter will teach me more. So after viewing Sean’s video and reading these threads, I just took the plunge tonight and subscribed to the electronic version for 2yrs at $86. While my order was processing, his publisher entertained me with another video.

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  14. I believe you made a good decision. This service is like no other out there that I’ve subscribed ever to. It is more interactive for a service under a $100. However, if you have tried other services or taken advice from others money managers you should know that you don’t just jump in and start buying every stock in the newsletter without knowing the stories behind the companies and why Sean likes them even though he says you don’t have to. Remember the Sean uses a contrarian strategy and uses technical analysis to time entry and exits to positions. Timing is important and what it is for me and my portfolio is not the same as yours. Your existing portfolio, strategy, available cash needs, and timeline should be considered. You should read all his past newsletters and view his weekly update videos to see where he has been and where he is now. Buy existing picks slowly or wait for new recommendations to add to those you already own.

    Also you should ignore robo-postings on this website from “Eric Alter says:” which may have already seen here. This guy has some sort of agenda and hates the Sean Hyman service. He has no clue what it is. I suspect he has one of his own that no one reads.

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  15. Here it is again folks. A secret, magical biblical code to investing. Send your money to Sean and he’ll reveal this secret, magical biblical code to you. But you must send him your money first. If you fall for this I feel sorry for you. Suckers. Sean gets rich from your subscription money, not from his investments. Watch the promo in the link and tell me you don’t feel stupid for falling for this. http://w3.newsmax.com/newsletters/uwr/video_money_codea.cfm?p=n&promo_code=141D8-1&gclid=CP6p6PvV1roCFUlp7AodQxAAcw

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  16. If following the principles gained by subscribing, makes your overall position -say- 5% better off, but the food chain you invested in gave the final push for Yay Energy company to start drilling for CSG near your home town, are you still happy with what you “won” via stocks.

    Oh wait, the whole trading game always has the rubber meeting the road in some other poor sap’s home-town. You can afford to relocate.

    right.

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    • strike that comment.
      I realize ( a few minutes later ) that’s part of his first prong of fundamental investigation. “do i have belief in what i’m in vesting in? what if i’m buying the whole company?”

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  17. I’m with gmmpa. I wasted almost half and hour reading a bunch of rants and blather about everything *except* whether Sean Hyman’s product was a good one. Oh, yes, and also a few replies that were on point. “Thanks”, to those posters.

    Don’t the rest of you guys have anything better to do with your time? IMO, StockGumshoe needs a moderator to delete non-responsive comments. Or put them into a “junkyard” where people who want to read them can. I think something like that would greatly enhance the value of the site.

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  18. Did I see that right? “Your comment is awaiting moderation.”?????

    You mean these comments *are* moderated and you still let all of those non-responsive posts get published? Shame on you!

    Come on Mr./Ms. Moderator, start doing your job and deleting the non responsive BS.

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  19. Here it is again folks. A secret, magical biblical code to investing. Send your money to Sean and he’ll reveal this secret, magical biblical code to you. But you must send him your money first. Shhh! It’s a secret. And it’s magical. And it’s a code found in the Bible. Send Sean your money and he’ll tell you what it is. Remember to send your money to him first. He can’t reveal the secret, magical Biblical code to you without your money. http://w3.newsmax.com/newsletters/uwr/video_money_codea.cfm?p=n&promo_code=141D8-1&gclid=CP6p6PvV1roCFUlp7AodQxAAcw

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  20. I like Seans chart analysis but most of his picks are from foreign companies and he almost never brings up current events that are happening with the companies. Its almost always on the premise that “these are multi billion dollar companies that aren’t going anywhere”. Well that doesn’t exclude the fact that they may be seriously mismanaging resources and are awful for shareholders even if they are “cheap” with a very low “P/E”. In fact most of his current picks in the Ultimate Wealth Report are serious losers over the course of 2013 which was really hard to do since the S&P 500 saw a record 30% gain.

    In summary he’s awesome on chart analysis and sentiment but has a clear bias towards foreign companies and doesn’t present any current events or future prospects for the company except that “we’re in a 5 wave and this is the 5th wave so it must go up from here.”

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  21. Hey Scott and Ken —

    Thanks for your on point, responsive comments about Ultimate Wealth.

    One more question: Have you — or has anyone else — actually made a profit following Sean’s recommendations? Buying and selling the stocks he recommends when he recommends doing it?

    Thanks again —

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    • I’m looking at Sean Hyman’s Ultimate Wealth Report Vol.2 No. 8/ August 2013.
      Re: VALE Entry Date 27-Sept-12 Enter Price $ 18.22 Todays Price 3/24/14 $ 13.19
      In his commodities Portfolio he has 20 picks in Vol.2 No. 8/ August 2013.
      17 out of 20 are losers.
      Loses range from -2.01% to -59.27%.
      I like the guy and his vedio presentation but the results speak for themselves.
      Robert

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      • I have lost a serious amount of money as a direct result of recommendations from Sean Hyman. He said that VALE would fall to around $11 before it would then surge upward. It’s currently sitting between $7-$8 and despite asking Newsmax for a refund within a couple of days of being relentlessly pestered by email, suddenly I never heard from them again. So they have my initial trusting payment for shoddy subscriptions and for questionable advice from a ‘missionary man’. Shame on you Mr. Hyman!

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        • What do you expect, Newsmax just passes lies about more than info. If I read s/t on Newsmax I can pretty well be sure it is a lie or at best a shading of truth to get whatever silly point they want to tout or sell.

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        • Sandi, VALE is a position which has not yet received a recommendation to sell from UWR In other words, we don’t yet have the entire story. Every position I’ve taken and subsequently sold following recommendation i’ve made 12 to 20% or more. I own VALE and believe that this will be the case with this company as well. Vale is a Brazilian metallurgy company and both metal prices as well as the Brazilian market and currency are on the rise. Vale is the largest world iron ore miner and with demands from the East and other reasons has strong future growth prospects. I expect that by the time it is appropriate to sell I’ll make in the 20-30% on this stock, I only which I had the funds to be more invested in it.

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        • This is complete gibberish. Sean Hyman has never issued a SELL to an active losing position that I am aware of. He just holds on to them in perpetuity bring up his charts and claiming Elliot Wave will turn everything around. Meanwhile his stocks continuously make lower lows. This includes BTU (95% loss since his recommendation), VALE, and CIG. Sorry I can judge if a stock has lost 95% value that it isn’t going to make that up any time soon.

          Meanwhile anytime a stock goes up 10-15% Sean is quick to sell it to take profits. Take Apple for example. He sold that twice and bragged about a 60% return in less than a year. Well what he didn’t say was that you would have to pay a higher tax for that twice since its less than a year. And that if you simply kept Apple since his last SELL recommendation you would of make 45% MORE profit and had a lower tax to pay on it. Sean has no clue when it comes to a company like Apple. All he knows is his charts. He kept hammering on the fact that the 7 to 1 stock split was driving the stock upward. He never mentioned that stock buy backs, incredible Iphone sales, the Iwatch etc were the real catalyst.

          Seriously stay away from his portfolio. I have lost thousandths following his horrendous picks. Follow Bill Spetrino instead. He’s the only reason I still have any money left to invest in. Bill is an actual investor and not just a newsletter writer. He puts his own money into the stocks he recommends. He feels passionately about them. In short he has skin in the game. I had high hopes for Sean’s newsletter 2 years ago. But enough is enough. All his active picks are SERIOUS losers. It got so bad they took away the percentage losses column from the newsletter. How this man still has a newsletter is beyond me. Seriously how many horrible picks do you have to have before you get canned?

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    • Not been with Sean long and am new to investing. But so far so good. Made a little money and am following what he advises. We share see as time goes.

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  22. Hey I’m in Australia. Does anyone know if I subscribed to Sean’s UW, can I invest in the recommended trades from Australia?

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  23. I am a member of the Ultimate Wealth Report, and have been for about 9 months. Although I cannot reveal his portfolio choices, he has earned an average return of 26.08% to date after taking profits on 15 positions. The highest return was 51.46% and the lowest was 12.72%. He has been extremely educational in his approach, and transparent about his decision making processes.

    NewsMax is a very aggressive sales type system, and caused me initial red flags as well. NewsMax has had some complaints about some of the people selling things via NewsMax, but nothing I can see regarding Sean Hyman himself.

    I have seen Sean’s performance, and understand where he is going with the program.I am inclined to believe what he is saying in general, understanding that past performance is not always an accurate predictor of future results.

    This system is really about minimizing your risks, rather then guaranteeing future profits. He makes recommendations, and encourages you to learn investing basics, and to put your knowledge to work for yourself.

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  24. I am a subscriber to Sean’s newsletter. He is very informative about his recommendations. Never talks about the bible only says God bless at the end. He has made me money. I recommend his newsletter. It is a great one for beginners. Never follow blindly do your own research.

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  25. Robert and Jeff Cooper— we get your point of view, you are entitled to it.
    No need to flog it.

    I am a subscriber to UWR and became one because Sean’s outlook on value appealed to me. I was predisposed to hard assets to begin with, and when I saw his picks, they were primarily in asset-backed companies although he does not present himself as a “hard asset” guy”…he looks at the surviveability, earnings, and staying power of the companies.

    At the time, it just so happened that his picks were in the commodity sector. I agreed with the picks. And have been savaged in the recent months, but I cannot fault Sean for this. The timing of entry was very poor for commodities, but Sean is a longer term view investor and has…um… faith that the beaten down companies will turn around, and he sticks with them because he understands their fundamentals. Eventually his picks will be mostly vindicated, although patience will be required for it.

    I have found Sean’s approach towards emotions to be extremely helpful. He ignores the noise and recommends value where he sees it. He believes in Elliot Wave although I think he sometimes sees patterns that are not really there.

    About his religious beliefs. It is my surmise that the publisher polishes up Sean’s piety
    to appeal to a certain market segment. This is the copywriter at the publisher, whose job it is to sell sunscriptions. Sean himself does not proselytize, nor does he make his picks by some mystical Biblical message. He looks at numbers, market cap, and technical analysis. What I do get a sense of, is that Sean is ethical, practical, believes in what he is doing, and has the welfare of his clients at heart. That he seems to be a person of religious conviction is a plus for me, although I do not necessarily share in his religious
    denomination, which is not disclosed nor is it of interest.

    The picks that were a disaster six months ago are likely to be pretty good in the coming year. If you got blown out of Vale, Newmont, Barrick, Gazprom, or Teck in the last year,
    I understand you may be skeptical. But if you go into them now, and Sean still recommends them, my guess is that you’ll do pretty well.

    Long all tickers mentioned. Teck is one of my largest positions.

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      • I have been with UWR since the beginning and agree with much of hendrxmuzzles cooments above. I also am in Sean’s absolute profits- it is worse. I have a few comments:
        1. The portfolio is down in total over 20% in almost 2.5 years while the market is up!
        2. I think the one place Sean is wrong is he never sells a loser. 4 of the stocks or around 20% of the port is down 50-87%.
        3. No one ever new the dollar was going thru the roof which is killing about everything we own, But he never adjusted.
        4. Just listen to the weekly video and how all our positions are set to go up. 7 of them were down 3-7% TODAY! The market is down .25%
        5. What really frosts me now is they( NEWSMAX) don’t have the nerve to publish the return for the portfolio . They have deleted it from the Newsletter! They show total return on what he has sold but not what he owns in the current portfolio. Can the editor do that ? Seems like it not full disclosure. I don’t need him to tell me – I know where all my positions are. It just is discusting that they don’t report their own performance- but watch some of their ads!

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        • I agree with this 100%. His videos have been showing the chart setups due to go up for the last year and a half. In fact almost all his positions have gone down by 50% or more. The brazilian stocks have got hammered. Sean never sells his losers. He’s got one stock which I had the misery of following which has lost 90%. He still thinks it will go back up to the point he bought it and even higher.

          Its clear Sean doesn’t trade these stocks with his own money. If he did he would of gone bust a long time ago. I’ve been fortunate to only follow a couple of his stocks and not make an entire portfolio about it.

          On the flip side his winners he sells too fast. Take Apple he sold it twice and was bragging about his 60% profit he’s made twice in a year and he “would take this every day”. Well Apple has since gone about 50% higher while the rest of his portfolio has gotten trounced. On top of that selling it twice within a year subjects you to a much higher tax rate for the gains than if you would of kept it the entire year. Sean incorrectly believed the 7 to 1 stock split was causing all the stock movement and never considered the fact that Apple is one of the best companies in terms of innovation and growth. He just looked at his chart, saw price overextended, and reacted without really doing too much long term analysis on the company. Fortunately I did not follow his sell recommendation however I feel for his subscribers who did.

          Like(0)

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