Sean Hyman and his Biblical Money CodeWhat is the story on Sean Hyman and his Biblical Money Code? Is he for real? I usually run from any business that wraps themselves around and advertises using religion and bible quotes but his fundamental, technical, and sentimental analysis approach is alluring? Does he in fact have a successful track record? Anyone out there have personal experience they’d like to share?
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What does Hulbert say about Sean Hyman and his newsletters?
My trading application allows for a free $100,000 paper trading account that is available to me. I subscribed to the Ultimate Wealth Report and decided to do my own experiment. I took the $100,000 in my paper trading account and bought all the stocks that Sean recommends in the UWR that were within the buy range. I started on March 3, 2014 as of the close of the market on last Friday, May 23, 2014 my profit was $14,798.00. Of course this is all pretend money, but it definitely gave me peace of mind in following Sean. I have also made real money in my account but on a much smaller scale since my original investment was so small.
I’ve subscribed to the Ultimate Wealth Report for just over a year and have renewed for another year. I’ve analyzed his latest weekly report which shows “Sold Positions” over a period of May 2013 through January 2015. These 18 “Sold Positions” averaged 26% gains per trade. This averages out to 2.1% per month. The average holding period on these was 12.5 months. Not one of these “Sold Positions” was a loss.
However, on the “Holding Stocks”, there is a problem in my opinion. There are 23 positions in this category and the average holding loss per position is (23%). The average holding period on these positions which were “bought” over a period from May 2012 through January 2015 is 16.5 months. This comes out to an average loss of (1.4%) per month. I think these “Deep Value” stocks and ETFs will work out eventually and profits will be made. The problem is that there may be better opportunities for your investment dollars during a long period of losses. You need to have a real long view if you decide to subscribe to this service. I have made actual trades using this service -my actual gains on sales was 19% and my holding losses are (24%) as if today.
I’ve been a member of Sean’s newsletters for over 18 months. Not only have I made good dividends, I’ve done well with capital gains. My biggest regrets? Buying stocks over his recommended price (I did this when I first joined being too eager to get in) and having stocks that predate his advice. I approach managing our modest investments like a part time job. I’ve absorbed his teachings on fundamentals, valuation and market sentiment. I now know that I am a contrarian, value investor. I wish I’d known earlier about diversification in sectors and countries. Sean is the real thing.
I am glad to be able to share my experience with Sean Hyman here because I was actually thinking about this the other day. Of all the different newsletters off and on over the years, I can say with all honesty that Sean Hyman is the real deal. With his guidance, I made more money than from those before him combined. He is not 100% on calling the bottoms (for entry points) but who is? This is my second year of subscribing to his newsletter. For what you get – true expertise, monthly newsletters, weekly video updates, – he is a bargain.
I am a subscriber to both UWR and APS and have been been happy with their performance so far. So far my returns have been better with Sean than my returns through the mega-brokerage house I have used over the years. I also like the fact that I can more closely control when, where and what investments I choose to make. Keep up the good work Sean.
I subscribed to UWR and put a bunch of gold and commodity stocks in my 401K. The rest is history — we all know gold and commodity got taken to the cleaners this year. My worst financial subscription so far.
For those who would like to check out what I’m doing, come join me at http://www.seanhyman.com .