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Are Americans really Legally Piggybacking “Canadian Social Security?”

Does Lifetime Income Report have a secret way to "piggyback" and earn "benefits" on the Canada Pension Plan? (Uh, "no" ... but more on that in a moment)

This ad has driven a lot of questions to the Gumshoe doorstep — the pitch is from Zachary Scheidt for his Lifetime Income Report, and it implies that we can get extra “benefits” by “piggybacking” on the Social Security plan of Canada.

Really?

Well, no. Not in the way you’re thinking. But if you have a very open interpretation of the word “piggybacking” and are willing to accept an imaginative turn of phrase, there is a little something to the ad. Let me explain.

For those who are new to Stock Gumshoe, this is what we do — we look at the ridiculous ads sent out by investment newsletters and others, the ads (like this one) that promise huge returns and use misleading language to imply that there’s a secret stock or strategy that will finally get you that yacht and Maserati in time for retirement… and we tell you what the ad is really hinting or teasing us about, explain what it is as best we can, and let you think for yourself and do your own research once you’ve got a bit of the reality and can understand the logic (or lack thereof) of the investment.

piggybackWe do this most every day — sometimes we find great ideas hiding behind the terrible ads, sometimes we just defuse the greed impulse and save people from themselves… you can use the links a the top of the page to sign up for either a free or paid membership, or just submit your email here to get our free daily newsletter with new teaser solutions.

And here I should note that this ad was originally sent around in May of 2015, and that’s when we covered it. I have lightly updated a few things here today, but the following article is essentially unchanged since 5/13/15 (the ad being sent around today still has a May 2015 signature line on it, so that presumably hasn’t really been updated either).

The only real change in the ad is that the hook is now not just that there’s a way to “piggyback” on “Canadian Social Security” with Scheidt’s special piggybackretirement.com website … but that this secret “rattles the cages” in Washington, and Zach Scheidt got a threatening letter from a government agency because he sent this ad around (he doesn’t share the text of the letter, but I would guess that the content was more along the lines of “stop misleading consumers” than it was “stop revealing these important secrets”).

Back to Zach Scheidt’s ad… the headline is what really gets peoples’ attention, I think, that notion that somehow “piggybacking” Canada’s retirement plan is going to get you some “benefit” checks…

“Americans Now Legally Piggybacking ‘Canadian Social Security’… And Collecting Extra Monthly “Benefit” Checks From $400 to $4,700”

And no, you’re not going to get that. You can’t get benefits from the Canada Pension Plan (that’s what they call their social security system) unless you pay into it while you’re working in Canada — in broad strokes, it’s not too different from the US Social Security program.

But you can, kinda, copy them. If you want to.

That’s a big difference, no? Imitating someone, versus collecting checks from them? I’ll explain a bit more in a moment, but first I have to share with you just a bit more of the misleading teaser pitch — here’s the part about why you’d want to “piggyback” on Canada’s scheme:

“I recently heard some fascinating claims about a potential loophole in the Canada Pension Plan…

“A loophole that allows Americans of any location, age or income level to begin collecting ‘work-free’ income checks running from $400 to $4,700 per month.

“The Canada Pension Plan — in case you didn’t already know — is the Canadian equivalent of the Social Security system we have here in the States…

“…except for a few key differences.

“Unlike American Social Security (which is run by overpaid government bureaucrats), the Canadian variety is managed by a highly skilled team of professional investors.

“Also, unlike American Social Security (which you and I both know is a system that’s running on fumes), the Canadians have managed to more than DOUBLE their reserves since 2004.

“In fact, from the projections I’ve seen… reserves for the Canada Pension Plan are set to QUADRUPLE by 2040 (which, ironically, is the same time when most experts believe American Social Security will be completely bankrupt).”

All that is pretty much true — the Canada Pension Plan does really include a distinct account, and it is managed as an investment account like most private sector pension funds, buying up equities and bonds and valuable assets around the world in order to meet their future income obligations. Canadians don’t get more retirement income when the pension plan does better, their benefits are set by law and regulatory guidelines in much the same way that US Social Security benefits are set, but they do enjoy a bit more security, perhaps, because they have what I consider a much more viable system.

The Canada Pension Plan has probably about a 75-year horizon of reasonably being able to pay expected benefits based on the current contributions and the value of (and returns from) the investment fund, so it’s not just a pay-as-you-go benefit like Social Security (though the fund only represents a small portion, 20-30%, of future liabilities, the rest is like Social Security and dependent on future contributions), and the government hasn’t been using all the cash flow from Canada Pension Plan contributions for other things — the Canada Pension Plan, unlike Social Security, is partly in a “lockbox”, at least for now, and it’s not just an IOU from the government.

But can you piggyback on it? What the heck does that even mean? Scheidt goes through several examples of readers he has talked to who have, or at least so he implies, somehow invested in the “Canada Pension Plan” … here’s one example:

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“As Anne explained, she first discovered about the Canada Pension Plan while living with her husband in Nashua, New Hampshire.

“Her house was, as she put it, ‘just a stone’s throw from the Canadian border’ … and her backyard actually ended at the provincial boundary.

“But make no mistake about it… Anne has never lived or worked in Canada. She barely even visited our “neighbor to the north.”

“So how was she able to piggyback the system?

“Well, according to Anne, it all has to do with a major change that took place with the Canada Pension Plan back in 1997.”

I guess “a stone’s throw” is a nice colloquialism you can use for any distance, but Nashua, NH is just about a Boston suburb — it’s about as far south as you can get and still be in New Hampshire, so it’s about a three hour interstate drive to the Canadian border. And apparently Anne has a helluva big yard.

But that’s not the real point, of course. Yes, 1997 was when Canada reformed the Pension Plan to make it more sustainable — basically, they increased the contribution rate by 50% and created that investment fund. The fund is indeed managed with some independence, it is overseen by the semi-independent CPP Investment Board, and it is basically a huge institutional investment fund with about $250 billion under management in the CPP Reserve Fund.

I admire the Canadians for doing this, it was an abrupt but probably much healthier solution than simply scooching out the retirement age and increasing contributions and adding taxes here and there as we’ve done in the US — as is typical, US politicians did what voters consistently tell them we want them to do: Put a coat of paint on the problem, and don’t make any hard choices. That’s probably not completely fair — we did increase Social Security taxes as part of the tax reform program in the early 1980s (not as dramatically as Canada did a decade later), and again very slightly in 1989… but that’s about it.

But that’s not the point, either — other than that Zach Scheidt certainly knows that talking about Social Security will get retirees hot and bothered, and getting people hot and bothered is a good way to get them to read your ad, and oh, by the way, the average person who subscribes to an investment newsletter is roughly 60 years old, exactly the person who gets most anxious about Social Security. And nothing about Canada’s Pension reform of 1997 had anything at all directly to do with this “Anne” person unless she was a Canadian citizen.

So what’s the real story? More from the ad:

“I began hearing wild rumors about a savvy group of Americans who’ve figured out a way to legally piggyback the Canada Pension Plan…

“And collect an additional $400 to $4,700 per month as a result.

“From what I could gather, these folks were able to do this without living… working… or even traveling to Canada.”

This, really, is the problem with the ad — folks are likely to read that and see words like “collect” and “benefit,” but a far more accurate word would be “earn.” Because all Scheidt is really talking about here is collecting dividends.

They don’t even have to be Canadian dividends, frankly. And probably most of them aren’t from Canadian companies.

The woman he uses as an example, Anne, provides a few more clues about exactly what’s going on underneath this charade of “Canadian Social Security Benefits”….

“Anne didn’t invent the loophole, or even discover it for herself. She simply heard about it from a close friend (sort of like how I’m telling you today).

“And since it seemed relatively risk-free and only required a few hundred dollars (and a couple hours of her time) to get started, she figured it was something worth trying.

“Anne continued to make ‘contributions’ to the account… which can be done in some cases for what amounts to as little as 50 cents per day. Less than the price of a cheap cup of coffee at the store.

“She didn’t have to ‘renounce’ her citizenship… or visit a Canadian embassy …or do anything drastic.

“Today, she collects enough in ‘benefits’ to do all the extra things she wants… without putting any additional strain on her budget.

“And the $407 she collects every month from ‘piggybacking’ — barring any unforeseen disaster — should continue to ‘roll in’ for the rest of her life.”

Whenever a word or phrase appears in quotes in these kinds of teaser ads, like “Canadian Social Security” or “Contributions” or “Benefits,” you can pretty much assume that the quotes mean, “look out, I’m making stuff up here.”

What Anne really did, in all likelihood, was set up either a simple brokerage account or a direct stock investment plan (DSPP or DRIP are usually the terms used now, and their primary benefit is that they allow small monthly investments in individual stocks and free dividend reinvestment — something that used to be almost impossible before discount brokerages took over a couple decades ago). She either collected the dividends or reinvested them, and she kept buying a bit each month, and she reports those dividends on her taxes just like anyone else, and they provide a nice supplemental bit of income to add to her pension and her (US) Social Security checks. Scheidt says that she reports this “Canada Pension Plan” benefit on line 9a of her 1040, which is, of course, right where you report your dividend income.

What is she earning that dividend income from? That I can’t tell you, Scheidt doesn’t hint at all about which income investments he suggests, or which ones Anne bought, or what might be the best buys now — line 9a is actually for ordinary dividends, not qualified dividends, so it might even be that he’s suggesting slightly more traditional income investments like real estate investment trusts (REITs) or bonds, or funds that invest in such assets and which pay fully taxable dividends (as opposed to the qualified dividends that are paid by most “normal” corporations that aren’t tax-advantaged entities).

Scheidt does go on to get a little bit more clear about this, after talking about the huge asset base managed by the Canada Pension Plan, including investments in hundreds of companies and funds around the world — here’s how he gets us back to reality — at least, for the few intrepid souls who could stand to read this far in the ad:

“… they strategically invest in companies that are highly profitable… companies that gush large amounts of cash.

“Like one of my favorite businesses… a company you’ve probably never heard of before… a company called Realty Income Corp.

“Realty Income Corp. specializes in commercial real estate. It owns 4,300 properties in 49 states and rents out these properties to businesses like Walgreens, Taco Bell and Fed-Ex.

“And here’s why I like it so much: Its main goal is to make ever-increasing dividend payments to shareholders.

“In fact, its mission statement reads, “Since 1969 our mission has been the same… to generate dependable monthly dividends.”

“And that’s the key: dependable monthly dividends.

“It’s now paid out 535 consecutive monthly dividends. And it’s increased those payments 79 times.

“And when you begin piggybacking the Canada Pension Plan — in the way I’ll show you in just a minute — you essentially become a part-owner in incredible income-producing assets like Realty Income Corp.”

So yes, “piggybacking on the Canada Pension Plan” really just means “buy good, income-producing stocks.”

Dang.

You actually have to buy them. And wait for your dividends to come in, and to compound over time. And you don’t get free money from the Canadian government.

This is terribly disappointing. But, of course, reality often disappoints — especially when it comes to investing.

Do you really want to “piggyback” on the Canada Pension Plan? Their goal is 4% annual real returns (after inflation), which is the number they need to hit to pull their weight in backing pension benefits for the next 75 years. To do that, they keep costs low and have lots of investments in real estate, private equity, and public equities — you can review their website and see some of the specifics about what they own if you like, but other than a few overweight positions in Canadian banks and assorted other international investments it’s going to end up looking a lot like the performance of a global stock market index. They own 2,500 individual equities, and their largest weighting is less than 0.5% in any one stock. A conservative, extremely diversified equity portfolio.

And yes, they do have a mandate to invest with an eye on future inflation prospects, and to try to get some “alpha” by investing with other private equity and hedge fund managers, and buying individual income-producing assets like office buildings — but that’s really no different from any big pension fund or insurance company. There’s nothing magical about the Canada Pension Fund, and it certainly doesn’t have shockingly magical returns — just like there’s nothing magical about buying a bunch of dividend-producing stocks, investing continuously into those stocks, letting your dividends compound, and creating a big of a supplemental income stream from those dividends over a lifetime of investing.

That’s really pretty much all she wrote — or all he wrote, in this case. Scheidt says he has a private website that will help with some future income planning, and help you “piggyback” on the Canada Pension Plan, but I would imagine that probably what he’s really doing is picking a couple dozen income stocks, probably including REITs like Realty Income (O), which was the only individual idea he mentioned or hinted at in the ad, and throwing in a few personal finance calculators so you can see how much you have to invest in these kinds of stocks in order to earn some future hypothetical “piggyback” income.

He does also briefly mention “juicing” those dividends, which means he’s very likely also suggesting some options income — selling covered calls or cash-covered puts along the way on your stock holdings to improve the returns (with some significant tax consequences sometimes, so be careful), but that’s about it as far as this ad goes.

Anticlimactic, no? Well, at least I warned you up front — no, the Canadians aren’t going to send you a benefit check unless you earned it, and you can’t “buy in” to the Canada Pension Plan (nor would you probably want to, since you’re probably aiming for returns of more than 4% — or can get similar returns with either a large basket of dividend stocks or a few index funds), and unfortunately I can’t tell you which specific investments Scheidt is suggesting for income because he doesn’t hint at those at all. If you’ve suggestions for income stocks you think are worth consideration, whether they’re Canadian banks or REITs or “blue chips” or whatever else, please feel free to toss ’em on the pile with a comment below.

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david
Member
david
May 13, 2015 3:39 pm

Well said.Will add,there is a treaty between the USA and Canada,which could potentially allow you to collect either social security or an old age pension,but you must claim through a Canadian Relative

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Jason Bennett
Member
Jason Bennett
May 14, 2015 6:06 pm

I actually ordered the information, and you were right on the money (pun intended ). I even told them their sales copy was VERY misleading and asked for a refund.

Jason Bennett
Member
Jason Bennett
May 14, 2015 6:12 pm
Reply to  Jason Bennett

I forgot to mention that I am a copywriter, and would NEVER mislead potential customers to that extent just to make a sale. They are just going to have to refund everyone’s money anyway 😉

rick
Member
rick
May 25, 2015 8:50 am
Reply to  Jason Bennett

Looked like that to me. The more you read the more
evident it becomes that something is a little “fishy”.

DeafDog007
Guest
DeafDog007
August 18, 2015 2:53 pm
Reply to  rick

It’s very simple teaching I received my whole life (I’m 55), & I continued to teach it to my son (now 29), “if it sounds too good to be true, it probably is!” If Americans would just get off their lazy butts & work instead of always wanting something for nothing, our country wouldn’t continue to decline at such a rapid pace.

Michelle McKeeth
Member
Michelle McKeeth
June 8, 2015 5:04 pm
Reply to  Jason Bennett

I didn’t get to the point where I looked for more information because, after reading quite a bit of his nonsense, he did say you have the “opportunity” to make more money. I stopped there.

Mohan
Guest
Mohan
June 22, 2015 2:36 pm
Reply to  Jason Bennett

When I saw the ad., it caught my eye, but it was too good to be true. So, read the entire description of the ad., and sit sounded like investing in a fund. Otherwise, why will Canada allow US Citizens or any one other than their contributing citizens to draw on their pension fund. It dd not seem right. The above article clarifies well on all points. Good education. Please be prudent with your retirement money and do not fall for such cons. Before sending or investing money, please do ample home work, as a thumb rule, once you write that check, think it is gone .

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Lin
Guest
Lin
August 7, 2015 2:49 pm
Reply to  Mohan

Yes, I agree. How can anyone trust this man with their money when they can’t trust anything in his ad? This is an obvious case of false and misleading advertising and there can be an injunction against such a party that participates in this.

TheMerlin
Member
TheMerlin
August 25, 2015 11:00 am
Reply to  Mohan

When I see Agora as the home company and they take a bazillion paragraphs to present their pitch…I delete it immediately. Agora prays on greedy and naive readers. Not to offend anyone.

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financial newsletters
Guest
financial newsletters
July 30, 2015 11:51 am
Reply to  Jason Bennett

I have subscribed to several Agora Financial newsletters during the past 6 years. They hype all of their newsletters with promises of huge returns. I remember the Millonaire Club. That was a scam. They promoted Outstanding investments as the #1 newsletter. That may have been true when commodities were hot. Obviously commodities have crashed in the last 2 to 3 years. Can they make claims of high performance when those claims are not true? For example can they delete stocks that have losses and only keep stocks that have gains. They could subsequently claim above average performance. Can the results advertised by newsletters exaggerate performance?

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Dennis Hill
Guest
Dennis Hill
August 8, 2015 12:13 pm

Why is it so difficult for people to understand that NOTHING is free? Particularly MONEY!

gillyak
August 16, 2015 9:51 am

I would venture to guess that ALL stock market touts only
reveal their winning trades or show you a few losses to
make you think they are honest. All this hype is like
selling SNAKE OIL. If they are so smart, why are they
sharing their wisdom with strangers? Where is the SEC or FTC
in all of this? How about compelling and auditing past trades
before claims are made by these touts.
They are protected by carefully crafted legal disclaimers
informing you they are not not brokers or trusted
financial advisers. Get it?

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Charles Dykman
Member
May 30, 2015 3:18 pm
Reply to  david

Scheidt is just as fast and loose in describing the persons administrating U.S. social security as “unpaid government bureaucrats ” comparing this with the Canadian “professional Investors.” The administrative expenses of the U.S. Social Security system are listed in Google under “Social Security Administrative expenses.” I know, I know, that statements on the internet aren’t always true. But I’ve heard of the costs before, and this website is consistent with that and shows present expenses at .07%, decreasing to that since 2005. Someone who wants to can go to some cite that might be reputable, and check this, but I’m not going to. I’m also aware that there’s more to Social Security than administrative expenses, but I’m not going there. Not enough time or inclination. I’m also aware that congress has not made Social Security solvent at sometime after I die. I view this as an attempt to eventually proclaim failure and disband Social Security as a failed concept, and initiate a Canadian type system where campaign contributors (professional investors) will manage the system. Maybe 5% administrative cost? 10%? Why be pikers? cpd

What do Canada’s “professional investors charge? What is Canada’s administrative expenses? We all know what U.S. professional investors charge, and even Vanguard often charges more than .07%. I suspect that most charge more than .07%.

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Karen hobbs
Guest
Karen hobbs
June 23, 2015 9:50 am
Reply to  david

Wrong! The treaty mentioned allows you to collect USA &/or Canadian pension funds IF YOU WORKED IN EITHER/BOTH countries and made contributions to that fund from your work. In fact Canada has several of these treaties and Canada Pension Plan (CPP) specifically asks people if they worked in another country and does the application for that person. As for the Old Age Security (OAS), you must have been a Canadian citizen for at least 20 years to collect the OAS and have been a Canadian resident for at least the 18 years prior to the application. You are entitled to the CPP wherever you live in the world as it is based on your own contributions. I havent been involved in these things for nearly a year and am going on memory. If there is some tiny error please feel free to note this but what I have pointed out has nothing to do, legally, with having a Canadian relative and makes no sense.

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Martyn Luberti
Guest
Martyn Luberti
October 23, 2015 3:43 pm
Reply to  Karen hobbs

Canadian OAS as opposed to payroll CPP is paid if you have been a legal Canadian resident for 40 years after the age of 18 for full payment. It is prorated for less years. I get 29/40ths.

STEVE TATE CPA. ETC.
Guest
STEVE TATE CPA. ETC.
August 4, 2015 3:37 pm
Reply to  david

It sounds too good to be true also you have FACTA and FBAR for foreign bank accounts

laurence
Guest
laurence
August 4, 2015 5:17 pm
Reply to  david

I found your article when I did a search of piggyback Can.SS because I played the 20min ad and figured I might be able to sidestep the$49 fee of this scammer. If it was legal you should be able to do it yourself. It’s not legal and you can’t do it yourself.
Excellent article.

Edward Ciccarelli
Guest
May 13, 2015 4:04 pm

I stumbled onto this site trying to research the Piggybacking info that sounded TOOOOOO GOOOOD TO BE TRUE and after reading your translation on what was said, I think I’ll pass on giving him personal info that I wasn’t too happy to be giving in the first hand.
Thank you for a different slant and making me come to my senses. I guess I’ll have to try getting a job to help pay for the rising cost of staying alive at my age.
I will be looking at some more of your takes on other things before I give you some $$$ to become an Irregular if I can get the sign up page to load so I can input info to go for free for a month or so.
Thank You,
Double “D” Edd.

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thomas
Guest
thomas
October 6, 2015 1:01 pm

Are you a war era vet, there IS an actual benefit for that and it’s quite substantial .

jking1939
jking1939
May 13, 2015 4:10 pm

Tavis – Thanks for the article.

I have bought $ETE (Energy Transfer Partners Equities) and if you want a juicier dividend, but with more tax ramifications, ETP (Energy Transfer Partners). I have also held Dominion Diamonds (DDC).

jk

P.S. My wife is Canadian.

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FRANKLIN
Guest
May 13, 2015 4:15 pm

Hello to everyone. Nick Hodge is teasing investors on what he calls OBAMA’s secret pipeline. IT IS NOT REALLY A PIPELINE, BUT SMALL URANIUM STOCKS THAT HE SAYS ARE GOING TO RISE IN VALUE UP TO 10,000% or more. Nick says he has four stocks to give you. at least one is $1.00 or less to buy. He is trying to sell his EARLY ADVANTAGE NEWS LETTER. He is also asking a very high price for this information.
DOES ANYONE KNOW THE URANIUM STOCKS HE IS PUSHING?

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Paul
Guest
Paul
May 13, 2015 5:10 pm

DNN Denison Mines

ahmed
Member
ahmed
May 14, 2015 8:59 am

I think you are right on both uranium stocks which are active with good potential.

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MARTY
Guest
MARTY
August 7, 2015 3:22 pm

Does anybody know anything about the uranium properties here in the US that Hillary Clinton gave or sold to Russia ?

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glbcpa1
Member
May 13, 2015 4:23 pm
Reply to  FRANKLIN

Guess those mines already sold to Russia. Any thing left would be already exhausted or would sell it to Iran.

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Jeremy
Member
Jeremy
May 13, 2015 4:40 pm

This is an older article but still pretty relevant, but the cpp could easily be duplicated using etfs https://dougcronk.wordpress.com/2010/07/21/what-would-the-cpp-look-like-using-etfs/ also the cpp mandate is to return 6.2% however expected returns are usually closer to 10% by “industry experts” analysis I believe.

kevin s
Guest
May 13, 2015 4:42 pm

Nashua NH is no where near the Canadian border! Look at the map. So much for his friend Anne and her mythical backyard.

Gayle J
Guest
Gayle J
June 16, 2015 8:32 am
Reply to  kevin s

I hit that bit about Anne’s backyard in Nashua being “a stone’s throw” from the Canadian border and KNEW I was looking at a scam! Used to live in southern NH and Nashua is a bloody loooong stone’s throw from the border!! At $49 a pop for all of that “discounted” information, I daresay he made a fair bundle from people who were suckered in before the website was pretty much shut down. It’s a shame people take advantage of those who can least afford it. I know. We are trying to survive on social security and unless you are totally debt-free from day one it’s nearly impossible! When an unexpected accident puts you on social security disability at 55, you’re basically screwed. Thanks for publishing the truth about this scam, Travis.

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Candace Warren
Guest
Candace Warren
July 12, 2015 9:17 am
Reply to  Gayle J

I fell for it. And, I am not a stupid woman. Should have known better. I feel like a real fool. I am not savvy about financial issues, and certainly not about stocks and bonds/investing.. I have NO savings, and the CPP sounded reasonable. After all, the more investors there are, the better the financial status of the fund, Right??? The 49.00 is for the internet only info. Since I am a better learner from printed material, I increased to the 79.00 print plus web info. It has been nearly a week, and I have seen NO FURTHER mention of the CPP. It is a bait and switch operation, and they make you sign up with a stock firm, and then start sending you daily emails of their history, who he is, and what stocks you should invest in. That is NOT what I had in mind. Now, I have to request my within-30-days refund, ,and hope that I get it back. My husband is none too pleased, ,and I had hoped he would be happy with my new contribution to our household income. I am on SSDI currently, and I sometimes feel like more of a burden than a blessing. Oh, ,Well, Live and Learn…the hard way, as usual.

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SoGiAm
July 12, 2015 10:06 am
Reply to  Candace Warren

Candace, please always know that you are a blessing. You are far from stupid as you found stockgumshoe. The best 49. bucks I ever spent was becoming an Irregular here at stockgumshoe.com Best2Ya-Ben

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thomas
Guest
thomas
October 6, 2015 1:04 pm
Reply to  Candace Warren

$49 wasted dosen’t qualify you as a fool, look at all the Bernie Madoff investors that lost millions, give yourself a break.

EMS
Guest
May 10, 2016 2:34 pm
Reply to  Candace Warren

Hi Candace, Just read your post & am so thankful I found it! I too am an older US citizen, widowed & on very minimal retirement income. I ‘ ve been holding on to the materials I downloaded & received last year @ Canadian SS Income Piggybacking as I continued to build up a savings that I could invest in this project. OMG – what a mistake I almost made!! Whew!$$! ! I’m so naive & gullible & almost got into this scheme until I got online today & started reading comments – yours in particular that told it like it really is
I’ve lost thousands$$ over the past 10 yrs being suckered into the deceitful lies that flood the Internet! Copywriting & Internet Marketing has become a quagmire of lies & scams.

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Rita H.
Guest
Rita H.
September 10, 2015 8:57 pm
Reply to  Gayle J

I am on disability and only looked at the site because I need to get enough money to get surgery for our dog. As I kept listening it got to sounding to good to be true and when I see no up front price it really gets to sounding false. Some people need to stop being so greedy and taking money from those who can least afford it.

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Dorian Shortt
Member
Dorian Shortt
May 13, 2015 5:05 pm

Thanks Travis – I read the first few lines of that ridiculous blurb, and your answer is pretty much what I suspected

Dusty
Guest
Dusty
May 13, 2015 5:18 pm

I subscribed to Lifetime Income Report while Neil George was. Helmsman. I know Neil generated many mixed opinions among readers here. I watched LIR for a long time before sending money. Neil had some very interesting stock picks. Neil hoisted anchor and vanished on Dec 31. 2014.

I continue with LIR so the positions I bought will not become orphans but that seems to be the situation anyway. Not at all happy right now with Zach. Or Agora.

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Mac
Mac
May 13, 2015 7:30 pm

Thanks Travis!!! I am an irregular and avid follower of your articles. Please spend some time looking at the uranium related investments and tell us what you can about that front in the near future.
Once again thanks for what you do!!

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johnny b good
Guest
May 14, 2015 8:26 am

got this from a good source ……… ( wink wink )
the juicing refers to DRIP’S
The Canadian S.S is nothing more than dividend paying U.S. stocks . For ie…HCP COP PM MSFT CSCO

Keep up the good work Travis !

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grover5995
Member
grover5995
January 8, 2016 1:41 pm

Dividend re-investment is where most money is made in the stock market, but it often takes many years to play out.

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Kalypso Lara
Guest
May 14, 2015 10:14 am

Well, thanks Travis, very interesting as always, but amusing too (today).
Here is a hint: REI-UN.TO (available in pink slips too, not recommended). A commercial property REIT, steadily expanding, with monthly dividend and DRIP. To be treated as an asset. Nice return, some country-related upside potential, and a good, productive parking place for your cash…

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gard
Guest
May 15, 2015 2:24 pm

that’s about a 4.9% dividend

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tenpintony
Member
tenpintony
May 14, 2015 11:47 am

I LIKE POTASH(POT) FOR A GOOD DIVIDEND RETURN AND A SAFE INVESTMENT IN A FIELD WHICH IS ONLY GOING TO BECOME MORE CRITICAL AS POPULATIONS INCREASE.
EXPECCT POSITIVE RESULTS ON ALL FRONTS WITH THI STOCK.
TENPINTONY

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FRANK
Guest
FRANK
May 14, 2015 3:52 pm

HILARIOUS !

Jim Leavenworth
Jim Leavenworth
May 14, 2015 6:39 pm

Since the tease is touting monthly benefits I’d guess the stocks touted have one thing in common with O, they declare monthly dividends. O has a pretty healthy divi, the only other one that comes to mine is GG, which does not. I’d as soon supplement my retirement by recycling aluminum cans than bother with GG.

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Andy
Guest
Andy
May 14, 2015 9:47 pm

Piggybacking “Canadian Social Security” This type of advertising is insulting at the very least, and in my mind, bordering on criminal!

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rick
Member
rick
May 25, 2015 8:59 am
Reply to  Andy

True. But it is creative. Perhaps “Copy Kating” would be more realistic?

Ralphy
Guest
Ralphy
May 15, 2015 11:59 am

Nashua indeed is a bedroom community to Boston. But if you live in say Orlando FL, then Nashua would be a stones through relative to Orlando…LMAO

Desmaurice1215
Desmaurice1215
May 17, 2015 1:20 am

Thanks Travis for the prelim info re: CPP Piggybacking scheme(scam). Saved me a lot of time by signing up to your SGS.com

Lorne
Irregular
Lorne
May 17, 2015 2:34 pm

Travis – maybe you could make some money doing some matchmaking; desperate Americans seeking Canadian widows/widowers with pension.

Harry Hansen
Member
May 17, 2015 10:45 pm

Hi Everyone, Kent says that Dennison owns 10%
Of Fission. A lot of ground up there. But what I don’t get is that I read someplace that Clinton let
Russia buy into our Uranium supply.
What’s up with that? Did we get a part of theirs?
Please correct me if I’m wrong, but they just supplied nuclear warheads to every nation out there!

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Jim Kovar
Guest
Jim Kovar
July 24, 2015 10:26 am
Reply to  Harry Hansen

After the breakup of the Soviet Union, there was enriched uranium in Ukraine, Georgia, Belarus, Kazakhstan, etc. that was no longer under Russian control. During the Clinton Administration, rather than letting it “go to the highest bidder,” the US agreed to pay Russia to buy it back from them and send it to us to be made into commercial nuclear power reactor fuel. That’s why there was a glut in uranium supply over the past several years.

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kit
Member
kit
May 27, 2015 3:46 pm

Great information . . . thanks for the ‘the way it really is’ explanation!

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