Author/Editor
Brett Eversole
Publisher
Stansberry Research
Description
Monthly newsletter aims to find undervalued, unloved or contrarian investments. Portfolio has about 25 positions and is listed by Stansberry as conservative. Started and formerly run by Steve Sjuggerud.
Overall Rating
Rating: 4.1/5. From 141 votes.
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4.0
Rating from 652 votes
If youโve subscribed to True Wealth, please click the stars below to indicate your rating for this newsletter, and please share any other feedback about your experience using the comment box below.
Investment Performance
Rating from 202 votes
Rating: 3.7/5. From 202 votes.
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Quality Of Writing/Analysis
Rating from 154 votes
Rating: 4.1/5. From 154 votes.
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Value For Price
Rating from 155 votes
Rating: 4.0/5. From 155 votes.
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Customer Service
Rating from 141 votes
Rating: 4.1/5. From 141 votes.
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Recently I see no new recommendations are coming. Same stocks/ETFs and information is repeated again in few months instead of giving new unique recommendation. So dont expect every month you will get new idea or stock. But information is useful. But not worth again staying occupied in their emails. You lose your focus on other things in life.
Absolute newbie to investing but have found Steve to sound genuine and knowledgeable. Investing in his Meltup portfolio and the results to date have been positive.
He is a good guy as he hails from Wisconsin!
“Now gains like these are rare, but I’m telling you all this because, right now, there’s a tiny $8 stock that I believe has the potential for life-changing gains.
In fact, I believe this new stock could ultimately become the #1 stock in Stansberry Research historyโฆ even better than the tiny $3 stock I recommended back in 2005 that soared 995%.”
Any ideas? The presentation is gone, so I have no idea what service it was for.
what is the best way to start investing, signup to app like Robinhood, or visit some investment group and let them manage your money?
look up top 7 Chinese stocks to own on google you will see which ones you should have in your portfolio
Timing is everything with these newsletter subscriptions, so your results (and Steve’s) may vary
I subscribed on Oct 2018. I took 6 of Steve’s recommendations.
One closed with a tiny profit
Two closed with double digit losses
One is currently in positive territory
Two are in the red and barely hovering above the stop loss price as of today
I know Steve had better results than I did because he opened the positions before I subscribed and he got in at lower prices. Maybe I would have done better if I had taken every pick, so I may not be the best example.
I’m replying to an old comment, but the theme is always meaningful. It is common for all subscription investment advice newsletters to leave you in a winning trade too long. Why? Because it looks good to have it in the portfolio of their recommendations. When they close a good one and hope folks will remember it, the response is instead usually, “But what have you done for me lately?” I personally like Sjuggerud’s advice and thoughts, and have done very well meshing them with my approach.
I closed by subscription just days ago. 9/17/19 his recommendation Naspers NPSNY gapped down 32%+. Does anyone know if Steve recommended a sell of this prior to the fall? Is he stopped out of this now? Thanks
That gap down was likely related to the spinoff of Prosus.
Wow thanks for the reply! My brokerage account doesn’t currently reflect any new position from the spin-off so it really threw me off. Good info from you!
No way to delete comments?
They’re editable for a little while. After that, we may delete them for you if you contact us.
Thanks again. 9/18/19 now my acct has an equal number of shares of PROSY so I guess I am made whole as it were
This was the whole point of Sjuggerud even holding NPSNY to begin with. Did you read his updates?
Fidelity does.
It was, and he advised to sell what was left of Naspers and put that money into Prosus. Then Prosus gapped down also with the market. So far it’s a loser.
We receive shares of a Dutch company, which more than made up for the loss of Naspers
I have spent more than I care to admit with Stansberry and Sjuggerud. I found that Sjuggerud’s macro predictions are often quite good but his stock picks are often lousy. A few have been winners but many are just average to nothing and some have been really serious losers like recent picks $LAMU and now $SQ (Square). Maybe my timing was just wrong but I’ve done much better following advice from some really sharp bloggers on the Seeking Alpha site (premium version). In fact SA is so much better, with hundreds of authors covering all aspects of the stock/bond markets, some of whom run sizeable funds of their own and/or provide newsletters at reasonable prices, that along with Gumshoe I now rely almost exclusively on SA for info, with an occasional glance at Sjuggerud’s True Wealth and Motley Fool (which is much better than Stansberry). Check out for instance Cliff Droke, who also also authors some great tutorials, and Victor Gerdunov (Albright Investments). Most of what you can read on SA is free but the premium upgrade has fewer restrictions and costs only about $300/year, extremely cheap for what you get. The site is easy to navigate and they keep adding features. Also, having myself been in sales for many years I resent the type of huckster selling that Stansberry practices, as well as their atrocious prices. I do read their Dr Eifrig’s letter however; he is calm and conservative and has lots of stuff that’s just plain interesting reading as well as medical advice and money-saving tips for retirees..
As far as the gold mining stock $GSV that Sjuggerud is currently pushing, I have spent several years studying the sector and have found a number of consistent winners with great prospects. $GSV is not one of them. If the reader is interested, I am writing a comment on gold miners on the “Steve Sjuggerud’s “Leveraged Bet on Gold Prices…” page. Just my opinions and experience; I am certainly no expert on precious metals but at the moment they are a great hedge against the rest of the market. Like a see-saw, my golds are usually up when the rest of the market is down, and sometimes up with the market as well. This year they have advanced much more than any other sectors that I invest in.
Gold is a strange animal because it doesn’t correlate with most other indicators very well. The best correlations I have found out about so far are with the M2 money supply (cash, checking, and other money easily convertible to cash like money-market funds etc.). It seems that over the long term the price of gold bullion follows the amount of M2 money in existence. There are other shorter term correlations such as Dollar strength (if the dollar gets weak gold’s prices rises because it becomes cheaper in foreign currencies), the fear factor – safe haven, and when Treasury interest rates drop far enough some buyers of Treasuries will often switch to gold. I’m sure there are other factors that I’m not aware of. The daily spot price of gold is often determined by the commodity futures market where speculators risk money with enormous leverage while producers hedge their future prices.
Miners such as $GSV are of course a different story because they are businesses and have to show a profit. But the main profit factor is the price of gold because once in production their costs remain relatively constant and profit increases very rapidly when gold price increases consistently over a relatively short time (months or a few years). For various reasons even conservative outfits like Citibank are currently predicting $2,000/oz gold and some of the wilder predictions get up to $5,000 and $10,000!
mobilecc, which service do you subscribe to at Seeking Alpha?
actually his picks on SQ and SHOP on last vid pres were great. At the time SHOP was $120..its not almost 1,000 and SQ is now over $120..I made cash but lost out on profits caused I whimped out and sold covered call options when this damn Covid hit
i was going to say . . . if steve told you to buy square in 2019, and you sold it because you were not happy, i feel sorry for you because in one year’s time you would have tripled your money.
I’ve been a subscriber for over 10 years. During that time Steve has had an amazing average return rate on his recommendations of over 20%. I have almost always made money on his recommendations. I highly recommend his service.
In Europe โTrue Wealthโ is a roboadvisor investment platform, actually from Switzerland. Maybe make that clear in the article.. here they are for info:
https://investinghero.ch/true-wealth-review-2019/
I decided not to invest in true wealth after reading the reviews. any recommendations for a good, reliable market letter?
I have been a subscriber to True Wealth for years. The stocks I invested in did very well and I found his recommendations to more that pay for the small amount he charges for the investment letter. Not every investment is a big winner but most are profitable, especially if you follow his stop loss number.
Stansberry/Agora/Casey/Palm Beach..Itโs one HUGE selling machine. They have great research but when you pitch 100 items you HAVE to have winners. Steve S is extremely capable but never forget his first endeavor is to SELL, SELL, SELL.
If an individual followed Gumshoe and followed basic rules-donโt put all you eggs in one basket etc he would do fine. Bottom line- get rid of losers quickly and let winners run. Stansberry research is great but you will be driven absolutely crazy with the incesssant deluge. I am a Premium Gumshoe follower and can say that you will be aware of scams vs real strong companies thereby allowing you to invest wisely. Get rich SLOWLY.
Have been a TW subscriber for over 2 years now. I have been very happy with the results.
TW is very much a ‘thematic’ research service that tends to recommend niche/sector ETFs somewhat more than stocks. The rationale for the investments is always clearly laid out in understandable language that includes a rough guestimate on how long one will be expected to hold the trade. Many recs come with a ‘buy under’ price limit, as well as a trailing stop recommendation.
One should note that while the newsletter is published monthly, recommendations are only made as they are indentified. If a monthly issued does not have a recommendation, an update is provided on the status of existing recommendations.
I’m very happy with my subscription.
This used to be a great newsletter but recently Sjuggeruud has handed off the main writing to subordinates. This letter used to have pretty good ideas but those are few and far between. They keep harping about “melt up” this and are unabashed bulls right now while the overall trend is low and most of their recent picks have dropped. I guess all good things come to an end. I have had this newsletter for many years and the recommendations were timely and usually did very well on a short time frame. Not the case so much anymore although a couple of recs for oil have done well.
Now they are touting it as the solution to all the problems predicted by Bill Bonner, https://secure.sjuggerudtruewealth.com/?cid=MKT650099&eid=MKT657984assetId=AST250766&page=2
Are you still subscribing?
No. Suggeruud must not be doing t
he actual writing. I stopped reading it end of past year. It’s no longer his long-term, calmly selected, contrarian opinion.
I purchased a lifetime subscription to True Wealth – Commodities and Steve Sjuggerud decided to cancel it and offered me a lifetime subscription to a service of his that I did not want. Stansberry didnโt give me a dime of the money I paid for a lifetime subscription, not even in credit to use to pay for their annual fees!
Lastly, where in the world is Porter Stansberry?
You have been had , thanks for the warning !
Am about to come up on my annual renewal so it has been about a year. His advice is definitely positive returns for the past year and the added benefit of the daily newsletter really keeps me up on the team of authors opinions of the market. Overall very happy with true Wealth. One negative is the bombardment of advertising and up-sells. If they tuned it down a little would be nice.
Also I listen to Dan Ferris on his podcast, another benefit found through the Stansberry team.
According to the promo I just saw from Stansberry, the author of this newsletter is now Brett Eversole, so the old rankings are perhaps irrelevant.