26F PROGRAM

By gumshoe2016, December 19, 2016

DOES ANYONE HAVE INFO ON 26F PROGRAM?

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.

53
Share your thoughts...

avatar
26 Comment threads
27 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
44 Comment authors
ConfusedMaggiTNflashLynnBruce Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

rukmusher
Irregular
👍1
rukmusher

I’m curious about this also as I saw this on FB today. Doesn’t make much sense to me. The returns are incredible, but I think it’s from some lucky penny stock investments with insane returns.

Add a Topic
5971
Rick
Guest
Rick

sounds like ETF’S To me

RUOK
Guest

The only loophole closing in April is the one allowing brokers to overcharge retirement plan participants and to hide the commissions.

Add a Topic
1209
Lynn
Guest
Lynn

I am interested but can’t figure out how to sign up.

mark s
Guest
mark s

I still have no idea what a 26(f) is? can someone who really knows explain it?on one hand, it sounds like it is simply a rule that money mgrs have to be more transparent, and on the other hand, it seems as if it has to do with investing. please someone who really knows explainmit all? thanks.
mark

Philip Balestriere
Guest

I came across this site that explains it, it does sound good but not sure and certainly don’t want to miss out cuz there can be some truth to this. Check it out. http://www.moneymappress.com a long video, will sell you the info on how to and what to buy 26F.
I’m aiming my stock portfolio to marijuana stocks, it’s ground floor and time to make money.
Phil

Add a Topic
5971
Add a Topic
4091
chip welborn
Guest
chip welborn

philip, which pot stocks do u think will do well ?

Add a Topic
6043
Zoe
Guest
Zoe

erbb,grnf,msrt,mjna,mcig,grnh,hemp and cbis, up 24+% in 2 months! Just now starting to cook!

Mike
Guest
Mike

stock symbol CBIS

Add a Topic
5971
Monika
Guest
Monika

Me too buying Marijuana stocks to.

Add a Topic
4091
mary
Guest
mary

Don’t overlook OWC a pharma that’s gone up 30% in last 3 days and 1425% over the last year.

mary
Guest
mary

The marihuana stocks are a smart buy and now is definitely the time to invest, as more and more states legalize it. I don’t begin to claim I’m an expert on any of this, Phil. I’ve just done a fair amount of reading and a little bit of investing. There is one piece of advice I’d offer: take a long look at the companies that are involved in research into the medicinal potential of pot. Some of these are still in the penny stock category, but worth exploring… like AMMJ, CBIS, AGSTF. I recommend small, careful investments right now. You… Read more »

Add a Topic
5971
Add a Topic
5971
Maggi
Guest
Maggi

Where do you buy penny stocks; this is new to me.

Pam
Guest

I took heard the long video. That should have told me something right there. There’s always a long video just before they ask you for money even though the spokesperson was saying he’s sending you the newsletter for free. Apparently he’s a financial strategist and a part of moneymappress. Moneymappress however is not accredited by the BBB (according to BBB site). Weirdly enough they rate it anyway as A+ even though below the rating customer reviews are 5% positive reviews, 11% neutral and 84% negative???? When I first started listening to the video I thought 26(f) programs were something rich… Read more »

Gail Roberts
Guest
Gail Roberts

Nothing is coming up researching going to ask my ,FA about it

Angela Texeira
Guest

I found this information http://moneymorning.com/2016/12/21/how-a-26f-program-can-save-your-retirement/

P. Luciano
Guest
P. Luciano

I’ve noticed that every avenue to 26F leads back to http://moneymorning.com/2016/12/21/how-a-26f-program-can-save-your-retirement/, where you have to purchase a subscription to get more info.
Do you think its a scam?

deb
Guest
deb

the rich have been using this to get rich for years.
guess you have to know someone to get it, the government doesn’t want their dirty little secret out. Or you can pay some rich dude and he will give you just enough info to keep you busy till your can’t get your refund. Thats ok for him though cause he made a fortune off of some printed materials.

Add a Topic
372
simpson
Guest

You learn nothing from listening to the 50+ minute video. It is just a big commercial for books and services from the speaker. You never learn what exactly the 26f program is. My experience has been when a person never gets to the point or “bottom line” of what a program is, how it works, what involvement/investment is required by person, etc. is because there is nothing to it. I would suggest googling the supposed 26f of the Labor Code to see if it actually exists and what it is. Stay clear of this guy, his products, and his propaganda!

chip welborn
Guest
chip welborn

i did notice this keith fizgerald is definitely on CNN all the time talking about stocks etc…….

Teresa
Guest
Teresa

Watched the first part of this video. He states up front that this group of programs is what HE LIKES TO CALL 26f programs. He’s just trying to sell his materials. You’d do better researching the labor code he references to see if any changes are coming for that or any other part of it.

Al Razzi
Guest
Al Razzi

This is just a quick way to collect fast money from innocent folks!

Add a Topic
5141
chip welborn
Guest
chip welborn

but i still cannot find anything out about the 26f stuff fitzgerald is taking about…. i googled the dept of labor etc….. it seems hard to find…..

Dong
Guest
Dong

There is no such thing of 26(f) program. These actually are regular mutual funds which you can invest with your retirement account or regular brokerage account. They are not typical retirement funds. I have two of these funds in my individual brokerage account for some years . I just searched fidelity funds and picked what I liked.

Add a Topic
334
Add a Topic
1209
Add a Topic
1209
william Bloothoofd
Guest
william Bloothoofd

Wikipedia says it does not exist,,,

Steve Podowitz
Guest
Steve Podowitz

I read something convincing on Wikipedia once…after I wrote it on Wikipedia

Poppi
Guest
Poppi

I still do not know what a 26f program is but I do no that the top 10 recommendations that are made are a list of mutual funds. Do not see how mutual funds can give the returns the video indicates.

Add a Topic
334
Add a Topic
334
Travis Johnson, Stock Gumshoe
Admin
👍12071

The video is sneakily giving you the impression that those kinds of returns are ordinary for mutual funds, which is what Fitz-Gerald is referring to with that “secret” 26(f) name — they aren’t (and some of those huge percentage numbers in his graphics aren’t actually referring to “26(f)” returns, they’re just there to wow you with their commas). I wrote about that in some detail yesterday here: http://www.stockgumshoe.com/reviews/money-map-report/explaining-26f-programs-and-the-retirement-blackout-on-april-10-teased-by-keith-fitz-gerald/ Short answer? There is no secret. The examples are either fortunate returns over short periods of time, or exaggerated results of long-term commitment to savings and consistent diversified investment (mostly through mutual… Read more »

Add a Topic
334
Add a Topic
899
Add a Topic
899
Jane
Guest
Jane

Thank you, Travis for the article that you published on 1/18. Very informative. That video about 29(f) is indeed too long.

Al Razzi
Guest
Al Razzi

Thanks Travis,I found nothing after paying their subscription fees two months back

diana
Guest
diana

how do you join up

Skeptical
Guest
Skeptical

I think Simpson had it right. It’s a long video with nothing more at the end except purchasing his books and C.D’s. If it was something really legit, the advertiser would get right to the point, with easy instructions on how to invest. In my opinion, the 26F – stands for: 26 ways to “F” you…

Confused
Guest
Confused

Well put Sk!

t spiro
Guest
t spiro

A 26F is nothing more than a dividend reinvestment plan that corporations must allow you to get into their dividend reinvestment plan simply by calling up the transfer agent office and filling out a form with enough money to buy 1 share of stock but they can cancel you if you have under 50 shares or you quit making contributions. Under FINRA they must have to disclose how much they are charging you and it also cuts back how much they can charge you

Add a Topic
5971
Add a Topic
5916
Add a Topic
5916
Roadrunner1
Guest
Roadrunner1

OK! I fell for it and committed to $39. Soon after I was hit with a 79 dollar ding on my card. Wow! If you can’t trust them up front, you sure as heck can’t trust them down the road.

George Tomko
Guest
George Tomko

Me too. Cancelling my subscription today. May have to enlist your credit card co. to dispute the charge. Almost certain to get your $79 back.

Tom
Guest
Tom

I recommend you read ” 26(f) USAA Member Community” discussion page 2.

Kat
Guest
Kat

I work at a tax accounting office, a client asked the CPA about 26F today and he had no clue, had never heard of it. I think it’s all just a scam.

Al Razzi
Guest
Al Razzi

It is a total scam

Add a Topic
1340
Tee
Guest

WHAT Is the website to join in i want in,

Pam
Guest

Don’t

Pam
Guest

For those who have seen Keith Fitzgerald’s loooong video about 26(f) programs and think it’s something you’re missing out on, 1st of all I don’t think there’s any such thing as a 26(f) program since he says in the video that his newsletter is about something he “likes to call 26(f) programs. When talks about stocks that have high rates of returns that are associated with other stocks here’s what I think he’s referring to. I say “think” because I’m not absolutely sure and freely admit it. Example: When you have a stock like say Apple everyone wishes they had… Read more »

Add a Topic
5971
Add a Topic
5971
Add a Topic
5971
Beth
Guest
Beth

I know you only pay .85 cents on the dollar and they are a great investment! I just want a list of those participating in the program before it runs out.

Add a Topic
372
Mojo Dollar
Guest
Mojo Dollar

yeah, I look for advice online and when they want your cc number, that is when I X out. I did buy six marijuana stocks, total of $500 split between six stocks. One stock sold for .001 cent. so for $20 I got 20,000 shares. Made $26 yesterday, so far today down $1.99. Hell if just one turns over, it will more than cover the cost.

Add a Topic
4091
Add a Topic
1340
Add a Topic
5971
Mary
Guest

Where and how did you invest in the Marijuana stocks?

Add a Topic
4091
Bruce
Guest
Bruce

May I ask what brokerage firm you use? My broker requires a
25K deposit in order to trade penny stocks.

TNflash
Guest

I think he is hyping Drips. There are a lot of dog marijuana stocks but most are very cheap so why not take a chance. I have noticed that most have flash gains that disappear very quickly so set your return goal and exit when you hit it. I figures the odds of hitting a good company are better than the lottery. Fidelity doesn’t charge extra but has a minimum purchase amount.
Robin Hood does free trades on your smart phone.

Add a Topic
4091
Add a Topic
3600
Leo
Guest
Leo

No. It is a scam to give your money to him. Kind of like the ad that says “Send me a dollar and I’ll tell you how to make a million.” Then they tell you to post the same ad. People are not only greedy, they are gullible. Read this REAL article about it: http://www.stockgumshoe.com/reviews/money-map-report/explaining-26f-programs-and-the-retirement-blackout-on-april-10-teased-by-keith-fitz-gerald/

Al Razzi
Guest
Al Razzi

To me it looks like a scam. No response after paying their subscription and sending them several phone calls. This is the easy way to collect fast money from goofing readers!

Add a Topic
5141
Lynn
Guest
Lynn

This program is definitely a scam but if you want to know what 26F is Google Title 26 section F it will take you to links for the USC title 26 sec F and you can read it yourself. Now if you can understand it, please do come back and explain it to the rest of of us. Its so thick with legalease it would take a week to look up every embedded references section and code to cross check it. It is about tax exemptions for corporations, charities, social work, etc. etc. good luck. As it pertains to invest,nets… Read more »