Results-Mamphilly Newsletters, real numbers.

By mmatfess, March 27, 2018

Hello:
The last Mamphilly thread got a lot of attention, I thought I would begin a new one and review my results in 2 of his newsletters.
Methodology: Whenever I get an investment advice from either newsletter, I buy into the stock for a pre-determined amount, and track it along side if I had invested the exact same money into the s&p 500 ETF. It is what I use as my benchmark. There are some notes below that will quanitify some exclusions, and if you were to ask Travis, he can verify that I am a real person, not in any way related to Paul or Banyon Hill, aside from buying a subscription. I subscribe to Profits Unlimted and True Momentum.

Profits Unlimited:
Since joining in March of last year, I’ve followed PM’s suggestions on a total of 25 stocks. 15 are presently active, 10 have been closed, 9 at a loss. 3 are open showing a loss. 12 are showing a profit. Purchases began in March, and trickled in through the year including last week. My investments paid off 11.4%. Had I invested same dollars at same time in IVV (S&P 500 ETF) my gain would have been 4.7%. So I am pretty happy with that newsletter.

True Momentum:
I joined in May of last year. I have bought into a total of 16 stocks, 6 of which are now closed. Of the 6, 2 closed with a profit, 3 closed at a loss,, 1 broke even. Of the 10 active stocks, 8 are profitable, 2 are showing a loss. Purchases began in May, and trickled on through the year, including last week. My investments paid off 22.2%. Had I invested same dollars at the same time in IVV, my gain would have been 2%. So I am quite happy with that purchase as well. (If I was unable to put at least $1,000 into each stock pick, the price of the subscription might not have been worth it however).

Overall, I think he’s done a good job of providing what he said he would, and his folky method of explaining his suggestions, along with a buy zone.
On the negative side, there are some thinks he and Banyon do that is especially irritating.
1. They bombard you with too much spam email. Waves of it. Calling to get it reduced helps for a matter of weeks.
2. They use fuzzy math. If I have 4 positions each with 25% gains, to me that is an average of 25% gain. To them it is 100% gain. (25+25+25+25). This I find really objectionable, as he is saying his Profits unlimited is up to 1000% gain. I joined late, so using his method I’ve achieved a 315% gain. Really, my cash return is 11%.
3. Some of the picks from True Momentum are from BEFORE the service started, I’m told these were ”beta testers”, but it still feels dirty.
But these things help me remember that at the end of the day, I should trust no one, and track all this myself.

I hope this helps someone considering either of both of the news letters. I’d love to see a similar analysis on Extreme Fortunes, or any other newsletter. It would be unethical to share the stock picks on a public forum (or in private messages) and I dont want to risk my subscription (I’ve earned almost $5 for every $1 I would have earned with IVV), so please dont ask. I just felt like this information would be helpful.

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EF doesn’t deliver on it’s promises. Haven’t done the type analysis you have. Not necessary since the vast majority are losers. I do believe that most will be winners in the future. 1000% winners is laughable relative to Mampilly’s time frame. I disregard Banyon Hill emails as they proved misleading. Peak Atrocity (Michael Carr) single handedly wiped my available investment capital out. Modest gains relative to Indexes in no way reflect advertised reality. As a EF investor I won’t know legit returns for 2-5 years. I would NOT have become a charter member in retrospect.

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