Description
Using “Foundation for the Study of Cycles” data to invest a real money portfolio.
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Subscribed to M. Weiss previously promoted Million $ Portfolio under supervision of hyped up “worldstar” Klaus Vogt.He was described as the worlds only person to which Martin entrusted 1 Mio $ of his own money. The performance of the suggested investments were less than glamerous to say it in a nice manner. I paid approx. $ 2300.00 for the “privilege” to participate on a six month’s trial basis. After some 3 months I requested a full refund and received part thereof back. Never heard of Klaus Vogt again. It’s easy to drop someone overseas when your own money is in… Read More »
All, This is another hyped up, expenseive subscription, no name Weiss money manager with no background other than what Martin says. Martin has no credibility anymore, just look at all of his other subscription reviews on this site. I invested in 4 premium subscriptions and all of them lost me a ton of money!!! He puts up $1M and makes 2x to 5x in subscription base so he doesn’t lose. Also, he has closed the money machine (currency), MCP, and his wave one forever like this one. Within 6 months they all re-opened becuase of the huge redemption of people… Read More »
Weiss placed $1,000,000 of his own money in a portfolio led by Klaus Vogt. While the information and insight were helpful, informative and educational, Klaus’ investment advice was not and reduced Martin’s portfolio to approximately $950,000.00 by March 2010. Since March 9th, the S&P 500 has climbed 58.09% or 418 points. The DJIA has climbed 59.48% or 3942 points. The NASDAQ Composite Index has climbed 80.46% or 1041.03 points. Bottom line, Martin’s MDCP lost 5% at a time when the market grew 59%.
Too early to assess MRGP, but in case anyone is interested, thus far the positions are either unfilled (waiting for dips) or slightly down. Monty, as expected, is doing a good job explaining his moves. So did Claus, of course. I’m hoping that Monty is more in touch than Claus with what the mkt *is* doing, while also considering what it *will* do.
I would rather travel through time and buy a ticket on the Titanic than join another of these schemes.
I believe the government will refund any taxes paid on previous social security payments.
However, those with higher incomes must consider that in almost every country, social security payments are means tested – if a future government decided that say, anyone earning over 100,000 is not entitled to social security payments, anyone who did this conversion with this income might be out of luck!
They hype and bull is because the teaser says that the FDA will approve the breakthrough in six weeks. This has been on the market for 8 months. Besides they were on CNBC already. The symbol isn't over the counter as BTIM.ob anymore either. Trading as BTX now.
Rush Rush get in before it closes – deadlines all gone – you are now an exclusive member “BUT: the latest thing from Weiss is membership of the “Inner Circle” where you get acces to all the eclusive clubs that people have paid speceial membership fees for special advise – and the cost is …..click martins box to find out – Really this man is verging on the ridiculous – the name of the game for Martin is that old schemsters trade – symbol ” OPM” ( Other people’s Money) – Please Beware –
Hi Big Mo,
I enjoyed your little paragraph. Clever use of words.
Fool that I am, I am shorting gold per Monty’s instructions. Unfilled positions continue to rise (pull-back never happened), filled positions continue to fall to compound the misery. Moderate money-loser so far. 20/20 hindsight: best to paper-trade this service for a few weeks and then quit. Monty seems to have caught a bad case of the dreaded Weiss disease, that is, 95% of picks lose money. But it’s early in the game… ;-(
20/20 foresight: best to paper-trade ANY NEW service (from ANYONE) for a few MONTHS and then quit or NOT depending on how THE BOTTOM LINE positively adds up (or NOT). 😀
Update: The RGP has recently blasted into the green, thus transforming it from the Slow Leak Portfolio to the Tiny Green Shoot Portfolio. It now sits (after what, 6 weeks or so?) at a net (and as Travis would prob. say, “nosebleed”) +0.22%. While we can confidently say that “rapid growth” has thus far eluded the portfolio, it is best to think positively about this Weiss service: it could be far worse.
True, for every individual it may or may not be a good idea — but on average, from my napkin-drawing perspective it’s much better for Social Security recipients than for the government. Forgetting anything about taxes or medicare or other complexities that don’t fit on the napkin, if it takes a 67 year old six or seven years to break even by repaying their benefits to reset the clock, the government loses — a 67 year old man is expected to live about 15 years, a woman a little longer. It would be a short term boon to Social Security… Read More »
dist,
It’s a Weiss’ service so you won’t have to wait very long before it become the “Million Dollar Rapid Loss Portfolio.” The only green you’ll see with this subscription service is the mold on the mis-timed investments.
Joe,
Can you tell me what a UBIT is?? Also what are CEF’s?? Both my wife and I are retired and each have individual IRA’s that to this point we have not had to rely on for an income. I’m just starting research this Master Limited Partner- ship idea (opportunity??) and it appears there may be some drawbacks. Would appreciate any comment you may have.
Alan
Dear Sir:I never subscribed to this particular service of Mr.Weiss but I did to his newsletter published together with Larry Edelson.He is the biggest charlatan I ever heard of.How can you otherwise define an analyst who calls silver at 4 dollars a dead duck?Who keeps saying so even when silver goes up,”because it just goes up reflecting gold”?The amount of losses he caused to investors who followed his advice is simply horrendous.He should be sued.I wonder if these charlatans bet against themselves when things go against their expectations.If so they should be put in jail.Regards Giuliano Gatta
I have been subscribed since the beginning, carefully evaluating the picks and the rationale behind them. So far, so good. Hopefully I can update my ratings as time goes on, since the service is very new. Some highlights: – As of today, the portfolio is up roughly 1% in 1.5 months – Actual performance is somewhat better, since they wait 48 hours after announcing their picks until they actually make the picks – Mr. Agarwal was out of the S&P a day or two before the 1000 point “flash crash” – His recent pick is up 10% in 2-3 days… Read More »
Well Norge, looks like it’s time to update your reviews of yet another pig-poor Weiss service. We are down down down and going lower with this lot. I canceled my subscription today.
garbage.
The only current holding is now in the red, but the portfolio is still slightly in the green–0.65%. If the dollar strengthens, that green will turn red in a hurry. And if the current uptick in nat.gas is only a head-fake, things will get redder still. Monty A. has done well in a couple of picks, but the over-all % is what matters. In that regard, so far not so good vs. the Weiss hype (as always), although just breaking even is rare for a Weiss service, let alone being ahead. I suspect I will cancel, as there would have… Read More »
First thing about investing or trading….or services for either: Don’t Buy. Do Your Own DD, first, always. Some of the cycle concepts Weiss et al. postulates are interesting, whether they can call the “technically” best, or even optimal Entry is another story. If you check out the some what hyped and teleprompted video, the dollar cycle is said to be choppy and volatile; therefore any dollar denominated asset will be as well. So expect short term heat and draw down. Legging in and out of positions is an ideal strategy. And, since the premise is cycle trading…then also look to… Read More »
Peterg, Monty A is not a hard-core cycle-boy (I suspect he initially had to appear to use them to a degree since Weiss just paid a bundle for access to the cycles data); he has just made it clear that he is not relying on cycles data for his picks–he is instead using tech. analysis and fundamentals. IMO he’s doing a better job than any other Weiss guru I am familiar with. If the price of the subscription were a tenth what it is, I’d stay with it just for his takes on the mkt and the occasional pick (I’m… Read More »
I was a charter subscriber and canceled after three months due to lower than expected returns. I did make a small profit but not enough to continue with the service. Considering I’ve lost money on every other Weiss service, I was very glad Monty seems to at least follow good money management practices and never lets losses get out of control (unlike the Contrarian Portfolio!)
Out of curiosity I just contacted customer service to see what the current overall return for the portfolio is and it’s up .57% since inception. Not exactly rapid growth. And definitely not worth the subscription price!
My family hides from the revenue’rs in Gore. I am not a CPA. Earnings are not earnings if you DON’T deduct interest, taxes, depreciation, and amoritzation. Interest and taxes are real costs and should be deducted. Equipment wears out and should be depreciated and ammortised. Second, CPA’s will ask the company, “What do you want your earnings to be”? Then they work their magic. Investors need an indicator other than above. MSFT, XOM, GE, et al have been awful investments over the last eight years. Some folks have luck with deep value stocks. I avoid them.
Yes, their website says over 15,000 claims, not patents. Big difference.
Right, Tom. A patent usually has one bright idea and up to 50 re-worded but more-or-less redundant claims. If one claim gets ruled invalid, then maybe others won't. It only takes one valid claim to win a patent infringement suit.
I canceled my subscription after the first 90 days. They refunded my money with no hassle. I did make some money but not enough to justify the subscription price. As of today, the portfolio has a .57% gain since inception.
That’s not exactly my definition of “rapid growth.”
I charted with both m.d.c.p.an m.d.r.g.p. After over a yr. of losses with Klass an his line in the sand stop losses; I think he tried but I had enough torture! So switched to the new r.p.g. with Monty his calls are better an he watches the losses closely. Giving it till the end of the yr. Up about 1% but seems almost all of Weiss portfolios are expensive losers with good service, lots of info, mostly neg. world famous investor’s! RIGHT! Always a new angle or portfolio every month! My advice save your money! good luck!
It all souded great , but it dawned on me that that I could never recoupe the subcription fee even on a great year.Far too expensive for very so so returns.
All the same, I believe Monty is sound enough , but with the market swinging as it is, a longer term view is essential.No point trying to time little moves.
I’m out.
I took that number straight from the teaser ad, so I’m not sure where they get it. I assume that, if their past tendencies hold true, this is probably the difference between the minimum payout, and the maximum payouts that you could get if you had postponed Social Security as long as possible.
But to get $60,000 more in Social Security payment means you would have to live a minimum of 8 years after the break even age if drawing max is $2,000 and early max is $1400. the $600 difference per month would be $7200 a year. In my case, the break even age is 92 because of my wife getting a hefty increase when I took my early because hers was based on a much lower amount and 2/3 of mine was almost $200 a month more for her. I really don’t think at age 92 and up, I will really… Read More »
I had high hopes for Monty as he is not a knee-jerk bear like the rest of the Weiss squad, and perhaps he will pan out after all. There’s an interesting change in the RGP: the decrease (from 2 days to 1) in the “head-start” time subscribers are given. Not that getting into the latest reco ASAP is necessarily better (as we learned so well from Klaus the De$troyer and his perpetually plunging picks), but this must have been Monty’s idea–suspect he was feeling hamstrung by the 2-day policy. This change would imply that his picks are actually tending to… Read More »
Can the new subscribers of October tell us how they feel about Monty’s recommendations and timing?
I subscribed in early October and as a novice investor I conceded my judgment on timing to Monty’s judgment. The advice on how to enter the portfolio was against my grain and what I had read. The portfolio after I entered it (immediately invest in all positions) showed only slight profit (less than 1 percent at best) after the first month or so, and then turned to the red. I just bailed out (December 1) for a full refund and a realized loss of about 1 percent. I am still holding onto the gold and agriculture ETF’s for the longer… Read More »
hind-sight is 20-20 for sure – and i’m forced to view the steep entry fee and ~$2k in losses as tuition to the school of hard knocks – in my case, to learn that i should have listened earlier to my gutt and bailed out for a refund, that lackluster performance was not going to change, and that so-called experts can drone on about how great things are going to be without ever getting there
Skid Rower,
Sorry to hear. Didn’t you read the reviews under Million Dollar portfolio offered by Weiss and Claus Vogt? The warnings were out there. Plus I put the 2nd posting on this review. STAY AWAY and make your own money. THESE GUYS ARE SCUM AND WILL LOSE YOU MONEY!!!
Surprising that even Monty A (hedge-fund guru) can’t seem to consistently beat the S&P 500. The portfolio was slightly ahead of the S&P for a while, but now lags by a few percent. The change from a 48hr heads-up notice to a 24hr heads-up notice (presumably to get better performance for the portfolio by reducing the lag time between each reco and it’s buy/sell order) has not helped so far. I like to see the pros fail as it makes me feel better about my own failing, but it also makes me wonder how we individual investors stand a chance… Read More »
Bill
I have some one with a public mining co who would have an interest please e mail me at peterholt@shaw.ca with details
Thanks Peter
Dave,
These guys are not pro’s, they are the worst stock pickers ever because they are perma-bears. This is now the 2nd year running that they are predicting a double dip in the economy. If they do it every year, they will be right eventually. By that time you will be broke. Please go find more reputable people to follow and stop losing money with these guys or save your self the money and buy SPY and call it a day.
I have appreciated the good intentions of Martin Weiss and associates. My gut feeling is that they mean well and certainly explain their findings adequately. That having been said, I can’t feel the confidence in their overall recommend- tions. The market has shown many areas of appreciation in which I feel they could have shown more positiveness in, and according-ly, profited measurably. I realize they run a conservative program – perhaps too much so! My approach to entering into the “Million Dollar portfolio” was premised upon running a phantom amount of money out of my over-all personal portfolio following their… Read More »
PortMan, thanks for your concern, but I’m not losing any money nor am I following; I am only observing. Monty A is a pro and not a perma-bear (well, he does have one $-losing inverse hedge–perhaps a prerequisite for collecting a salary from Weiss, Inc?). He uses a range of approaches and thinks globally and is diversified across the “asset classes”. And he *still* can’t beat the S&P consistently.
Your SPY idea is probably a good one.
The actual performance versus the hype to sign on is gigantic. I signed on at the beginning of the service and made several trades with an average gain of about 1-2 percent. The published performance history that Weiss publishes show the largest winner of 5.5 percent. Expensive and not worth it in my view. The portfolio result to date says -0.17 percent.
Do you have any more information to share? The name of this company would be helpful. Thank You,
Cherrie Simison
I suscribed to the MIllion-Dollar Rapid Growth Portfolio (RPG) in October 2010 after falling for the much hyped re-introduction. All I can say is that the recomendations and portfolio, except for GLD, which anyone could have picked, have went absolutely no-where. Monty Agarwal has no strategy, or clue for that matter, other than to hide the money in cash and gold, or take risks that result in loss. I canceled my subscription at the end of July 2011…thank goodness! When I called to cancel, there was no asking why or follow-up