Author/Editor
Dr. David Eifrig
Publisher
Stansberry & Associates
Description
Coverage of retirement issues, discounts and deals, and investment strategies and concepts. Not focused solely on being an investment-picking letter but does make recommendations.
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Rating: 4.1/5. From 51 votes.
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3.8
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I am an Alliance member and thus receive this newsletter as a part of my membership in that organization. I must say that of all of the Stansberry publications I receive this is the one that has the least resonance and usability to me. I am an academic physician (just the type our good doctor rails against in all of his ads and come-ons). So you might guess I have a good reason not to give him a good rating. However, m problem with his advice is that is generally not novel, occasionally incorrect and often laced with his own… Read more »
I’m an Alliance member too and essentially get this particular piece with the deal. I’m an Australian and whilst some of the bargains/ideas sound pretty good it is not geared to stuff I can follow up on here down under. I’ve learned what to ignore with Stansberry stuff. I have to say that if I’d ignored less I’d be filthy rich by now! As far as the medically related/FDA picks go I don’t think it has lived up to the marketing hype and is all so fickle.
Wow – this is not at all what I expected when I subscribed. This letter isn’t really about investing per-se so much as it is about securing “so called” bargains on a variety of things useful or not. Information provided in this letter is generally available on the web without getting a subscription for anything. Dr. Eifrig’s seeming continued berating of the medical profession makes me wonder if he doesn’t have some sort of axe to grind. I for one have great respect and admiration for the physicans who have cared for me over the years and I doubt they… Read more »
I get the Stansberry reports and this was an add-on for $49 a year. I’ve only gotten three months, but I can tell you it is not worth the money and in fact, I will probably be requesting a refund. I’ve gotten more from the free Gumshoe stuff than anything. OK. I will join and pay (after I get my money back from the Retirement Millionaire!)
I just let the subscription to this newsletter expire. It was nothing I expected! It contained way too much content about the personal experiences and his life. What financial advice was there seemed to be focused at those going into or in retirement that had large six figure accounts. Need good newsletter for the many babyboomer retirees that have a nest egg but not one that’s double yoke.
I think the possible cloud computing kings may be among these , only because I ran across this on some MSN vidio, but please research any of these symbols carefully not only because of the market cond., but mainly because this is a new endeavor of mine thats been fun and I could be off the mark. but hopefully it helps!!! And GO GUMSHOE!!!!! Sorry, couldn’t leave that out. Look into these symbols and good luck! CRM, CSCO, JNPP, RVBD, Qualcomm(not sure of symbol), and apple. Funny that microsoft isn’t mentioned here as they were Bill Gates future momentum looked… Read more »
I was only really interested in the financial advice and maybe the freebies. With an intensive background in human physiology, I’m afraid a lot of what the good doctor shared just simply wasn’t true but with a medical perspective, it’s no suprise he would think he was offering good advice so I’m not blaming him but rather the partial miseducation he received at pharmacology school.
Hi, Jack Ebner,
Your comment that “a lot of what the good doctor shared just simply wasn’t true” interests me.
This is not a challenge or anything of the sort, but I like to check out where I might have been misguided from reading his reports. Would you give some specific examples of
his misleading or misinformed advice? Of course, the more examples you can give the better.
Thank-you for your consideration to respond.
JPL
07-22-2010
Your English is far better than my French, merci beaucoup.
I subscribed. Since then, I have looked over the monthly issues. In the April 2010 issue, the advice is given “I recommend you add the UltraShort FTSE/Xinhua China25 Proshares Fund (NYSE: FXP) to your portfolio at less than $8.75.” On 15April2010, ProShares UltraShort FTSE/Xinhua China 25 (FXP) announced a 1-for-5 reverse stock split, so the $8.75 becomes $43.75. Since that recommendation, FXP reached a low of about $25 and now (26Feb2011) has reached about $31. I guess I’ll cancel my subscription.
This is another Stansberry product that uses a 25% stop loss to hide losers from their portfolio, so you have to go back and figure out how many times you would have been nailed. On MELA he had a 50% stop loss and it went there like a homing pigeon. I read the letter for fun and the interesting retirement tidbits, and it is cheap (3 stars for value). I have never bought a single one of his stocks, because after doing my due diligence not one made sense. Now he has started Retirement Trader – good luck with that!
I just heard a promotional ad via a “link” for his newsletter. He implies that silver will be HUGE in the years to come. He states that the historical ratio of silver to gold is 15:1. With gold at $1500oz that suggests silver should vault to $100oz. Any research I’ve done says the historical ratio is 55:1. If you believe in “reversion to the mean” silver should be at <$30oz or gold should be at $2100oz with no movement in silver. Based on my research his newsletter lost all it’s credibility right out of the gate. Take your chances!!
Thanks Gregg, and welcome aboard — I’ve run across Tanzanian Royalty but never taken a close look before.
WELL I WAS ALMOST SCAMMED TILL I READ ALL YOUR REVIEWS,THANKS,IM GLADE I FOUND THESE AFTER DECIDING TO RESEARCH A BIT.WHAT REALLY GOT ME UNDECIDED IS ,LIKE IN A LOT OF OTHER STATEMENTS OF THIS SORT I HAVE READ.THESE PEOPLE ARE MULTI MILLIONAIRES AND IN MY OPINION THEY ALL SAY THEY WANT TO HELP THE AMERICAN PUBLIC,WELL IF THIS GUY AND OTHERS OWN SO MANY MONEY MAKING BUSINESSES AND HAVE SO MUCH MONEY AND ARE REALLY WANTING TO HELP THE AVERAGE CITIZEN AS A RETIREE ,LIKE MY SELF,WHICH IM ON DISS. AND 63 YEARS OLD,WHY IF THEY HAVE SO MUCH… Read more »
This guy is a doctor, but my doctor and I don’t even think he knows what he’s talking about in medical matters and advice. This one is a complete waste and I don’t even read it anymore.
I subscribed to your newsletter yesterday, paid with my credit card and have received nothing confirming my subscription nor the promised publications. Please advise why!
L. Keith
If you reach back to the 1970’s when silver was going strong the the ratio of gold to silver was continuously described over and over again as not 15;1 but 16:1. At that time the guru’s claimed that the 16:1 ratio was historic.
The Atrticle did NOT contain the SPECIFIC “Magic Words that were touted, nor do the banks hold any pre-1965 coins (based on samples of 200 Half- dollars and 200 Quarters.) On inquiring about the “Magic” Words, I was told (by an Assistant Editor, no less) they were “DO YOU HAVE SILVER COINS?” How’s THAT for insulting someone’s intelligence? Needless to say, I will be VERY skeptical of offerings from Stansberry & Associastes in the future.
I enjoy the blend of conservative investment advice and human health comments. Some might be put off by some of his medical views, but having a PhD in biology, I think he tends to be right more than he’s off base. A good value if you can pick it up for $39.
I enjoy this newsletter from “Doc”. To be honest, the monthly letters do have an investment picked each time and a review of the outstanding picks when appropriate. This is usually interspersed with other information, like the best things to buy in a given month, health related issues, etc. I was offered to try this with a renewal of my Porter Stansberry Investment Advisory subscription, and I have felt it a good compliment to my conservative approach. The only negative I have for this particular letter is there isn’t a single point to see all open positions, when they were… Read more »
I think Doc is a very interesting character. I’ve found lots of his health advice to be useful. His financial advice is very conservative and solid, he’s gotten high grades every year from his publisher. When I decided to turn to a newsletter to guide the conservative management of my partner’s money, this was the one I felt filled the bill. @Tyler: Doc does have a current portfolio on the website, plus many other tools and reference materials. He just doesn’t take up space in the newsletter for it, I think the health comments take that space.
Great advice for the retired, with heavy emphasis on dividend growers. Bonus of helpful health info.
Great Advice for the Retired.
But REtirment Trader is better. It’s also a much more expensive.
The wisest investment newsletter of the Stansberry bunch, along with the other Eifrig newsletter Income Intelligence. Conservative, long-term winning investments in a diversified range of markets.
Terrible advice! I have lost mucho dollars following the “strong buy” recommendations of this guy. Take a look at TEVA, BP, ETP, and several others to see what I have lost over the past year.
I too am a subscriber and find Doc’s advice typically spot-on. If Stansberry’s Top Performance stats are to be believed, Doc is by far the best of the bunch. While I don’t recall the exact figures, Doc’s credited with 130 winning trades in a row and previously he beat the 150 figure. To me, that seems pretty good… I’ll add that I’m a biotech and medtech headhunter and have spent pretty much all my days in that world for 25 years so I do tend to follow his life science investments a bit closer than many others. I have learned… Read more »
Pretty obvious simple recommendations. Most you will be already owning or well known stocks which whole world already knows or owns. And then lectures on put on sun screen to avoid cancer and eat healthy, wear Bluetooth while talking on cellphone kind of lame articles. Least useful newsletter.
The author Dr. David Eifrig does not like any negative criticism or negative feedback. If you do, they bully you and cancel your membership. Most recommendations are on how to eat healthy and how to control sugar and salt, what vitamins to eat etc. It’s for novice retired old people. The portfolio is pretty simple most stocks and mutual funds you already know and own. You don’t need newsletter for that. Be careful with this Author. Thanks
My experience must have come at a low ebb for the buy recommendations…three buys…three losses, although one, Shell Oil, has eventually turned profitable. Seems that I have a knack for choosing the lowers from market letters while others may buy into other choices and profit. For that reason, I am no longer a subscriber.
This is a well written newsletter with good stock picks most of the time. The 25% stop loss is a bit much, but overall it has done quite well for me over the last couple years while I’ve been a subscriber.
Have any of you (or know anyone) tried Dr. Eifrig’s income method of covering options? For $3,000, you get 2 years of his Retirement Millionaire, and a step-by-step videos with info on how to unlock your brokerage account for instant cash. His 95% success rate could allow you to collect $1,000s each month, starting immediately. Scam?
Retirement Millionaire is less than $100 per year. The cost you are referring to is for Retirement Trader which is entirely made of covered call option and naked put trades. To earn at least $1000 per month you have to start with a good size account and do a lot of trading. From his current portfolio, five of his 15 naked puts have ended in having to buy the stock, so you would have to have enough to cover that cost, he then sells covered calls on stocks owned.
Dr Eifrig probably recommends selling puts or put spreads. In option trading, this is has the highest probability of success.(Covered calls are probably the safest) You collect the “premium” up front. If you know a little about options, have a decent trading account and extra money that your broker wants you to have in the event the trades go against you, Barcharts.com actually gives you a listing of these types of trades along with ranked probabilities for success. They do this continuously every day for free. That is just a start. My advise. You can be successful for 10 times… Read more »
Just found this web site and wish I had found it a long time ago. Over a few of decades I’ve wasted many dollars on useless newsletters and advisory services that the reviews here would have helped me avoid. In any case, Retirement Millionaire has been one of the “keepers”. It is not geared to make you big dollars fast. It is very conservative and over the 8 years I’ve been following the recommendations, it has proved to have solid, long term returns. I’m a former aerospace engineer, “gear head”, believer in hard numbers, and active trader. I’m am online… Read more »