Author/Editor
Steve Sjuggerud
Publisher
Stansberry & Associates
Description
Monthly newsletter aims to find undervalued, unloved or contrarian investments.
Overall Rating
Rating: 4.1/5. From 111 votes.
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3.8
Rating from 506 votes
If you’ve 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 150 votes
Rating: 3.8/5. From 150 votes.
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- 5 Stars 58 Votes
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Quality Of Writing/Analysis
Rating from 123 votes
Rating: 4.1/5. From 123 votes.
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- 5 Stars 62 Votes
- 4 Stars 34 Votes
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- 2 Stars 7 Votes
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Value For Price
Rating from 122 votes
Rating: 4.1/5. From 122 votes.
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- 5 Stars 64 Votes
- 4 Stars 29 Votes
- 3 Stars 18 Votes
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Customer Service
Rating from 111 votes
Rating: 4.1/5. From 111 votes.
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- 5 Stars 53 Votes
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I have no experience whatsoever and want to know if someone like me would be able to understand and follow this to benefit from it. If you need to be a investor guru, then it’s just a waste of my money. I listened to Steve’s entire video today and I am very interested in finding this out. I am a single divorced woman who needs to protect herself and all I have is me to take care of me..no one else. I have my money in an Edward Jones and want to get it in the places I need it… Read more »
You are bright enough to understand Steve’s writing. I’ve subscribed to TW in the past, and he’s easy to understand. However, you’ve found your way to this site, and you’ll get a much cheaper education here, and have a little extra money to put towards some ideas you read about here if you don’t pay the big bucks to subscribe. As someone previously mentioned, it’s almost impossible to get in to his recommendations at the suggested price, at least when you first read the letter. Steve likes China, and you might look for comments here about Chinese stocks, or tech… Read more »
Hello Judy, I completely understand where you are coming from. I read True Wealth to try and stay on top of market news. I too am a novice. I recently found this company that may offer some helpful information – I posted their link below. It has defiitely helped my husband and I. The very best of luck to you.
Yes; I believe you will have no trouble understanding. Steve gives actual product names in his newsletter. I am not currently a subscriber, but have subscribed in the past. I am also a financial professional. His newsletters are not technically based; they are new-based. Steve’s advice is down-to-earth, appropriate, based on facts, and honestly I think it’s a pretty good deal. Another thing I like is the website for http://www.financialsense.com with Jim Puplava. Jim is more technical IMHO but also great advice with net radio program. I am not connected with either Steve or Jim. Just a finance afficionado. GL
Jody, Years ago I had two of his services. One recommended Iceland government bonds. In about two years later the Government of Iceland defaulted on these bonds.. They became worthless. People who read his report lost every penny….for ever. Island government never made good on their bonds. Then years later I subscribed again to his Asian report. Later… about 2 months later. The ETF he recommended as certain to go through the roof because he travels to China and has contacts in China fell almost 40% in value. Fortunately I hesitated on the China investment, or I would have been… Read more »
All the market gurus out there are like that. They hype their successes to the max & leave out the losers, so we have only the heavily redacted version of their records. This is manipulative to be polite, fraud to be accurate. Save your $ instead of enriching them & their publishers. When you see nonsense, such as “Brandt oil” with no definition & miraculous potential, just click delete. Frauds & fakers are legion. Do your own research, double check with Stock Gumshoe when in doubt, & invest in good companies. Don’t be the vulnerable target of charlatans.
Want to kibbitz? Jim Lundy jrltrendr@hotmail.com
I will say if you are happy with Edward Jones stay with them. Problem with newsletters is they bombard you with emails and promotions and keep your mind occupied with same repeated information and you cant focus on your life or enjoy or give attention to other activities. Let Edward Jones manage money and use your free time doing what you enjoy and keep your mind free. It’s not worth keep on reading and monitoring your stocks. In the end nobody makes more money. Free mind and free time for yourself is worth millions more.
I used to monitor my brokerage account religiously during trading hours, ’til I realized the market has been going up & down all my life, before I had a brokerage account, & did so without ever a single glance from me. This revelation freed me from monitoring my brokerage account. I buy stocks I think will be good investments, then get on with my life while the market is open for trading. No wasting time or worry or anxiety during trading hours. Then at night, I record the closing prices for my stocks to track their progress up, down, or… Read more »
I have had good results overall with Sjuggerud’s advisories. I found taking regular but small positions-200 t0 300 shares worked best for me.
But after following him for years… he made his BIG money in Florida real estate speculation after the 2008/09 crash. His bond recommendations almost cost me a 230,000.00 dollar tot al loss and when I was in his China news letter a 40% loss….. so He is not as reliable as he states in his letters. He only boasts his rare big wins. If you sign up you better purchase puts to cover your assets.
Steve and the other analysts at Stansberry recommend only a 4-5% exposure to any investment. Therefore, if you were following their recommendations I presume you have over 4.5+ Million in your portfolio.
Sjuggerud is smart and, i think, shrewd. He is explicit and straightforwad in his recommendations. That said, I think he is best for sophisticated investors who understand risk. Like most of the Stansberry group he produces some good stuff, BUT, there is a lot hype and sales pressure. Use them, but keep your hand on your wallet and make up your own mind. These are independent minded smart people, not peddlers of junk ideas. BEWARE the sales pitch for additional services. They are expensive, probably not worth the price and aggressively pressed upon you.
Yes, with any investment risk and proper money management is paramount.
He does recommend usually 25% stops. Not a stop for the faint of heart or dearth of funds.
I’ve been reading Steve for years. I subscribe to his three services and give him a plus five rating. He is usually spot on. Very, very happy with my subscription.
I have followed Steve’s writings for years and have done very well, thank you. Probably the best value for the money of any newsletter out there. The only part of his recs I do not get into are his leveraged ETFs. If I had I would have made a lot more but I’m just not comfortable with them. A very straight shooter who called the huge move in China stocks years before anyone else.
I’ve been reading True Wealth for a little more than 3 years (since Dec 2014) . Steve Sjuggerud has had a very good track record over that time. In the last week Porter Stansberry has been talking/writing about Stansberry newsletters audited performance. Steve’s performance is the best – a little over 16% annualized gains over the last 10 years (if I remember correctly). Like every stock picker, he has some losers as well, but he tells you when to sell them, so the losses are limited.
Sjuggerud has made me more money – by far – than any other investment advisor. I would rate this even higher, except that very good True Wealth is outshone by his excellent True Wealth Systems, which takes a more quantitative approach. And both lag his outstanding True Wealth China Opportunities, which has absolutely staggering results. TWCO is only 18 months old, but every single one of 23 positions shows gains, even after the recent correction, and the average gain across all positions is 48%. My only “problem” with Sjuggerud is that he has far more terrific ideas than I have… Read more »
Customer Service is mean and rude. The management, people and authors at Stansberry do not value their customers or their feedback. They keep grudges for years once you cancel any newsletter or give negative feedback. And they keep anonymity and anger documented in their notes so everyone including authors are mean to you in future. This attitude will definitely harm them someday.
Steve is way on the positive side of results versus proposed but failed opportunity. Have benefited from KWEB, IPAY, TCTZF. His method is contrarian and do the hard thing, invest in a hated asset that is on the floor but quite likely to rebound. His real estate picks were good and he is an advocate and showed historically the major equity markets in the US end on a melt up. Since the current markets were so heavily juiced by the Fed and Central banks along with a recent corporate and individual (?) tax cut; there might be one incredible melt… Read more »
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 history… 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 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,… Read more »
mobilecc, which service do you subscribe to at Seeking Alpha?
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.