Author/Editor
Brett Eversole
Publisher
Stansberry Research
Description
Monthly newsletter aims to find undervalued, unloved or contrarian investments. Portfolio has about 25 positions and is listed by Stansberry as conservative. Started and formerly run by Steve Sjuggerud.
Overall Rating
Rating: 4.1/5. From 141 votes.
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4.0
Rating from 652 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 202 votes
Rating: 3.7/5. From 202 votes.
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- 5 Stars 74 Votes
- 4 Stars 65 Votes
- 3 Stars 21 Votes
- 2 Stars 20 Votes
- 1 Stars 22 Votes
Quality Of Writing/Analysis
Rating from 154 votes
Rating: 4.1/5. From 154 votes.
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- 5 Stars 73 Votes
- 4 Stars 47 Votes
- 3 Stars 14 Votes
- 2 Stars 10 Votes
- 1 Stars 10 Votes
Value For Price
Rating from 155 votes
Rating: 4.0/5. From 155 votes.
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- 5 Stars 78 Votes
- 4 Stars 37 Votes
- 3 Stars 22 Votes
- 2 Stars 5 Votes
- 1 Stars 13 Votes
Customer Service
Rating from 141 votes
Rating: 4.1/5. From 141 votes.
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- 5 Stars 69 Votes
- 4 Stars 41 Votes
- 3 Stars 16 Votes
- 2 Stars 5 Votes
- 1 Stars 10 Votes
I may have been overly harsh in my review above. I did actually receive a True Wealth newsletter in the mail today. The US Postal Service mail. So it appears I am getting what I paid for.
I was also inaccurate in stating that I get 5-6 emails a day from the Agora/Stansberry group. I believe it’s really 2 or 3 per day. I also get promotional investment mail from other sources, and it is somewhat difficult to determine what is from who. It would be nice if Agora/Stansberry understood that time is a valuable commodity and that they need to condense their communications by a factor of 5 or so.
I think they are going for the methodology of overloading your short term memory with THEIR IDEAS eg accolades, so when you then try to make a decision your brain is overloaded with their thoughts eg how wonderful they are and you make a wrong decision. eg their Melt Up video was more than 2 hours, and its known that if you continually push some ideas for 2 hours, people’s brains get overloaded with the ideas and they will make a decision based on what they were told rather than what they think because their thoughts have been crowded out.
I’ve just renewed for a second year. I like Steve’s approach, but being a contrarian you have to follow your own judgement.
I’m not yet sure how long term he is, so his timing might be off sometimes which is crucial when entering or leaving a market. Examples: Icelandic Krone obviously was a blunder, but heh I don’t recall anybody saying don’t touch Lehmann Bros with a barge pole the year before they went belly up!
India was a big hit with him when he visited late last year (?) and I’m sure he’s right long term..very long term.
He didn’t call the bottom of the hosung market correctly when he proposed KRE at year end 2008, but he has called the end of the recession in booming language in June 2009…we’ll see.
His one big call (which I was keen on, but missed completely) was his advice on the Hang Seng being cheap cheap cheap because interest rates in the US were low; the USD was weak as hell and the av p/e on the HS was less than 10. January 2009. It’s since doubled! Advice doesn’t come any better than that!
P.s. I absolutey agree with Doug from utah about Stansberry Research’s constant “fy sheets”
I subscribed in 2007-2008 and have not renewed. I didn’t actually buy any of the recommends although I very nearly bought Thornburg as his case for this was very convincing. My biggest bugbare with the newsletter was phrases such as, last time the S&P 500 did this, mortgage company stocks rose 50%, or phrases of that ilk. I must say that I hadn’t appreciated that the newsletter had a statistical analysis bias when I bought it. However whereas I believe that S.A. is a useful tool in identifying opportunities, a lot more research independant of S.A. is required to understand the Company and it’s issues. As an investor I have found that there is often a good reason why stock appear undervalued and it may be that other people in the market know information that you don’t which is why, you see “value” where others don’t. Also it is much easier to pick winning stocks when in a bull market, when everything is going up!
Subscribed to this letter for $49; renewal is $79. Dr Sven has a very good system in place that he call “1-2-3 Stock Market Model; it can help you understand what he thinks the market it going to do using a system traffic light like system. I enjoy his writing style and the informative tidbits of information he provides about the recommended stocks. Really liked the “economic recovery script”; couldn’t really believe it at first but Dr Sven has been right on track with most of the macro views. Actually just today one of his reco’s (SSRI) is zooming …
Been with him for several years. Bombed on Icelandic bonds, fortunately his recommended broker got me switched to Swiss after losing “only” 25%. He thinks highly of himself and must have a bent and crippled arm from stroking his back. Tho he will occasionally come up with a winner, I would not advise taking this letter.
My experience with this letter over the past 5 years has been terrific. he tends to go out on a limb and call major turns. When he is wrong as, he was with home builders in the last year, you lose 25% of your investment, as he reco’s 25 % stop lose. I His seabridge gold reco was a HUGH winner. My potfolio would be much smaller without his winning investment ideas. His gold coin reco,s worked excellent. He knew when to sell Ms 70 and get into ms65.
Subscriber for many years but interrupted when I wasn’t investing. Very straight forward and easily understood. Stock picks are above average in returns and safety. It’s an excellent value for the cost.
True Wealth
Steve Sjuggerud is a most interesting read! He comes up with enough good picks to more than make up for his bad ones (like Icelandic bonds, even though this reco led to a broker who is doing very well for me with part of my portfolio). Likes to find the unusual or creative investments like sets of gold coins.
I have found True Wealth tpo be very useful in finding new investing ideas. I like people who think out of the box.
I’ve been a subscriber for a little over a year to True Wealth and also S&A Digest. I tried the True Wealth Premium level for the last 5 months and like it better overall. I’ve never dealt directly with customer service so I can’t rate that, but when I did email them they did respond promptly. IMHO: I find the information provided to be an interesting read. My only complaint is the many marketing letters that I get are way too many to follow because they are all to get you into another newsletter for about the same price of $50. and sometimes for thousands! Since I don’t have that kind of time or money to spend on more of the same, I rarely go through those marketing ploys anymore and limit it to the actual newsletter promised. It is a good idea to use a separate email address for them as one person said. I paid 50.00 for True Wealth and upgraded for the same amount and will probably keep it another year or so. Initially it was a learning tool for me. I have not followed that many of their recommendations, however, that is due to my own research of the investment idea. If it doesn’t meet what I’m looking for (I’m mostly just a stock trader and a numbers person so I look at the financials as my primary research) then I don’t buy it. The newsletters do provide me with ideas to look where I might not have looked before. For instance, normally I would avoid “stocks” tied to precious metals but I made quite a bit on the SLW (Silver Wheaton) call to buy before silver took off awhile back. I also got out of an EFT early because of something I read from them and saved me a rather big loss. I think it’s a good buy as long as you stick to your research and follow your own instincts too. It is good idea maker for me, though I can not get their entry price either but then I read them late usually. Happy Investing!
I’ve been a True Wealth subscriber for about 5 years now and I think it’s a very good value. Steve is a cautious investor who looks for three things: (1) unpopular/hated, (2) cheap, and (3) in an uptrend. This advice seems to work pretty well, and very few of his recommendations took a nose dive like others did in the summer/fall of 2008. His macro perspective is interesting and entertaining, and the only real downside is that very rarely have I been able to get in on the recommended buy price, probably due to the many thousands of his subscribers. But all in all I would highly recommend.
I’ve been with True Wealth for 8 years. I agree with much that’s been said but if I had bought gold when he told me to I’d be in a good place. I’m way up on his choices over the years. Yes 2008 was bad but I don’t buy everything he recommends, I use it as a tool. His ‘virtual banks’ have made me money year after year after year. He has a brand new service that rates using a new system. I’m watching, bought two, we’ll see…… I recommend him highly.
This news letter is great for finding new parts of the markets that have recently turned upward. Combines contrarian approach with early-on trend following. The losers are usually small losses and the winners are sometimes really huge. Fun to read. Only use the picks if you are willing to sell when stops are hit.
Always an interesting read, and good for picking out new investment trends early on. I no longer subscribe, but only because I needed to cut down my subscriptions. One of the better newsletters.
Some good ideas here. OK letter, not great.
I’m new here. I see all the responses about Steve Sjuggerud’s True Wealth are dated. Wondering what the current perspective is? Worth investing in the monthly newsletter at $2500 for two years? Thanks
Twhite, I recommend an Irregular membership to Stock Gumshoe at a mere 13 1/2 cents per day any day of this Century. 🙂 The very best investment of my life. 🙂 Best2You-Ben
Yes, I have that. My question was about the Total wealth newsletter, that has feed back from a couple of years ago, but nothing too recent. Looking for a little fresh insight. Thanks so much
This is about True Wealth not Total Wealth. True Wealth is not $2500/2 yrs. More like $49 first year with renewals about $99 after that.
It was the first Stansberry pub I got and then I took a lifetime subscription including Sjuggerud, Eifrig, and Stansberry. There is a small annual maintenance fee.
I abhor their continued sales efforts for more and more publications and just delete their emails quickly.
Overall I am satisfied getting multiple and sometimes different views of the market.
The first time I signed up with this fraud he pushed Iceland bonds… You had to buy them in $250,000 increments. If course he never bought any… and guess what happened next. Those bonds were not worth the paper they were printed on. All of True Wealth readers who followed his magic advice lost every penny or is that dollars.. Lots of dollars. Then I foolishly signed up for another of his services. This time he boasted about how one must invest in China. In a few months after the Piled High and Deep PHD gave his inside advice the markets he recommended, they crashed and burned like a NASA Red Stone Rocket. Fortunately I did not invest in either of his PHD recommendations. If you read through the lines this guy has made his personal big bucks during the cyclical Florida real estate bubbles and selling worthless promises. His sale pitches leave out his horrible Icelandic bond advice and crashing advice on China based ETFs, just to name a few. His advertising only remembers the few lucky picks he had recommended by throwing darts at a wall board listing of stock symbols. Spent your money wisely.
I bought the Iceland bonds as well. The minimum was $50,000, not $250,000. They went up slightly, bounced around down to mid $30s, then ended up a little less than the original price at which point Sjuggerud recommended selling them. I recovered almost all my original investment, something like $47,000 -$ 48.000, not, “lost every penny”, by any stretch. He’s not right 100% of the time, but you’ll make money following his recommendations, unless you have bad investment habits, then no one can help you.
Wow, where have you been? Have you looked at his China recos lately…Tencent, KWEB, etc. All up 30-80%.
None of this company’s and other newsletter publishers advertising includes the negatives, that’s what advertising is.
Sorry you took some losses…Did you act on the stop losses? I use TradeStops to track mine with volatility based stops.