Weiss Research Reviews – Legit or Scam?


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WeissInc.com

 

Weiss Research, at www.WeissInc.com, is a financial newsletter publisher that provides research and analysis to their members, so they can make independent decisions about their investment opportunities.

Weiss Research, founded by consumer advocate and financial author Martin Weiss, was founded in 1971 and currently has over 500,000 active readers, making it one of the most widely read investment newsletters available.

What Weiss Research Offers

Weiss Research has five different divisions they offer their members, each providing a different service useful to independent investors. It provides two free newsletters, Money and Markets and Uncommon Wisdom.

WeissInc.com claims that Money and Markets contains unbiased daily market commentary, while Uncommon Wisdom provides daily email updates on growing your wealth and profit opportunities.

The remaining three divisions offer a variety of specific features. The Weiss Money Network provides internet television programs which offer financial and investment advice.

Weiss Ratings offers accurate ratings of businesses and other investment institutions, while their Weiss Watchdog feature will send you email alerts concerning the change of ratings on ten different companies you choose to monitor.

The Bottom Line

Generally speaking, financial newsletter publishing companies can be dangerous things. They tend to offer personal opinions as guidance for investors, and they have no legal responsibility to you if you follow their advice and things turn out badly.

It’s very troubling that many of these companies let people with no real financial experience or training contribute to their newsletters. In the worst case scenario, many of these companies are paid to bring investors to certain companies.

Weiss Research, however, does not accept payment from any company for their ratings or reviews. Still, they are currently using a “Financial Doomsday” video at www.Crisis3.com to market themselves to new customers, which is a questionable tactic.

The bottom line when dealing with any financial newsletter publishing company is to remember that you should do your own research regarding where and how to invest your money – never act wholly on the advice of one of these free internet newsletters.

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Customer Responses, Reviews, or Complaints

Average Rating for " Weiss Ratings " is 1.56 out of 5 based on 109 reviews.
  • Larry Edelson and Martin Weiss are scam artists... money-grubbing low lives walking in the footsteps of convict Marty Armstrong who stole hundreds of millions from Japanese investors in his pyramid scheme. These greedy bastards should all be sent to prison!
    • Weiss and Edelson's crash of world governments beginning October 7th was just another scam to frighten naive investors into buying his timing service. Yes, there will be a crash, but not based on Edelson's dates! He's just an idiot trying to dupe investors into the fear trade. If your worried, just buy gold for insurance and don't send Weiss or Edelson any of your money. They don't know shit!
  • Followed the advice of a Stanberry predictor Steve Sj****** to buy FXI, Chinese mutual fund, Invested $20K for 400 shares, based on Steve's advice. Within 3 weeks he was sending e mails to SELL, and lost $3600.00. No more Stanberry or other investment Gurus who claim to know it all.
  • Because their information was only 'hot air' I canceled several times.

    They still sent me their publication and now charged $ 198,00.

    When I read all the negative comments its clear that they need this

    money because they lost a lot of clients?
    • They are a direct mail house. Nobody would hire them as a money manager. I know most of the writers and almost took a job there. Larry is a disgrace to the business. Thank goodness they did not hire me. So thank you, thank you , thank you. For not offering me a job.
  • Do some research people. Weiss is a scam operation.
  • Any outfit that claims to be selling investment advice that has to resort to invasive, univited spam several times a day, is tantamount to Vinnie the used cars salesmen down at Vito's A1 Used Cars - Cash or Instant Credit - Your credit is Good with Us!
  • As far as a "one off" that Brad Hoffman from Weiss nailed his Tesla prediction. He released his special report strongly praisi.g Tesla...and it quadrupled within a month...!
    • Throw enough darts and eventually you will hit the bullseye.

      Sadly, with their advice, you might be penniless by the time the good prediction arrives.

      Best to do a little research of your own and not rely on others I reckon.
  • Ecclesiastes 9:11New American Standard Bible (NASB)

    11 I again saw under the sun that the race is not to the swift and the battle is not to the warriors, and neither is bread to the wise nor wealth to the discerning nor favor to men of ability; for time and chance overtake them all.

    I do have negative experiences with Weiss "advice" from some years ago. It is loaded, bloated and coded. The persons they will make 6 times richer with the super-cycle predictions is their favorite charity.
    • Recall that in May/June of 2011 when gold had just made a rally to $1577 Edelson was calling for gold to fall back to $1200-$1250. That was their buy back point. It was a public article. Gold fell back to $1488 and that was it. From their it rallied hard to $1920 over the next 2 months. So if those guys claim they called the gold top in 2011, that's news to me. It took another 2-3 years before gold finally fell back to the their $1250 "prediction." Considering how wrong they were about gold in June 2011, I'm not surprised they've gotten the past 6 months really wrong as well.
    • Indeed, life under the sun is consistently characterized as vanity, and your quote from Ecclesiastes is a prominent example. Contrast it with Solomon's descriptions of life under heaven in the same book. I highly recommend this alternative: a time and a season for every purpose committed to heaven's authority. Luck isn't a player there.

      I'll have to read more about Mr Weiss and the interests that keep him in the field. I'm pretty cautious about these companies, so we'll see how I fare over the next year.
  • Yeah, I tried Edelson's gold and silver trader for a while, but lost money and cancelled the service for a full refund. He would recommend a trade and give us a sell stop below the entry price. Most of the time we would get stopped out and lose money. He says "I know these markets like the back of my hand", but I would say that, most of the time he doesn't know the difference between his ... and third base.

    Now he is marketing "Supercycle Trader", with prophesies of impending doom based on the debt crisis. Agreed, the debt situation seems untenable in the long run. But I would not have much confidence in his recommendations, based on my experience. Also the price of the service is exorbitant, over 3K.

    The only service that I give at least partially positive reviews to is the "Ultimate Portfolio". It administered by Martin Weiss himself. I had it for a while, and more than half of the recommended stocks went up. There were a couple of turkeys however, and I opted out of the service to get my full refund.

    If they were really confident about their services would they offer you a full refund, even after a year?
    • supercycle trader is nothing more than supercycle losses jointed in oct and just cancelled for full refund, year to date portfolio is down

      over 12% . there is larrys cycles and then there is the real world

      he is at the moment is glueless. Joe s
  • Subscribed to ETERNUM on a whim but just bagged it based on all these terrible reviews.
    • I used to get Money and Markets Newsletter. Weiss predicted around 2001 - 2002 the imminent collapse of Japan. Don't think it happened until 2008 along with everyone one else's economies. He also said in 2008 - 2009 that interest rates would go up any month and when that would happen all Hades would break loose in the economy. Still has not happened. Probably will in the next 18 months or less, but to be off by 7 years is pretty bad. So, he's correct on the direction of macro trends some of the time but more often than not, it is not tradeable information in the short to medium run. I do have to give him credit on Glamis Gold recommendation which went up and puts on Progressive Insurance in 2001 but other misses ending up wiping out my account like puts on GM and Delta after nineelevne. He didn't figure they would get backstopped by the government and did not go down--went sideways at best. I asked them if they could at least extend the premium service that recommended these bad puts and they laughed. Live and learn and do your own research.
  • Do your own research is better than any paid or free services
    • Irene: I have been to there and back over the years. A few years ago a friend who has authored several books about business and finance suggested I read John Bogle's book.....The Little Book of Common Sense Investing. You can read it in a day if you'd like, and there is no need to digest every ounce of detail in the calculations presented unless you feel compelled to do it. The factual evidence you will find in this book will put you in a wonderful place mentally and financially for a lifetime. The simplicity is remarkable, and in this case the numbers do not lie. You do not have to be a genius to appreciate that as you move from page to page.

      When you have finished the book, call the folks at Vanguard to talk with them and establish your account. If you have the same experience I have had, along with friends who have been with them for decades and family, you will know you have the ammunition that will enable you to sleep well and not worry about big losses. Time and consistency and keeping costs very low will pay off. the track record outlined in the book will show that.

      Here's wishing you the very best!
    • how do research. Who is a good advisor on investments or protecting and making money?
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