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.
  • 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?
  • I've never seen so many negative ratings on any organization. In fact, there was not even one subscriber with a good story. Recently I read two of his books and started looking at his videos but the series of videos are like the dance of he seven veils; it just never gets to the point. It's got to be hard to feel compelled to foretell the future daily. More often than not, many cycles last for quite a while such as the uptrend in the domestic markets and the downtrends but I'm not sure that there is enough big action to justify daily prophecy but I'd bet that he calls tops and bottoms of the major indices fairly well if only I could find some data. At the end of the day, whether its a $20 book or a $1000+/year subscription; nobody is selling the goose that lays the golden egg.
    • Thank you Mark. I like the dance of the seven veils description. I think I will listen to myself then.
  • I haven't tried weiss yet but I have had favorable results with Motley Fool
  • Does anyone know about Nilus Mattive and his advice?
    • Bill, there's nothing funny about my "mythical" account. Before my son began managing that money, I wasn't even making 1% on it. I can't attest to anyone else's integrity but I can for my son. By the way, how did those four months work out for you?
    • I just subscribed to the SOcial Secuirty info they have and the price was good, the info accurate, not deep; seems appropriate for folks who don't want to get in the weeds. He has a conservative portfolio and some funny stories, and I chuckle when he refers to his dad's account--I view it is a mythical one, but it could be true....

      I've not seen anything in the products so far to cause me concern. I'm giving Nilus's options product a shot because I know it is possible to sell puts and calls and pace them to make pretty good returns in up and stable markets--curious about the next four months (25 Aug - THanksgiving 2015). I'm basically paying for setups I would need a couple years practice learning how to do and another voice for when it's a bad time to trade. If I spend $1700 and make $5K this year, I'll consider it worth my time and money, and I'll have picked up a trading skill. If I make $10K or more, more power to me, and I'll stick with him a few years. I'm 63, by the way.
  • I am so glad that people are not afraid to tell the experiences they have had with different newsletters. I have found none that have helped me, but have found several that seem miraculous with their calls. Have spent thousands on different news letters only to be disappointed and poorer for the experience, (including James Dines).The only person I have ever found who I think has some smarts about the markets and makes sense is Martin Armstrong. I cant afford the 5 million or so he charges annually to his corporate clients, but Funny enough, he makes his blogs available to anyone at no charge. You can read and try to understand what he is saying and then make a decision for yourself which direction you should go.

    I think I seem to be like everyone else, looking for just a little bit of assistance with which direction the market may be heading, but severely disappointed with the newsletters I can afford as they seem to know less than I do and trust me, I don't know that much!

    Anyways, thanks for letting me rant, I am just very disappointed with people that scam other people and think it's ok.

    I do listen to Michael Campbel on CKNW in Vancouver Canada (money talks) he has interesting opinions and interviews many people, including Martin Armstrong, and ferrets out their opinions and research to get general directions.

    Dies anyone have a newsletter that they would be able to recommend and have had success with that we may be able to look at? I, as well as several others I'm sure would appreciate it.

    Thanks
    • true, read going fishing portfolio by alexander green

      and stop trading it's a losers game.
    • Maclay.... I would encourage you to read my comments to Irene (above). NO, I do not work for Vanguard. I do, however, share some of your experiences with financial advisers and newsletters. When you absorb the

      facts presented in Bogle's book, I guarantee you will say to yourself......Where has this been all of my life. Also.....Check out Warren Buffet's comments on investing in Vanguard's LOW COST funds. He is not the only expert who will recommend them, but he's not a bad source. :)

      Sincerely,

      Don G.
  • I have been a subscriber on three programs with Weiss. and I git already full refund for tow of them. I am still a subscriber to the ultimate portfolio which is moderated by Mr. Weiss himself. I like their rating, and I double check their actual entry to the market. Almost all of their recommendations to buy at market price were when the stock was at all time high. So I am setting my own parameters for entry. In a few cases the stock dropped 15%-20% after they recommended to buy. I waited and as a result have better performing portfolio.

    It seems that they based past performance on back testing which can be useful if combined with proper technical analysis.I will run few more months with this service and then decide on refund. for the ultimate portfolio they refund 100% during the first year.
  • Given the various reviews for subscription services at Weiss, has anyone considered the ultimate stock option service? 4500 for a year? Whaddya think?
  • Just an update, here are recent recommendations in Weiss' Global Resource Hunter:

    Was just looking at some recommendations made by James DiGeorgia of Weiss Research, as I’m cleaning out my mailbox.

    And it’s staggering how bad they are.

    On Aug. 25 he recommended buying PWE (Penn West Petroleum) at $7.35 a share. It’s now $1.82.

    On Oct. 3, he did a huge analysis (at that point was down 17%) on how undervalued it was. To quote:

    With that said, if you do not yet own shares in PWE, I suggest buying them now. With them trading under $7 a share, they are an absolute must-have.

    On 12/24, he recommended doubling own on PWE at $2.21, right at the top of a small bounce. Again, it’s at 1.82.

    A day later, after a prior recc that ended up buying SolarCity (SCTY) at $80, and then adding more at $65, he sold some call options at $72.50, saying it was a $150-200 stock. It’s now under $50. He did sell covered calls on 10/14. Quote then:

    I think it’s worth it to hang in there and give SCTY a month or two to base. and we’ll be back in the high-$60s as the macro dangers ebb.

    Also on 10/3, after recommending buying GTLS in July up to $75, and then down at $47 (37% loss), again did a long analysis of how it was undervalued and everyone else was clueless about it.

    Quote: We have a current “Buy Under” price of $75. But if you haven’t gotten positioned yet or you’re looking to average down your cost basis, I am revising our “Buy Under price to $60 or better.

    On 12/18, he said:

    • New GTLS Buy Under Price: $37.50

    He did say: The GTLS December $75 Puts, however, are arguably the worst recommendation I have made in years, despite being made for all the right reasons.

    GTLS is now at $30.11.

    And on 12/31, he said to bail out of GTLS at the market, which was $34.20, so he saved $4.

    Headline on 11/14:

    Oil is likely to break out of its recent funk.

    HA!

    Truly, one could make fortunes taking the other side of these bozo’s trades.

    Another service they have recommended Cree on 9/5 at $45.55.

    After losing 35%, they sold out on 10/22, THE EXACT LOW OF THE MOVE at under $28. Since then it’s rebounded to 31.84.

    Recommended buying again on 12/19 at $31.21.

    Truly pathetic.
    • Watch their turnover of "experts" over a few years as well as how well their portfolios do. Also, watch to see how many of their "services" are terminated and replaced with new ones due to poor performance. It is truly staggering! They follow the same game plan as many financial services do as they create fear then offer a fix.
  • Have tried a couple of Weiss "services", and they're all pathetic. Mike Larson is supposed to be an interest rate guru, his trades were all terrible. Have tried several of the newsletters to see the past results, and then cancelled them all during the trial period. Stansberry Research is just as bad. Just look at Jeff Clark's S&A Short Report - Jeff has made some good overall calls, such as the rally and subsequent drop in coffee. But when it comes to doing actual trading, particularly using options, the performance is pathetic and losing. Most of the recommendations from all of these "guru traders" are poorly set up, executed and followed. Once they get into a trade and it starts going bad (which is usually immediately), it gets forgotten, no talk of exiting, stop loss-ing out, etc. They just ignore it and hope no one notices. Time to sell my physical gold and silver, it's dead money and probably will be for many years.
  • John is the word. I to dumped Larry after bad calls and only read his letter to do the opposite. Funny how the rest of the world is dumping the dollar and buying gold and silver like there is no tomorrow. The only people that think that gold sucks are those people who have none. Soros will win this call and continue to destroy the dollar. History will prevail. Soros will move to China when he is finished with the dollar. China, Russia, India, Germany and soon to be Swiss reject the dollar and look to the future with gold and silver. Keep on spinning Larry. Much later!
    • Larry has had a lot of bad calls that I've lost money on. I briefly tried Gold and Silver trader and after losing money, requested a full refund. However I went all in on his ZSL and GLD options recommendations and tripled my Ira and brokerage accounts in two different instances following his Real Wealth Report. He does know gold and silver and it's hard not to spend the $89 a year for his newsletter with those results. He has great big picture advice that I use to do my own thing.
    • I've been following Larry for sometime, he has been very accurate at forecasting the rise in dollar and the drop in gold & silver. Funny how you could have made a small fortune, instead presumably you held gold & it tanked. I'll be buying gold when it drops below $1000. Maybe you will listen to Larry then!
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