Profit Confidential Reviews – Legit or Scam?

 


ProfitConfidential.com
from 3 reviews Review It
ProfitConfidential.com

 

Profit Confidential is a free financial and investment newsletter from Michael Lombardi, which claims to provide you with “proven” stock market and investment advice from top analysts and economists.

According to their website, Lombardi Publishing has been providing this financial newsletter since 1986, and is currently serving over one million customers in 141 different countries around the world.

Now the website is predicting that “something big will happen in America in the next 180 days” and in order to find out what, you must provide them with your email address to get access to a video from Michael Lombardi.

Financial Newsletters

Financial newsletters published online are interesting, because they are not regulated by any financial institution. Anyone can publish a financial or investment newsletter and use it to promote any business or company they choose.

In addition, most financial newsletters will claim to be free, to allow you to sign up for free, or say they provide free daily emails. And while all of this is true, many times their free information is just a ploy to get you to sign up for a paid subscription.

This is not to say that all financial newsletters are “bad.” Instead, it just means that you should be extra careful when evaluating what financial newsletters you receive, especially if they begin to ask for money for access to their information.

Is Lombardi Publishing Legit?

Well, according to Profit Confidential, Michael Lombardi called the start of the bull market in gold in 2002 and told readers to get out of the real estate market in 2005 before the bubble burst.

But their disclaimer makes it clear that the opinions expressed in their newsletters are just that, opinions, and the information they provide their members is not guaranteed as accurate.

These disclaimers are necessary to both inform the consumer about the risks they are taking if they choose to follow the information provided by Profit Confidential, and also to protect the company from complaints or lawsuits if they should make wrong predictions.

Whenever you are interested in investing money in a company or stock market, it always best to not just follow the tips or advice of an unregulated online source, but to use a variety of sources or consult with a professional.

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Customer Responses, Reviews, or Complaints


Average Rating for " Profit Confidential " is 2.33 out of 5 based on 3 reviews.

  • Rating
      
    Thomas Jones says:

    March 26th, 2014 at 11:25 am

    For those that haven’t had the privilege of following this for awhile, you missed the Great Crash of 2012, the Great Crash of 2013 and now The Great Crash of 2014. Eventually it will happen and he will claim he predicted this. Buyer beware of people that lead you to believe they have timed all the ups and downs of the markets. Do your homework and find a competent, capable investment manager and avoid at all costs false profits like Lombardi.

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  • Rating
      
    Bob Walker says:

    December 24th, 2013 at 11:28 am

    If you have been following this guys investment recommendations for the last 18 months, your portfolio value would worth 25% of what you started with. He may be right at some point but you would have been completely broke before any of this happens. A blind monkey throwing darts at stock picks would beat this guys suggestions. If you are thinking about paying for this, put your money under your mattress cut off your internet access.

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  • Rating
      
    Abby Joseph says:

    April 26th, 2013 at 3:10 pm

    I came across this site while I was doing a Google search on the words “Corporate Earnings” and found it to be very interesting. Profit Confidential is an e-newsletter that gives valuable information about the stock market, stock prices, interest rates, the real estate scenario, about precious metals, etc. It claims to have about 420,000 investors.
    The news and articles are based on analysis and interpretations by experienced analysts and economists who are considered as financial gurus in the stock market.

    The articles are based on many topics. The chief amongst them are luxury brand stocks, bear market investments trend, key stock indices, etc. Then there are some on the consumer spending and how it has been affected by the slowing down of the global economy. A number of articles have been covered under the “economic analysis” and the “economic growth” theme.

    The Euro zone and the troubles assailing the nations therein have also been covered in an extremely efficient manner. Likewise, the Chinese economy and reasons for the slowdown in its economy have been detailed. The position of gold bullion in the stock market today as compared to its past performance have also been highlighted in many an article. The role of the Federal Reserve in implementing the money printing strategies in order to paint a rosy picture of the U.S. economy has been very well-described through “Biggest Ponzi Scheme in U.S. History to Crash”. This article was an eye-opener to me, one who had absolutely no inkling that America was economically down in such deep waters! It was a revelation that the economy of the U.S. was in actuality, based on the borrowing of new money to repay its old loan and that this process is repeated! Then there is the “Critical Warning Number Six”; a video presentation and a write-up on the sorry state of financial affairs in America. The chief editor of Profit Confidential, Michael Lombardi has reportedly predicted five important economic events in the past ten years which have come true. This article is his sixth forewarning of what the American citizens could likely have to endure in the near future. It speaks about the imminent recession and its implications on the health of the country’s economy.

    Stock market advice is also offered in the newsletter based on the prevailing situation. Correct stock picking at the appropriate time is the key to success in this field, according to Michael Lombardi.

    Personally, I quite liked the articles; the word-flow; the explanations and the judgmental writing therein. It could well be labeled as “A one-stop shop to the economical and financial information about the world, the U.S., the stock market and the economy”!

    REPLY

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