Mark
GBAvoid Agora Financial They promote highly misleading "info products", newsletter services etc - the current scam is a load of deceptive guff about Brexit severance cheques which can be "claimed" by UK citizens. If you subscribe (for a fee of £37 followed by further amounts of around £100 per year) they will tell you the "secret" of how to claim these. There is no "secret" - it's just a reference to the share dividends paid by listed companies and anyone can get these by buying dividend paying shares. Same company owns Moneyweek magazine and also use a number of other names including Southbank Research, Capital and Conflict, Betting Rant, The Daily Reckoning, The End of Britain etc. (Agora Financial UK Ltd. Registered in England and Wales No 1937374)
Charlie
GBIt’s probably not a scam. It’s probably not a scam; but it is a waste of money. Richards has discovered the art of selling books by continually talking about future disasters that only he can forwarn. When you subscribe to his letter you will be bombarded with one offer after another to subscribe to more expensive letters with little or no track record. Altucher is more of the same. I strongly advise staying away from Agora. The last time I contacted their “customer service”; the response back was we don’t monitor customer service. Pathetic!
Aaron
GBAltucher Alliance Altucher Alliance: Some of the newsletters are given more care than others. I feel like new newsletters are launched too often which waters down the rest of them. Many trades have been successful but have been drowned out by big losses from put options that were exercised (gsky) which are now sitting in my account down 70%. Part of that is bad asset allocation on my part since the 100 shares that options trade in is usually a bigger number of shares than I would normally allocate if I was just buying a stock.
Jay T
GBI subscribed to Bubble Finance and lost a ton $$ I subscribed to the newsletter, which was a bit pricey. My recommendation - Don't use this advice! I invested in 7 or 8 options over a period of time in 2017 per Stockman Bubble Finance Letter advice, which seemed well developed and rational. Every one of the puts turned into losses, over $18,000 cumulative lost in 1 year (including the recent TSLA, XPO and SPY puts expiring 1/18/18). Unless you can afford to lose your portfolio, you will be better off in a passive index!! PS. I cancelled my subscription!
Marc Schuman
GBStay away from Agora Financial Stay away from Agora Financial, James Altucher, Alan Knuckman, et al. The "advice" they sell does not produce a net gain in the value of your portfolio. Some recommendations work out profitably, but the ones that do not will cause you to lose far more money than the profitable trades. I began the above-mentioned Agora services in May of 2018. By December, I had made $8500 through their recommendations, but I was $25,000 underwater in sold puts that expired short of the strike price. Many purchased call options have expired worthless. I knew going in that option trading was risky. This has been a costly experience that will take years to fully recover from.