Looking for an honest Profits Unlimited review? Or simply want to know if its a scam? Profits Unlimited is a newsletter that focuses on sharing low risk investment strategies along with sharing stock tips with subscribers.
Investments of any kind come with inherent risks and education is key when making intelligent decisions about your financial future. But is Profits Unlimited a reliable source of investment information, or is it just a scam product created to make money for the creators.
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Profits Unlimited Review
Profits Unlimited is an investment newsletter and subscription server created by Paul Mampilly and published by Banyan Hill Publishing. Bayan Hill probably rings a bell for regular readers of Affiliated Success, and is most well known for their Freedom Checks offering.
Freedom checks has been around for a few years and is another in a long list of “Check” programs that are currently being marketed heavily. Like my recent reviews, and Cash For Patriots Program Review, Federal Rent Checks Review and Trump Bonus Checks Review Freedom Checks try focus on establishing government associations.
You can read my full review for the complete breakdown of Freedom Checks. My opinion of the marketing behind the program was that it was questionable. Will Profits Unlimited be the same, and not be as advertised? Before we breakdown what the newsletter offers, lets take a look at the credentials of the man behind the subscription.
Who is Profit Unlimited’s Paul Mampilly
Paul Mampilly is the man behind Profits Unlimited and is a senior editor at Banyan Hill Publishing. Paul started his career at Bankers trust in 1991 as an assistant porfolio manager before advancing to prominent positions at Deutsche Bank and ING.
In 2006 began managing a hedge fund for $6 billion dollar company, Kinetics Asset Management which average a 26% return during his tenure.
Before we talk about the Profits Unlimited newsletter it’s important we mention the man sharing the recommendations which is Paul Mampilly.
A few years ago Paul decided to quit his roles on wall street after growing tried on managing money for the elite. By his own accounts he states, “Now, I’ve shifted my focus to helping everyday people make money on their investments”.
Profits Unlimited now has a subscriber list of over 80,000 since its inception in 2016 and continues to grow. There is no doubt Paul has the credentials to be offering valuable financial advice. So what does a membership with Profits Unlimited get you?
What Do You Get With a Profits Unlimited Membership?
Profits Unlimited is a monthly newsletter and membership that provides subscribers investment advice via emails and the membership area. Paul shares his latest stock tips and all the information that has lead him to believe these tips are set to give exceptional returns.
The Profits Unlimited membership gives you access to the follow tools and resources:
- Access to My Model Portfolio — Every stock on Paul’s buy now list with updates on when to buy and sell, what for and for how much.
- Weekly Updates — Every Tuesday Paul releases an update on major stock trends, news and upcoming stock tips. He will also reveal his trades for the week, and his profits & losses.
- Monthly Briefings — This newsletter is a complete summary of the entire month. In depth analysis into new investments, companies and all the best stock tips Paul is looking into.
- Trade Alerts — Pretty self-explanatory, stock tips and alerts in live time. When to buy, when to sell and for what price.
- 24/7 Access to the Profits Unlimited Website — All past and current issues are stored on an encrypted website that members can access at any time.
Paul recommends stop losses of 8-12% on every trade inside his Profits Unlimited membership. This means if you lose 8-12% of your investment, you should automatically sell your position to minimise your losses. This is intelligent in any trades, but if you have a bad run of investments you could find yourself heavily in the red.
Profits Unlimited Performance
As with the majority of investment newsletters I have reviewed on Affiliated Success, the marketing claims are incredibly hyped. Below is a screen shot of the marketing video presented when you try and find out more information about Profits Unlimited.
Marketing a potential return of up to 8000% is pure hype speculation and attempts to capture the “get rich quick” crowd. Yes there may be some great fundamentals behind the predication, but by publishing them they are knowingly giving the expectation and hope of these types of returns.
The website goes on to outlined testimonials of members making massive returns. Has Profits unlimited had stunning performance in the past? Absolutely, his top recommendations have seen gains of 56%, 64%, 73% and even as high as 235%. But that is a far cry from 8000%.
Furthermore, 5 of his recommendations resulted in losses of 11% – being they triggered his suggested stop losses. The actual losses of those stocks may have been substantially higher.
And yet there is no mention of these anywhere in the marketing. That’s marketing for you, but personally in the investment space I do not like to see financial advisers that focus on hyped results.
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How Much Does a Profits Unlimited Membership Cost?
A subscription to Profits Unlimited will set you back $47 which is fairly reasonable compared to some of the higher ticket subscriptions I have reviewed.
There is a deluxe subscription for $129, but personally in my experience the deluxe versions of these investment products just offer fluff and nothing really substantial. For example access to a community of “premium” members.
Profits Unlimited also has a 365 day refund policy which is pretty impressive. Basically for the entirety of your subscription, at any time you can request a refund.
So then, what is the verdict?
Profits Unlimited – Scam or Legit? The Verdict
I think its safe to say that Profits Unlimited is NOT a scam. This newsletter reads basically like every other investment newsletter membership I have reviewed. Hyped marketing, with substantiated and solid investment information, but its not all it appears to be.
I do believe if you follow the advise in Profits Unlimited there is a good chance you will make money. That is if you have enough money. What I mean by that is, if you sign up and take the first tip, believing you will get 100, 200, 8000% returns and they crash you have to be able to invest in other stocks.
This newsletter is for investors with a decent amount of capital to invest – if you have $500 there isn’t much point giving this a shot in my opinion.
With all that in mind I personally would NOT recommend this product. From my research Paul has a dubious track record that he does not reveal. He has made too many recommendations (most famously with Yahoo) where his advice has turned out to be dead wrong.
I did not purchase this product for my review, so even if I thought it was a good idea, I would not recommend it as I would NEVER recommend something I had not bought and MADE MONEY with myself. There are far better ways to make money.
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If you are like me when I first started my journey of looking for investment opportunities or a way to make money online you probably don’t have a large amount of money to play with. Ultimately what you need is a low cost investment, that can grow into a long term passive income stream to secure your financial future.
Investing comes with inherent risks that are often out of your control, and personally I like to be in control of my financial future. Fortunately there are legitimate ways you can make money online, and they are not that hard. However they do require work. Making money online is a business, not a get rich scheme.
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I joined and paid the 47.00 but nothing was telling me how to get my information.
I joined 04/14/2020. My price for all the goodies was $79.00. After I made the credit card charge for $79.00, I received a notice from my credit card company stating that two charges had been made to my account, one for $79 and one for $2,995.00. I immediately called the credit card company, both charges were from the same organization. Be careful.
My credit card statement shows a payment in the amount of $79 on 1/21/2020 but I don't remember getting a confirmation or a way to access the website. Please provide instructions.
Thank you.
I joined Profits Unlimited because they say " you will not be left alone " but I sent email more than once and got no response . I got nor recommendation for any stock ,I only got a recommendation to get a more expansive account while I did not get any thing from this account . I will cancel this account