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| CATEGORY: | Magazine |
| MANUFACTURER: | Thestreet.Com Ratings |
| FEATURES: | Magazine Subscription |
| TYPE: | Finance |
| MEDIA: | Magazine |
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Customer Reviews of Martin Weiss Safe Money Report
Nonsense and Outdated I subscribed Martin's monthly before. He is definitely a "bear believer", which means however bullish the market is, he keeps claiming that the market is going to crash in a short time. His words are unbelievable. He urges subscriber to buy very rediculous leap (long-term option) and ask you to hold it, no matter you subscribers lose money or not. I wonder if he is the seller of those options he recommends. I would suggest you to save the money from this stuff, don't waste it. <
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>BTW, Martin's core idea is that Dow is worth only 2,000. (What a nonsense)
More Hype than Substance
I subscribed to safe money report in 2003 after receiving a marketing package in the mail. The marketing package stated that real estate and stocks "must" crash in 2003. Of course, the exact opposite happened. At the beginning of 2004, the newsletter forecast a major stock market decline and 7%+ Treasury yields. Wrong again! His gold stock and contra-dollar recommendations were actually useful in 2003, but they lagged in 2004 (Weiss had expected gold to surge to $500). Overall, he has lagged the market, which happens to everyone from time to time, but here's the real problem: He's lagged his own claims and promises!
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>Weiss arrogantly claims that Wall Street is full of hype and brokers are trying to rip off their customers. Yet he pushes gimmicky "trading services" on subscribers that cost thousands of dollars! They wouldn't be worth a dollar to me, considering how lousy his market calls have been over the past couple years.
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>I canceled my subscription in 2004. This newsletter is certainly not worth the hefty price of subscription. You'd do better subscribing to Money magazine and scanning the back page every month to find out what investments are actually working.