Profits Unlimited – Scam or Legit? [Full Review]

Looking for a review of Profits Unlimited?

Wondering whether Profits Unlimited membership and newsletter is really legitimate or another investment scam?

I’ve been taking a closer look and now I’m sharing my honest review of Profits Unlimited.

Before I start…

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Profits Unlimited Review

Profits Unlimited is a financial newsletter / membership by Paul Mampilly published by Banyan Hill Publishing. In the past few days I have been taking a closer look at it and also have shared reviews of Paul and also another offering from Banyan Hill known as Freedom Checks. Profits Unlimited is the newsletter Paul publishes which shares key stocks to invest in as well as a strategy for investing with limited risk.

Who Is Paul Mampilly?

paul mampilly profits unlimitedBefore we talk about the Profits Unlimited newsletter it’s important we mention the man sharing the recommendations which is Paul Mampilly. I’m not going to give a complete review / background on Paul since I already did that in this review of Paul Mampilly however I’ll give you some key point so you can learn more about the man behind Profits Unlimited.

Paul worked on Wall Street for over 20 years and worked with some extremely well known companies. These include the likes of RBS (Royal Bank of Scotland) and Swiss investment banks. He has been responsible for handling literally billions worth of investment and has seen extremely positive returns during his time on Wall Street.

A few years ago Paul decided it was time to retire from Wall Street and spend more time with his family.

It was at this stage he decided to take on a roll writing for Banyan Hill Publishing who share investment content & advice. It’s here that he launched the Profits Unlimited newsletter in 2016 which has gained over 80,000 subscribers and many successful stock picks.

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How Does Profits Unlimited Work?

Profits Unlimited is a paid newsletter / membership. That means that you pay for it on a monthly basis and in return you receive information that Paul sends out in regular newsletter emails. These emails share all the information you need and have a number of stock picks. Each month Paul picks the stocks he recommends you buy and has specific strategies and projections for each stock that he recommends.

I was able to find out that Paul recommends stop losses of 8-12% on every trade. If you are new to the term “stop loss” it basically means exactly what it says. A “stop loss” is a pre-defined price that your trade will automatically close and prevent you from losing any more money. With a stop loss of 8-12% you have a tight range for losing and as far as investing goes losing that amount per stock trade is relatively small considering the up-side potential of some of the Profits Unlimited stock picks.

Profits Unlimited Membership

How much does the membership / subscription to Profits Unlimited actually cost?

At the time of writing this it will cost you $47 to access the digital version of Profits Unlimited, there is also an up-sell know as the deluxe subscription which is $129. This will allow you to have print and digital versions of the newsletter.

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It should be noted that the newsletter has a 365 day refund policy which seems pretty comprehensive to me. It states that if for any reason you decide the newsletter isn’t for you then you can contact their customer service team and get a full refund.

I feel it’s worth mentioning that obviously this doesn’t include the investments you make into the stock picks as they could never offer guarantees / refunds for any losses when it comes to making investments in the stocks picked.

Is Profits Unlimited A Scam?

Profits Unlimited is NOT a scam.

When I first heard about the Profits Unlimited newsletter I was a little skeptical however after researching more about Paul Mampilly I am confident it’s not a scam. I actually mentioned in my article on Paul Mampilly that I don’t believe he is a fraudster as some people have claimed and that his newsletter looks like it has performed extremely well.

Profits Unlimited Performance

So you are probably wondering what the kind of results are that Paul has achieved with his Profits Unlimited newsletter?

I was taking a closer look and some of his picks have performed extremely well in fact.

His Profits Unlimited newsletter was launched in 2016 and his top recommendations have seen gains of 56%, 64%, 73% and even as high as 235%. If you had invested money into every single pick of Paul’s you would still have outperformed the market.

Does Profits Unlimited lose money?

It should be noted that obviously not every single stock that is recommended inside of the Profits Unlimited membership makes money. But this is literally impossible and I would much prefer to be involved with a newsletter that is honest about losses than one that claims 100% success rate because that is never realistic.

On average the winners in Profits Unlimited are far bigger than the losers. Five of the recommended stocks in the Profits Unlimited subscription have made lost money and been stopped out for an 11% loss. But if you had invested in every stock recommended since the release of the newsletter you would still have made a considerable profit.

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Profits Unlimited Alternatives?

At the time of writing this there are some alternatives out there but not ones I have personally covered.

One of the hot newsletters right now is the Freedom Checks newsletter offered by Banyan Hill Publishing also.

I will update this section of the review should any other Profits Unlimited newsletter competitors come about.

 

 

 

Profits Unlimited Conclusion

Do I recommend Profits Unlimited?

After taking a closer look I am giving this a neutral rating for the simple fact that I am not a member of the newsletter.

I have reviewed Profits Unlimited and Paul Mampilly and I do not believe it’s a scam. The results that the newsletter has achieved look realistic to me and there are many positive reviews out there from people who have invested and been extremely happy with their returns.

That being said I won’t recommend this to you since I am not a member of the newsletter and I won’t recommend something I am not actively using/part of.

Before you leave…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

 

Paul Mampilly – Is He A Scam or Legit? [Honest Review]

Wondering whether Paul Mampilly is a scam artist or fraudster?

You’ve come to the right place because I’m sharing my honest opinion and review of Paul Mampilly and giving you all the details.

Before I start…

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It’s helped me earn over $300,000 in the last 12 months alone:

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Paul Mampilly – Overview

Paul Mampilly is a hot name right now with many people wondering who he is.

It’s no surprise that people want to know whether Paul Mampilly is legitimate, or just another fraudster. After all we live in a world full of scam artists.

It’s often hard to know who the good guys are from the bad.

Many reviews I have done lately expose scams and scam artists while others actually shed light on positive people and projects.

For example Tai Lopez is an “online guru” who gets a lot of negative attention for things like his Bitcoin Crypto Academy but he’s actually legitimate. I actually heard about Paul Mampilly whilst doing some investigational work looking into Banyan Hill Publishing to see whether they were legitimate after hearing about something called Freedom Checks and now here I am sharing more information on Paul Mampilly.

Who Is Paul Mampilly?

paul mampillyPaul has made quite the name for himself after releasing a video about Profits Unlimited.

Profits Unlimited shares information on how to capitalize on IOT (Internet of Things) trend which he has dubbed the next “Industrial Revolution”. He has claimed that people investing can stand to make gains upwards of 8,000% by the year 2020.

These kind of gains are certainly incredible and when bold claims are made there are always skeptics.

Many “scam alerts” targeting Paul Mampilly and his Profits Unlimited newsletter have surfaced and to be honest most have conflicting or incorrect information. Many of these exist purely to siphon traffic off into other business opportunities and are often biased.

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Is Paul Mampilly A Scam?

Instead of giving you yet another biased review, I wanted to share some honest information on Paul and his Profits Unlimited newsletter.

After doing some digging I was able to find out that Paul is certainly a real person and not a scam artist it seems (good news!).

He’s even been featured by the likes of Bloomberg.com and other large investment publications.

Paul worked on Wall Street for over 2 decades. He emigrated from India and started in 1991 at Bankers Trust. After working his way up he went on to manage multi-millionaire dollar accounts at Bankers Trust Private Bank, Deutsche Bank and ING. In total Paul has been responsible for looking after 100’s of millions worth of investments.

In 2006 Paul joined Kinetics Asset Management and soon after joining he was able to increase their assets to $25 billion. He has also managed money for other large players in the industry such as private Swiss Banks and RBS (Royal Bank of Scotland).

That is certainly a pretty impressive CV…

But why is Paul now appearing in videos and why does he have a paid investment newsletter?

It’s quite simple actually. Paul decided he wanted a change.

After spending 2 decades on Wall Street it was time to mix things up and get away from the long hours.

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Paul decided he needed to spend more time with family and retired at the age of 42 and now writes for Banyan Hill Publishing who I mentioned earlier in this article.

Banyan Hill Publishing is a subsidiary of Agora Inc who are the largest underground research network in the world. They generate 100’s of millions a year and Banyan Hill alone generates sales in excess of $80 million. Some extremely impressive figures to say the least.

It was Agora Inc and Banyan Hill Publishing that attracted Paul Mampilly as he knew he would be working with a company that was clearly very successful. And since joining in 2016 he has attracted over 90,000 readers to his Profits Unlimited newsletter.

Paul’s newsletter is certainly very popular and each month he sends regular emails giving tips for his subscribers. Each month he shares new investment opportunities including stocks that he recommends readers buy. There is also a podcast that he emails too.

Is Paul Mampilly A Scam?

After doing some digging into Paul and learning more about him, his connections to Banyan Hill Publishing and Agora I have no reason to believe that he is a scammer. It’s easy to point the finger at people online and call them a fraud but ultimately people are skeptical and also people have ulterior motives when it comes to “exposing” people like Paul such as:

  • Pushing you into another business opportunity
  • Competitors bad mouthing him from another business

I am always skeptical when I come across negative reviews of seemingly genuine people. But upon closer inspection that person is normally part of a competitor organisation or in some instances is simply a naive person or perhaps someone who has lost money in an investment and is now skeptical of all investments or people offering investment advice.

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Paul Mampilly Newsletter Results

I thought it would be important to mention some of the results that Paul has been able to achieve for his readers.

After launching his Profits Unlimited newsletter 15 months ago where he shares investment advice including stocks to buy the success of some of these stocks has been profound. For example his recommendations have seen gains of 56%, 64% and even 73%. His biggest gainer has seen a whopping 235%. You simply can’t ignore these kind of returns and it’s nice to see that for once an investment newsletter is actually delivering solid profits.

But what about the failing stocks?

Yes Paul does have stocks that don’t perform as planned.

To be honest I see this as a good thing because anyone who claims they have 100% winning ratio is most definitely lying.

At the time of writing this the most accurate details I was able to find stated that Five of Paul’s recommendations were stopped out for a loss of 11%. However looking at the bigger picture if you had invested in all of Paul’s recommendations, your portfolio would be worth considerably more than what you started with. The only time you would have lost money is if you only invested in just 1 of his picks that lost money, whereas it is always better to diversify your portfolio into multiple stocks and not put your eggs in just 1 basket.

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Does Paul have specific strategies for investing?

Paul has certain strategies he recommends his readers use, some of these are:

  • Long term investments
  • 8-12% stop loss on each trade

What this basically means is that Paul is placing tight stop losses on these trades so that if they do not move as he predicts the losses will be small. Paul makes no claims that investing is risk free though and if you are going to take part you should understand the risk and know that your money could be lost if you do not have good money management such as the 8-12% stop losses which are super important.

Paul Mampilly Conclusion

What’s my verdict on Paul Mampilly?

After taking a closer look at Paul Mampilly I certainly do not think he is a scam artist.

It’s no surprise people have their negative views because anyone who shares any kind of advice whether free or paid for on the subject of investing and making money always seems to be branded a fraud.

His newsletter Profits Unlimited will of course cost money but the price is relatively small for the information you will gain.

That being said, I’m giving this a neutral rating since I am not an active member of the newsletter and will never recommend something to you that I am not a part of.

Before you leave

If you’re tired of fraudsters and want a legitimate way of making money check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)