Is Profits Unlimited a Scam?
In this honest review, we will discuss the pros & cons of Profits Unlimited, so that you can ultimately decide if it’s for you.
Of course, on top of that, we are going to dig up the truth.
What is Profits Unlimited?
In a nutshell, Profits Unlimited is a system that gives any Jane and Joe Doe the ability to make profitable investments.
It’s a membership program that gives you access to regular newsletter advice on how to invest your money.
They claim that with this system, you can start making profitable investments even if you don’t have much money, expertise, or experience.
It goes without saying that investing your hard-earned money is risky. This is especially true if you have no idea what you are doing!
That’s why Profits Unlimited promises to help any regular man or woman to start investing properly.
Essentially, by signing up and paying for a Profits Unlimited membership you will be gaining access to the knowledge of an inner circle of expert investors.
My advice? Go with a legitimate investment platform, such as Fidelity Investments, or a similar financial service.
What’s In the Profits Unlimited Membership?
There are a number of success stories that the people behind Profits Unlimited use to hook new clients.
For instance, one of these investors claimed that in 2008 he invested in a relatively young company called Netflix.
We all know now that Netflix is one of the biggest titans in the online streaming industry.
But back then, the company was still in its infant stages.
The investor from Profits Unlimited claims that he made a stunning 634% gain from his investment in Netflix.
He also goes on to claim that he received huge gains from various investments on companies in the medical industry.
If all this information is valid, then it certainly will be a privilege to learn from these investors.
Here’s a quick rundown of what they say you will get from a Profits Unlimited subscription:
- Access to professional model portfolios
- Complete access to their website which is where you’ll find the latest updates and information from your mentors.
- Monthly briefings that will focus on a specific topic.
- Weekly updates on current positions and different movements in the markets.
- Trade alerts, where you will be given recommended trades.
- Information on stocks and which ones to buy.
There are a several different types of subscriptions, with more or less benefits.
Paul Mampilly: The Man Behind Profits Unlimited:
When you talk about Profits Unlimited, the name Paul Mampilly will undoubtedly come up.
This is because he is the man that founded this system.
So deciding whether or not Paul Mampilly is a fraud will help determine whether or not you can trust Profits Unlimited.
Interestingly, Paul Mampilly is featured in Bloomberg.
So, it is safe to assume that he is a real person and not just some actor someone found on Fiverr.
He worked on Wall Street for over 20 years. He immigrated from India and started his career at Bankers Trust at 1991.
Currently, Paul Mampilly is the founder of Profits Unlimited.
In addition, he also manages two trading companies, True Momentum and Extreme Fortunes.
With a portfolio like that, it’s hard to see Paul Mampilly as a scam.
What’s Important to Know about Profits Unlimited:
Profits Unlimited is not an online business building course.
It’s more like an exclusive paid newsletter for investment advice.
So if you’re looking for ways to make money online, this isn’t one of them.
Profits Unlimited is more for people who already have a decent amount of cash, and are looking to expand their assets.
How Profits Unlimited Works:
The newsletter recommends various stock options that pass a filter test.
Basically, it’s like Paul Mampilly personally selects stock, based on his experience and knowledge of the stock market, and sends out his best picks to the newsletter.
So it’s an interesting concept.
Is Profits Unlimited A Scam?
Admittedly, I was pretty skeptical about the whole system.
However, after discovering more about Paul Mampilly and the services his newsletter program offers, I’m more convinced that Profits Unlimited is not a scam.
Paul Mampilly’s history shows that his inside knowledge will be valuable and useful.
Obviously, not every investment recommended by him will make returns.
However, it does seem that his newsletters and system will help regular people to gain an advantage when trying their hand at trading and investing.
It isn’t our place to 100% say whether this program is a scam or not.
However, we haven’t found any evidence that shows Profits Unlimited is a scam.
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Conclusion on Profits Unlimited:
Is profits unlimited a scam? No, it doesn’t appear to be a scam.
If everything about Paul Mampilly is true, then you will certainly find value in his membership.
However, keep in mind that even the best experts can sometimes make wrong investments.
In other words, there will always be risk involved with trading and investing.
And you have to have a decent amount of initial money to invest.
If you are already financially stable and trading on the stock market interests you, by all means take a peak at Profits Unlimited.
But if you’re interested in making passive income online…
We recommend something a little different.
Building your own online business.
We think that you should always be in control.
Not sure where to start? Take a look at my recommended product.
It’s got everything a beginner needs to build a profitable online business.
Thanks for taking the time to read this Is Profits Unlimited a Scam review.
Leave a comment below.
Thanks for the review about Profits Unlimited! Thanks for being sincere in your review that Profits Unlimited isn’t one of such online programs that help someone like me make some decent money online but an investment platform most suitable for people who already have their money and are just looking for ways to expand their assets!
In as much as Paul Mampilly’s history reveals that his inside experience and knowledge about trading will help anyone to become successful online, I think it’s worth giving a try. Thanks for the great review!
Hi Todd and thanks for sharing this information.
Making money online is what I want, some I can invest but not too much.
I think to take advantage of a program or as you say a newsletter like the one from Paul Mampilly could certainly help.
Where I see the problem though is to catch the perfect timing in investment. With a newsletter you’re always looking into the past and when the right time is to buy a paper is not clear. Still, good information is key 🙂
Thanks Todd for bringing this to my attention. Your review is reasonable and enlightening. I’ve heard of profits unlimited but I did not see it in this light. Now I can say a bit about it myself thanks to you. I’m not into trading right now. As I’m more financially stable to do that, I’d consider profits unlimited, but this info will be beneficial to a few friends for sure.
Your recommended platform for passive income is amazing. I’ve learnt a lot from it and I urge anyone looking to build an online business to try it out.
Awesome Eohia, thanks for your feedback and for sharing the post.
Wow this definitely sounds interesting I have a few friends who play the stock market that I think would really love this product do you think this would be a good holiday gift for someone who is an amateur trader and uses platforms like robinhood to invest or is it more for the type of guy who’s going to make this a greater part of his day?
I am still at the stage where I need to make money to invest and will have return when that happens! But I must say that the stock market always scared me a little bit it’s good to know there cheap ways to get quality advice from the experts!
Babsie Wagner says
So this program is not a scam, but it does not appear to be exactly what I was looking for. I did follow a link to another program called Wealthy Affiliate that you review, and it seems that would be more along the line of an online marketing business with training. That’s the part that excites me is the training. I feel that when people get into the business of marketing online, there are so many tips and tricks, so many routine things that need to be done repetitively that training is really a key component. Thanks for the review and the info on that Wealthy Affiliate platform.
Thanks for your feedback Babsie. You won’t go wrong with Wealthy Affiliate if you’re ready to learn and build.
That’s half the battle with the ‘Make Money Online Mentality’. People expect that quick fix and that’s not what internet marketing is about.