Profits Unlimited – Is it a Scam?
Paul Mampilly of Banyan Hill Publishing presents Profits Unlimited, a savings newsletter.
There has never been a similar period of large-scale technological innovation and advancement in history like the present. The Industrial Revolution is a notable example of this. Thanks to industrialization, people have managed to migrate to urban areas to find jobs. Due to mass production, many products have become cheaper.
Some people have done well in these turbulent economic times. With the Western world's industrialization, John D. Rockefeller and others started their own businesses and made immense wealth.
We are now experiencing a similar revolution, thanks to more advanced technology. There was no other time in history when you could access all knowledge with just a device that fits comfortably in your pocket?
Paul Mampilly genuinely believes in the potential of technology, as can be seen by his profitable stock betting. For example, when nobody else saw the potential of Netflix, he invested a lot of money in Netflix.
He now shares his thoughts and analysis on these cutting-edge technology companies and their investment potential in the monthly “Profits Unlimited” newsletter.
Paul has promised that every “Profits Unlimited” proposition will take you forward on your wealth-building journey. If you follow his lead now, your payoff will be tremendous.
Here is an in-depth review of ”Profits Unlimited” by Paul Mampilly, which you will find very informative.
Profits Unlimited: What Is it Actually?
Profits Unlimited is a monthly investment newsletter published by Banyan Hill Publishing.
Paul Mampilly writes and revises it. It recommends technical actions, with a focus on the Internet of Things. Standard, Deluxe, and Premium are the three subscription levels available.
Who is Paul Mampilly?
Paul Mampilly started his financial career at Bankers Trust on Wall Street in 1991. He rose rapidly through the ranks of numerous investment banks over the years.
During the economic meltdown, he made a 76 percent return on a $50 million investment in just two years. Soon after, he left Wall Street and began working in his new job. He also serves as the publisher of four other financial journals.
What is the Banyan Hill Publishing?
Banyan Hill is a consulting and publishing company based in Delray Beach, Florida. It was founded in 1998 as a Sovereign Society. Currently, it is concentrating on spending in the United States.
What does each Subscription Include?
The standard version provides digital newsletters, while the deluxe version offers both digital and print versions. The premium version includes three extra reports in addition to the deluxe version.
What is the Internet of Things?
The Internet of Things (IoT) is a technology that enables objects to interact with one another through the Internet. An example is a thermostat that you can fully adjust from your phone. The Internet of Things is sometimes simply referred to as “IoT.”
You can read more here about how the Internet of Things and technology can influence your life.
Cost of the Profits Unlimited
The subscription fee for the standard version is $47. The deluxe version's subscription price is $129, and the subscription price for the premium version is $496.
However, the premium subscription price of $496 has been discounted to $79, which will probably convince you to buy it. The fee is paid annually.
Suppose you are not 100% satisfied with Paul's investment advice. In that case, if you notify him at any time during the annual subscription period, he will refund 100% of your money.
Is Profits Unlimited a Scam?
No, it is not really a scam, but Paul does have a lot of rivals. He's been chastised for making more money from subscriptions than from savings.
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Profits Unlimited is one of the many investment newsletters published by Banyan Hill Publishing. It mainly includes stocks of technology companies that are sure to experience massive growth in the future.
Paul Mampilly, the current editor of this publication, was Deputy Portfolio Manager at Bankers Trust in 1991. The Bankers Trust was eventually acquired by Deutsche Bank.
Mampilly was quickly promoted in ranks in Deutsche Bank and then another investment bank called ING. He successfully managed multi-million dollar accounts in both positions.
He managed to increase hedge fund assets from $6 billion to $25 billion.
After all of this, he got tired of making money for the rich. He wanted to use the knowledge he acquired on Wall Street to help the common Americans accumulate wealth.
After briefly working on some investment publications, he eventually became a senior editor for Banyan Hill's Profits Unlimited and other newsletters.
The Internet of Things is an area he particularly appreciates, where computers can be integrated into daily objects managed by the internet.
He believes that two main trends are changing the investment landscape: the burgeoning Internet of Things and the mature millennial generation. He analyzed these trends to identify low-risk investments with strong growth potential due to these trends.
Paul is very confident about the growth potential and, on his checkout page, states that the Internet of Things is “a $19 trillion economic powerhouse that will quickly take the market to new heights.”
However, Paul’s efforts have also attracted some criticism. While some people are concerned about the hype he uses to promote the newsletter, his fierce critics accuse him of getting more from subscribers than the actual investment.
That is a brutal accusation because it means his stock-picking is no better than anyone else's.
Here are some tips to help you stay financially stable.
Posts like Profits Unlimited have generated criticism by many. Some people just do not like the hype, while others say the information is not as helpful as claimed.
However, the most serious criticism is that people generate more money from information products than from the methods they teach through those products.
Paul has certainly made substantial money from Profits Unlimited and other newsletters. However, we can take that as proof of the newsletter’s quality as it has thousands of subscribers.