Is Penny Stock Fortunes a scam? Read My Full Review

My Unbiased Penny Stock Fortunes Review

Product: Penny Stock Fortunes aka Agora Financial

Price: $39 for 1 year subscription/$69 for 2 years subscription

Owner: Jonas Elmerraji

Website: PennyStockFortunes.AgoraFinancial.com

Overall Rating: 6/10

Is Penny Stock Fortunes a scam?

If you’ve done any kind of trading in the stock market, or penny stock markets, you know how important it is to get the alerts on different types of stocks to invest, or pull out from. Basically, information is power here.

This begs the question – whether Penny Stock Fortunes provides legitimate information, or is it a scam?

Based on the reviews of other users and how much they have earned with the information provided by them, we would say that it is not a scam.

With Penny Stock Fortunes, one can receive information about how they can guide themselves through the world of penny stocks and turn their investment into profit in a short time.

Make no mistake because people need a guide or something that helps them identify which stocks are worth their money and time because there are simply too many companies that claim to be the next Google, or Apple. But you have to sense and decide which one will be the best for you to make a profit from. That will benefit both, you and the company.

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Pros and Cons

Inside every review I will also give you the good and the bad.

Pros

• Access to the archives of all Penny Stock Fortunes issues from 2007
• Penny stock investing white papers reports
• Access to members only website where everyone can help each other make a profit from their stocks
• Monthly issues directly mailed to your home or office
• Weekly recommendations through email

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Cons

• No specific mentors, or special advice that is unique to you
• You should be knowing the basics of investing in penny stocks
• Be online and take action as soon as you receive alerts from other members or the author of the product himself.

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For who is it?

When you come across a product that is very enticing and you’re almost on the verge of pulling out your wallet and getting inside, you ask yourself “What will this product serve me?”

Or maybe you don’t ask yourself and then get a refund. But asking thit, is important because it avoids the hassles.

Penny Stock Fortunes is for a person who knows how to get around penny stocks (obviously), but they should also know some of the basics of choosing the right stocks to invest in, at the right time. Once you have that basic knowledge, you can then take this program and receive alerts to which direction you should point your money to so that you earn a profit.

Also, you must know how to verify whether the information is correct, because this is a matter of money and you don’t want yourself getting scammed.

So, to cut the chase, Penny Stock Fortunes is for a person who is proactively investing in penny stocks, knows a little bit about which stocks to invest into, and also knows how to verify the information that they get.

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Tools Provided In the Subscription

Here’s what you will be getting once you get inside Penny Stock Fortunes:

• Monthly print issues that will be mailed directly to your home.
• Have access to a private membership website where you can interact with other members.
• Have access to the Penny Stock Fortunes archive from January 2007.
• Receive special penny stock investing reports and white papers to guide you.
• Penny Stock Fortunes model portfolio of all open and closed positions.
• Weekly recommendation updates via email.

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Support

Penny Stock Fortunes support is pretty proactive and so you can rest assured that if you face any issues with the product, or if you just want a refund, you can get it done in a snap.

Plus, there are no contracts with the yearly subscriptions. So if you just do not want to receive their alerts and daily/weekly updates and tips, you can simply cancel their subscription.

Overall, their support is pretty good compared to other products and companies.

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Price

Considering the fact that they are offering their yearly membership for $39, I have to say that it is a pretty good price. You can get the same advice from your financial adviser at a much higher price point.

Not mentioning the fact that those financial advisors will always be pushing you to invest a lot of money into stock markets other than penny stock markets. We call them blue chip peers because they have a higher market cap than penny stocks.

Besides all of that, you will also want to know what is up with your financial advisors company and other things for various reasons.

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Is Trading Really For You?

When it comes to any kind of stock market, knowledge is power. And the more you know about the company that you’re investing in, the better chance you have to make a profit out of your investment.

And that applies, especially to Penny Stocks. Because there are a lot of companies that make huge gains here. We are talking about a 200%, 400% gains in a single day, which is something rare in other stock markets, or you can say the blue chip peers.

Yes, if there was a company who made a 200% gain in blue chip stocks, that news would be all over the world. You will see that flashing on CNBC and every other news channels and newspapers out there.

But you should know that there is a law in the world of stock market that goes like this – if you have a chance of a higher return in a short amount of time then there is also a risk of losing a lot of money in a short amount of time.

So, yes there is a risk, but if you are smart about your investments, then your losses will be negligible compared what you make. But one thing you should know is that you will have to spend a lot of time researching the companies and the stocks that you will be investing into.

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Want to Make Money Online?

You can use a safer way of increasing your income, and that is by doing affiliate marketing. It is also one of the best ways to build your own passive income.

Basically you will be promoting other peoples products at a 50%+ commission for each sale depending on the type of product. This prevents the burden of creating the product yourself, plus you can instantly start making money if you have the right information.

The risk with affiliate marketing is lower because there is a cap on how much you’ll lose.

Wealthy Affiliate is the best way to get the right information and the help to get started.

Remember, you always have a choice to either take a high risk route, or take a low risk route and make the same amount of money. You just have to find the right routes to reach your goal/destination.

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