Is The Altucher Report a Scam? Review of James Altucher’s Investment Program

Born & raised in England, Dale is the founder of Living More Working Less & he has been making a living from his laptop ever since leaving his job as an electrician back in 2012. Now he shares what he's learned to help others do the same... [read more]

The Altucher Report is something that’s been put together by a guy named James Altucher & it’s published via a company named Choose Yourself Financial. The report claims it will provide you with access to emerging investment opportunities that can supposedly make you a fortune for a secure & happy life (according to the website promoting it at least).

Altucher Report Website ScreenshotBut there are several negative reviews about James online as well as the main company that’s actually behind it all, Agora Financial – so what’s the deal? Is it actually legit or is the Altucher Report a scam that’ll just see you losing money rather than making it?

Thankfully if that’s what you’ve been looking to find out then you’ve landed in exactly the right place because I’ve taken a closer look at the whole thing & in this review, I’ll be uncovering everything there is to know including how it all works & whether or not you can really make money with it.

What Is The Altucher Report?   |   The Free Books Trick   |   Can You Make Money With It?   |   Is The Altucher Report a Scam?   |   A Better Alternative

What Is The Altucher Report?

As I very briefly touched on above the Altucher Report is an investment-focused newsletter that’s edited by a guy named James Altucher. It’s published through a company named Choose Yourself Financial which is a “branch” of a company you might be more familiar with named Agora Financial.

The reason you may be familiar with Agora is that they actually put out several other very similar publications such as the Lifetime Income Report & The Big Book of Income – both of which promise similar things to The Altucher Report.

And essentially without beating around the bush the Altucher Report basically promises that it’s going to make you wealthy. It might take a fairly longer route in saying it, but in my opinion, that’s pretty much what it says…

The website promoting it, for example, states “we deliver updates on emerging income opportunities that can make you a fortune for a secure and happy life” & if that isn’t promising you riches then I don’t know what is.

The same website also claims that the Altucher Report will show you what stocks to buy, what businesses to start & “how you can position your family to survive”.

Despite some of the seemingly over-hyped claims, it might appeal to you as potentially being quite a good report, after all, who doesn’t want easy wealth…

But based on the “trickery” they use to get people buying this report I personally was pretty sceptical about the whole thing right from the off – and as you’ll see throughout this review I think I had good reason too.

If you don’t know where I’m come from in terms of the trickery I mentioned above, let me explain…

The “Free” Hardback Books Trick…

When I first came across the Altucher Report is was actually through a page that was giving me the chance to grab a few free hardback books. These were all books that had been written by James Altucher himself, the guy behind the Altucher Report.

James Altucher Books

One of the books was titled “how to make $2,000 in a weekend”, so they too follow the similar bold promises that the Altucher Report itself makes…

Now I don’t know about you but I’m all for free stuff so I became pretty interested in the page expecting that I was indeed going to get something for free… Only that turned out not to be the case.

It was actually one of those “just pay shipping” gigs & in order to get access to the so-called free books you were required to pay a fee of $4.95 to cover the shipping – a common marketing trick.

There are 2 reasons companies generally use this “just pay shipping” trick – the first one is so that they can weed out the people who are actually going to spend money from the people who aren’t, and the second is so that they can get the persons credit card details on file to make future purchases easier (making it easier for them to squeeze money out of people I mean).

But what you’ll notice when it comes to the Altucher Report, or the free “Reinvent Yourself” book promotion is that if you look at the small print you’ll actually be automatically subscribed to the Altucher Report which costs $99/year… And this fee is non-refundable.

Altucher Report Terms

So if pay for the $4.95 “shipping” then you’ll be automatically subscribed to the Altucher Report and if you don’t cancel that within 30 days then your card will be charged an additional $99 which you won’t be able to get back.

That’s not a sales tactic I’m particularly fond of & that’s why I referred to it as “trickery” above.

The other trickery employed on that particular page is the fact that they have a fake timer which counts down from 15 minutes and attempts to rush you through the buying process. The reason I discovered it was fake is that after simply refreshing the page it starts again from 15 minutes, even after the offer allegedly expired.

But anyway it seems to be working for them – to the annoyance of many of their customers they seem to be selling a lot of Altucher Report newsletter memberships this way according to reviews online.

Can You Make Money With The Altucher Report?

The sales funnels promoting the report involve hyped-up claims & trickery – but to be honest, if the things they promise you did turn out to whole true then I guess ultimately it wouldn’t be so bad after all… The question is, do they?

Well, as far as I’m concerned in my opinion no they don’t. Essentially when you’re purchasing the Altucher Report all you’re doing is subscribing to a newsletter that’s edited by James Altucher.

Yes, James does send out investment picks & tips as promised – but ultimately these are investments that pose risk, they are not guaranteed “free money” like you’re led to believe from the promotions of the newsletter.

If you follow his advice you could indeed make money – but as many members of the newsletter have stated there is also a high chance that you will lose money just as easily, many of whom have.

Of course though this doesn’t matter to James or Choose Yourself Financial – all they’re interested in is selling newsletter subscriptions & once you’re in so there work is done. Providing they send the newsletter to you as promised (whether it be good or bad advice) they’ve technically fulfilled their part of their deal.

And it seems like the payment doesn’t stop at the subscription fee – take a look at the review I found below in which a customer says he was repeatedly upsold into a program costing around $2,000:

Altucher Report Review

So to the answer is yes, you could make money through the investment picks offered by the Altucher Report but ultimately there is no guarantee of you doing so & it looks a lot more likely that they’re just out to get you to spend more money. Not to mention the fact that you could similarly end up losing money too.

In my opinion, the report is over-hyped and under delivers. If you buy into it you’ll likely find yourself disappointed.

Is The Altucher Report a Scam?

Well, it’s certainly not a scam as such – at the end of the day Choose Yourself Financial are selling a newsletter that’s edited by James Altucher and that’s exactly what they’re delivering… Just in terms of actually helping you make money, in my opinion it might not be so great.

I just personally feel like the whole thing is very misleading & that that are few too many marketing tricks in place. It kinda leans me towards thinking that the creators are more interested in making money for themselves than they are in helping you make money from the recommended investments.

Obviously that’s just my own opinion on the whole thing but I mean based on several of the customer reviews the whole thing just doesn’t look good at all. Certainly nowhere near as good as it’s made out to be in the promotional material.

Therefore I personally will be avoiding the Altucher Report & I won’t be recommending it to you either. I just feel like there’s far too much risk involved & that you could end up spending more than you ever manage to make back. In my opinion, there are many better ways to make money online.

But anyway hopefully my review gave you a good insight into this program & gave you a better idea as to whether or not you think it’s right for you. If you do happen to have any further questions or comments don’t hesitate to leave them below.

A Better Alternative

The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.

But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.

And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Commission Academy. In my own opinion, that's the best place to start.

At Commission Academy, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.

The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.

Some wealthy affiliates even earn as much as 5-figures per month... Or more!

Amazon Earnings Example

I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.

So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Commission Academy first. You can learn more about it here.

About the Author:
Born & raised in England, Dale is the founder of Living More Working Less & he has been making a living from his laptop ever since leaving his job as an electrician back in 2012. Now he shares what he's learned to help others do the same... [read more]
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12 thoughts on “Is The Altucher Report a Scam? Review of James Altucher’s Investment Program”

  1. I paid $79 very recently for PSV Attucher Investment and all the promised reading material that I NEVER received.after reading how so many people here basically say this site is a scam because they too haven’t received what they paid for. I therefore want a refund immediately and I will be notifying my bank to put this in dispute if my money isn’t refunded now. thanks, Paul Lawrence

  2. DO NOT BELIEVE ANYTHING THAT HE SAYS! Cant be true! Mr A show us your trading account trades (hide conf data)… Prove that you really made money taking this losing trade advice!
    These fake guru traders hawking a false narrative -Like NOW he’s claiming to be an AI expert (since when??) with miracle – not to miss trades to turn quickly $ 10,000 into a million….
    BS!!! don’t fall for it! Always read reviews – if these guys are making clients big money – they will brag about it and explain how.. Compliment him.. NOT SO HERE..
    Don’t walk RUN away from this charlatan!!!

  3. My inbox is inundated with what may be comparable charlatans that I’ve unsubscribed from, some numerous times as they have surrogates, so-called experts they feature who take up the campaign to sign you up after having inherited your email address from the sponsor database. Do the names Charles Payne, John Damon, Tom Gentile, Adam O’Dell, Whitney Tilson, Herb Greenberg, Bob Keppel, just to name a few, conjure up a bad taste or negative image? Some may be legit, but the company they find themselves makes it difficult to sort through the good, bad & ugly. What’s the average investor to do?

    Also, it appears that some marketing master mind has taken on these guys as the feel of their general approaches are all similar – in style, format, duration of presentation & the “ask” tactic or approach whereby, for instance, they attempt to suck you in w/ handling, shipping charges for instance small print making subsequent subscription, automatically renewal if you forget to cancel. The sales tactic is to sell investment packaged plans that are incrementally more expensive w/ the promise of riches that they uniformly extoll noting the usual trillion-dollar gains of investors in the heady days of Intel, Microsoft, Apple, Amazon, etc. The message is to don’t be a loser; this is akin to making an “informed” on the billion-dollar jackpots now being sold out of the friendly 7/11s.

    • IMPORTANT NOTE: Your 30 days FREE trial subscription to The Altucher Report comes with convenient automatic renewal. This means no chance of interrupted service. After your 30-day trial, unless you cancel, your subscription will renew automatically and your credit card on file will be charged a non-refundable fee of $99 for a full year (12 more issues) of The Altucher Report. You may cancel by contacting our
      Customer Service Center at 855-275-6335.

  4. Cancelling these types of subscriptions.
    Place the order, make a note on your calendar to freeze or lock your CC.
    When they try to auto charge the order will be declined.
    Make sure you use a CC that you don’t use frequently.
    Done it many times.

  5. It took me a couple of weeks but I eventually figured out it’s a major suck job.

    They flood your inbox with useless messages and lure you into watching long drawn-out videos of an hour or more when the “answer” could be “revealed” in two minutes or less. Then, come to find out the whole thing was to “create a need” that only another book would satisfy.
    Another thing is the ridiculous wig and all the hand waving.

    Full of crap!

  6. Don’t listen to his scam about finding out these AI stocks. I listened for an hour and learned nothing. Doesnt keep his promises.

  7. Glad I read the reviews before I pressed the Submit Order button!
    I am 81 and still not to old to “Get Smart”. Thank you reviewers!


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