
James Altucher is a well-known entrepreneur, podcaster, and author who has been making waves in the online business community. He's been accused of running a scam, but is it really?
James Altucher has been involved in various business ventures, including stock trading and real estate investing. His website claims to offer a range of business opportunities, including online courses and coaching services.
Some people have questioned the legitimacy of these opportunities, citing concerns about the quality of the information and the potential for financial loss.
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James Altucher Review
The Altucher Report is an investment-focused newsletter edited by James Altucher, published through Choose Yourself Financial, a branch of Agora Financial.
It promises to make you wealthy, albeit through a longer route, by delivering updates on emerging income opportunities that can make you a fortune for a secure and happy life.
The website states that the Altucher Report will show you what stocks to buy, what businesses to start, and how you can position your family to survive.
James Altucher is associated with other similar publications, such as the Lifetime Income Report and The Big Book of Income, which promise similar things to The Altucher Report.
The Altucher Report is essentially a promise of riches, which is a bold claim that requires careful consideration and scrutiny.
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The Concept of Scam
The concept of a scam is often shrouded in mystery, but at its core, it's a cleverly crafted scheme designed to deceive and manipulate people out of their hard-earned money.
A scammer typically uses high-pressure tactics to create a sense of urgency, making victims feel like they'll miss out on an incredible opportunity if they don't act fast. This can be seen in the James Altucher scam, where victims were promised a chance to make a quick fortune by investing in a high-risk, high-reward scheme.
Scammers often use fake credentials and testimonials to build trust with their victims, making them believe that they're investing in a legitimate opportunity. In the case of the James Altucher scam, victims were shown fake success stories and testimonials from supposed investors who had made a fortune using the scheme.
Formal Education is a Scam
Formal education is a system that prioritizes standardized testing over individual learning, as seen in the section "The Purpose of Standardized Testing" where it's mentioned that "standardized tests are often used to measure student performance and determine college readiness." This can lead to a narrow focus on test preparation rather than actual learning.
Many students feel pressured to attend college, not because they're passionate about learning, but because it's seen as a necessary step to secure a well-paying job. This is a result of the societal pressure to have a college degree, as discussed in the section "The Value of a College Degree" which states that "a college degree is often seen as a requirement for many careers."
The high cost of tuition and student debt can be a significant burden for many students, making it difficult for them to pursue higher education without financial strain. According to the section "The Cost of Higher Education", the average student debt in the US is over $31,000.
The emphasis on formal education can also lead to a one-size-fits-all approach to learning, where students who don't fit the traditional mold may feel like they're failing or not good enough. The section "The Importance of Non-Traditional Learning" highlights this issue, stating that "many students learn best through hands-on experience and real-world application, not just through traditional classroom instruction."
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Altucher Report Legitimacy
The Altucher Report promises to make you wealthy, with its website stating that it delivers updates on emerging income opportunities that can make you a fortune for a secure and happy life.
It's published through Choose Yourself Financial, a company that's a branch of Agora Financial, which is behind several other similar publications like the Lifetime Income Report and The Big Book of Income.
The Altucher Report is edited by James Altucher, and its website claims it will show you what stocks to buy, what businesses to start, and how to position your family to survive.
The website's promises are quite bold, and it's worth noting that Agora Financial has several other publications that make similar claims, suggesting that the Altucher Report is part of a larger marketing effort.
The Altucher Report
The Altucher Report is an investment-focused newsletter edited by James Altucher and published through Choose Yourself Financial, a branch of Agora Financial.
Agora Financial is a company that puts out several similar publications, including the Lifetime Income Report and The Big Book of Income.
The Altucher Report promises to make you wealthy, stating that it delivers updates on emerging income opportunities that can make you a fortune for a secure and happy life.
What Is the Altucher Report?
The Altucher Report is an investment-focused newsletter edited by James Altucher, published through Choose Yourself Financial, a branch of Agora Financial.
Agora Financial is a company that also puts out several other publications like the Lifetime Income Report and The Big Book of Income, which promise similar things to The Altucher Report.
The Altucher Report promises to make you wealthy, albeit through a longer route of saying so.
Making Money with the Report
The sales funnels promoting the report involve hyped-up claims & trickery, which is a red flag. You're not guaranteed to make money with the Altucher Report.
If you purchase the report, you're essentially subscribing to a newsletter that's edited by James Altucher. This means you'll get investment picks & tips, but they come with risk.
Following James' advice could indeed make you money, but there's also a high chance you'll lose money just as easily. Many members have reported losses.
The payment for the report doesn't stop at the subscription fee, and some customers have been repeatedly upsold into programs costing around $2,000.
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Making Money with the Report
You could make money through the investment picks offered by the Altucher Report, but it's not a guarantee.
These investments pose risk, and there's a high chance you'll lose money just as easily as you might gain it.
Many members of the newsletter have stated that following James Altucher's advice has led to losses, not just gains.
The payment doesn't stop at the subscription fee, either - some customers have been upsold into programs costing around $2,000.
The report is over-hyped and under delivers, and if you buy into it, you'll likely find yourself disappointed.
The Free Hardback Books Trick
The Free Hardback Books Trick is a sneaky marketing tactic used by James Altucher's team. It promises free hardback books, but in reality, you'll be asked to pay $4.95 for shipping.
This "just pay shipping" gig is a common marketing trick used to weed out people who are actually willing to spend money and get your credit card details on file for future purchases.
The small print reveals that you'll be automatically subscribed to the Altucher Report, which costs $99/year and is non-refundable. If you don't cancel within 30 days, your card will be charged an additional $99.
The countdown timer on the page is also fake, counting down from 15 minutes and attempting to rush you through the buying process. Refreshing the page will reset the timer, even after the offer allegedly expired.
This trickery has been successful for James Altucher's team, with many customers complaining about being sold Altucher Report newsletter memberships through this method.
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