by Porter Stansberry, SHTFPlan:
As you undoubtedly know, financial newsletter writers get paid to make bold, exciting predictions. Judging by the hyperbole in our industry’s sales letters, you’d have to imagine that we’re all bipolar. After all, according to newsletter writers, the world is always either about to end… or about to boom.
Today’s Friday Digest is no different. In fact, what I would like to show you today is without a doubt the single greatest threat to your wealth you will ever face. Even so, I’m confident almost all of you will ignore this warning until it is far, far too late. And that’s at least partly my fault. So before we get to the finance, I’d like to share something about my own company that I don’t like and wish I could change.
The reality is, the terrible things and incredible booms we predict (almost every day) in the sales presentations for our newsletter business rarely come to pass. I’d like to think our sales presentations are better than my fellow publishers… but truthfully, I’m pretty sure an outsider wouldn’t be able to tell the difference. So how can you tell when a newsletter writer’s dire warnings or emphatic recommendations are real… or at least likely to turn out to be right?
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