Capital Wealth Letter Review – Jimmy Butts Scam?

Capital Wealth Letter is an investing service that is run by Jimmy Butts.

He claims he can help you pick high performing cryptos and stocks.

Is this legit or just one big scam?

I'll answer that in this review and more - you'll see background information, price to join, overview of what you get and any red flags that I find.

You'll know if Capital Wealth Letter is worth it by the time you're done reading.

Let's get started!

StreetAuthority Is A Standard Publisher

Before we get into Capital Wealth Letter let's talk about StreetAuthority real quick.

Overall I would describe StreetAuthority as a standard investing publishers - this isn't really a good thing.

There must be a publisher playbook that all these investing brands follow because Street Authority is a carbon copy of so many others.

How this publisher works is they put out stock teasers to get you to buy.

These are long form presentations about a stock and they withhold the stock name to get you to buy.

Often times these publishers offer a cheap product to try to get you into the sales funnel.

Capital Wealth Letter is that product for StreetAuthority.

The goal is to get you into the sales funnel for cheap and then upsell you products that cost thousands afterwards.

All publishers do this and so does StreetAuthority.

So if you do buy Capital Wealth Letter expect an avalanche of promotions in your inbox.

It's annoying and almost all customers hate it - but it's how publishers make the majority of their money.

Recommended: The Best Place To Get Stock Picks

Faking Testimonials (Big Red Flag)

One of the worst things an investing newsletter can do is fake testimonials.

It's just such a slimy tactic in my mind and unfortunately Capital Wealth Letter is doing it.

This is a screen shot from the Capital Wealth Letter's sales page claiming "Michael B" from Idaho made $50,3000 from following Capital Wealth Letter's investment advice:

Now I've been doing this for a while and can spot a fake testimonial from a mile away.

These are clearly models and this is just a stock photo.

Just to be sure I did a reverse image look up and it turns out they are just in fact models.

Here's the same picture used on Amazon to sell a garlic crusher:

Here's another screenshot from Walmart with the same picture:

This picture is used hundreds of times around the internet.

It's a pretty low effort fake testimonial in my opinion - at least TRY to make it seem like it's a real customer!

There's Not Much Out There About Jimmy Butts

Jimmy Butts leads Capital Wealth Letter but there's not really much out there about him.

I looked around and couldn't anything about him - he doesn't even have a Linkedin.

All I know is he used to be the editor for another StreetAuthority newsletter called Top Stock Advisor.

But it doesn't look like that newsletter is for sale any more because it's not listed on StreetAuthority's website.

However, I could find a stock pick he made when he was running Top Stock Advisor.

He ran a stock teaser claiming he could help you make $201,873 windfall.

The company Butts was hinting at was EchoStar which is a satellite broadband network company.

It's similar to Starlink, Elon Musk's satellite internet company.

Despite the promises of a massive payday the stock has crashed pretty hard since being recommended in February 2020:

So as you can see Jimmy Butts is perfectly capable of hyping up an asset and it turning out pretty bad.

Recommended: The Best Place To Get Stock Picks

Crypto Is A Bad Idea

I know there's a lot of hype behind crypto and in the past years there's been a lot of crypto millionaires and even some billionaires.

But I think recent events should make people more skeptical about investing in these assets.

The main reason I avoid crypto is they're completely unregulated.

In order to be a public company you have to be transparent about your business and submit paperwork with various regulatory bodies.

Nothing like this exists in crypto which is why fraud and scams are RAMPANT.

Look at the recent saga of FTX if you don't believe me.

This was one of the biggest crypto exchanges in the world and collapsed basically over night.

Billions in crypto was lost because of it.

The company was pretty much bribing politicians to keep the scam going as long as possible.

Other cryptos turn out to be ponzi schemes that can collapse in the blink of an eye.

I understand the previous gains of crypto are very alluring but I'd avoid cryptos all together until there's some sort of regulatory laws in place.

What Is Capital Wealth Letter Offering?

Capital Wealth Letter is a very standard newsletter and is almost identical to 100 other investing newsletters I've reviewed.

Here's what you get:

Monthly Issue Of Newsletter

This is pretty much the main part of the offer.

Once a month you'll get a new copy of Capital Wealth Letter and each issue will come with an investment idea.

Some times you'll get a crypto pick and other times you'll get stock picks.

It seems most of the stock picks will be lesser known small cap companies.

Model Portfolios

There's three different model portfolios at Capital Wealth Letter.

They are:

• Crypto Portfolio: These hold the current crypto recommendations
• Game Changers Portfolio: This is the portfolio for the "innovative high potential" investment ideas.
• The Main Portfolio: This portfolio holds the core positions of Capital Wealth Letter.

Special Reports

Along with everything else you get a few different special reports.

These act like sweeteners and are constantly changing.

Right now the special reports are:

• How To Safely Grow Your Crypto Fortune
• How To Multiply Your Crypto Gains 10X
• The Hottest Investment Opportunities Of 2022

Capital Wealth Letter FAQ's

Still have some questions about Capital Wealth Letter?

Here's answers to any remaining questions you might have:

1) How Much Does Capital Wealth Letter Cost?

This newsletter will cost $39 for the first year or you can get it for two years for $78.

After this is renews for "current price."

However, the current price isn't disclosed.

My guess it will cost $199 per year after the initial subscription runs out.

This is cheap but it's also the bait product to get you into the sales funnel.

Once in the sales funnel you'll be promoted very pricey products.

2) Is There A Refund Policy?

Yes, you get 90 days to get your money back.

After the 90 days you can get the remaining subscription refunded back to you.

However, the cost is just $39 for the first year.

If you're getting a refund it's likely because you lost big on one of the picks - much more than $39..

3) Is Jimmy Butts Legit?

To be honest there's not really enough information out there to determine.

It looks like his previous newsletter is now defunct which is never a good sign.

However, the fact Jimmy is willing to fake testimonials on his sales page isn't a good sign.

It shows he's willing to be deceptive when marketing which is a bad sign.

4) Do You Recommend Capital Wealth Letter?

No.

Like I said before faking testimonials is a big time turn off for me. If someone is willing to do that they're willing to be do other misleading things.

Additionally, I just don't recommend investing in cryptos anymore.

The days of hitting big on something like Bitcoin just seem over to me.

There's too much fraud and scamming in the industry as well.

It might be worth having some money in something like Bitcoin or Ethereum but I don't trust any of the smaller coins Jimmy would be recommending.

Recommended: The Best Place To Get Stock Picks

Capital Wealth Letter Conclusion

So that's the end of my review of Capital Wealth Letter.

This newsletter isn't very appealing to me. I knew the second I saw that obviously fake testimonial on the sales page this wasn't going to be a newsletter I'd recommend.

There's really nothing special about this product and my guess is it's not making money right now.

Cryptos are getting crushed and these smaller "innovative" companies Jimmy likes to recommend are too.

The price is cheap but the risk involved with these picks is just too much.

Some of these investments are going to lose big and fast.

I'd avoid.

Here's A Better Opportunity

I'd pass on Capital Wealth Letter.

The good news is there's much better stock picking services out there.

I've personally reviewed hundreds of them..

To see my favorite (which is very affordable), click below: