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The Signal is an investing service run by Phillip J. Anderson.
He claims he's the "world's #1 market forecaster" and says this will be the "final chance most Americans have to rescue their dream retirement."
Sounds dire!
And all you have to do to avoid catastrophe is buy The Signal.
Is this a legitimate offer or another stock-picking scam?
We'll get to the bottom of this question in this review.
Below, you'll find everything there is to know about this service, including background information, an overview of what you get, and any red flags that I can find.
You'll know if this newsletter is worth buying by the time you're done reading.
The Signal Summary
Creator: Phillip J. Anderson
Price to join: $1,495
Do I recommend? No
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Overall rating: 2/5
The Signal is your typical stock-picking service, which isn't a good thing.
It's published by Rogue Economics, which hasn't released a newsletter worth buying yet.
I'd avoid this newsletter for a lot of reasons.
The top reason to avoid it is that it just seems so gimmicky to me.
The whole thing is based on 18-year-old trends and predictions.
It relies heavily on fearmongering that the coming recession will be the end with no possible recovery.
On top of all this, there are fake testimonials on the sales page, and you'll be thrown into an aggressive sales funnel after you buy.
You'll be bombarded with manipulative sales funnels if you do buy.
It's not worth the headache, in my opinion.
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The Headache Of Buying The Signal
Before we get into the details of this offer, you need to know some background information.
The Signal is a Rogue Economics product, and Rogue Economics is owned by MarketWise.
MarketWise is a massive publicly traded company that brings in close to a billion dollars in revenue every year.
They own dozens of popular publishers and are basically a reboot of a very unethical company called Agora (which was fined millions for defrauding the elderly).
It's important that you know which companies own this newsletter because you have to know what you're getting yourself into before buying.
You're not going to simply buy this newsletter and that's it.
You're going to be squeezed for every dime possible by Rogue Economics and MarketWise.
They're going to send you manipulative sales presentations for other products that can cost tens of thousands of dollars.
They'll promise these massive returns, but they almost never materialize.
I've reviewed dozens of services from MaretWise, and they all pretty much stink.
Rogue Economics flagship newsletter, The Distortion Report, has performed horrible as well.
So beware if you do The Signal; it comes with a lot of baggage.
What Is The Eleventh Hour?
The Eleventh Hour is the main sales pitch that's going around for The Signal.
In it, it breaks down Phillip Anderson's investment philosophy.
This is really why I referred to The Signal as a gimmicky investing letter.
The whole thing is based on the fact that we go through 18.6-year cycles of busts and booms.
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So the idea is that we're teetering on a crash and that we're in the "11th" hour.
Here's the thing: It's well known that we're on the verge of a recession, and some people think we're already in one.
Every stock picker is operating like we're going to be in a recession and marketing like the world is about to collapse.
If Phillip came out a few years ago with his little system and claimed a few years in advance that a recession was coming, I'd be more impressed.
This seems more like they developed a marketing campaign based on an obvious coming recession.
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Fake Testimonials (Major Red Flag)
I've been reviewing make money online programs and investing services for the last 5 years.
In this time, I've reviewed over 1,000 different products.
Because of this, I've learned how to spot a fake testimonial, and The Signal is using them on their sales page.
Here's the first testimonial on the sales page:
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Whenever you see a very good-looking person with an extremely high-quality headshot like this in a testimonial, it's safe to say it's fake.
And you can actually see if it's fake.
All you have to do is do a reverse image lookup, and it'll show you where else the picture is being used on the internet:
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This is just a stock photo you can buy.
And if one testimonial is fake, it's safe to just assume all the rest are fake as well.
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The Signal FAQs
I still have some questions about these investing services.
Here are answers to any questions you might have.
1) What is being offered?
This service is a little different than most.
Other stock-picking services usually deliver a new stock pick once a month with an entire write-up.
Typically, you get a model portfolio with around 25 stocks as well.
But with The Signal, you only get 3 stocks to start off with, and then you get a 4th pick later on.
You'll get more picks throughout the year, but there's no schedule or anything like that.
Some months you might get a few picks, and other months you might get none.
It's all based on this 11th hour" gimmick and certain signals that stocks send out.
Additionally, you'll get updates on the stock periodically after it's been recommended, and you'll get buy alerts when a new stock is recommended.
2) How much does The Signal cost?
This newsletter costs $1,495, which is probably the absolute most I'd spend on a stock-picking service.
Anything more than that, and the price of the product will eat into your gains too much.
There's a rule in investing that you should never spend more than 1% to 2% of your portfolio on research.
So at a bare minimum, you'll need around $75,000 to invest for this service to make any sense.
3) Is there a refund policy?
Nope!
All there is is a lousy credit refund.
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So basically, you can just use the money you spent on other products from Rogue Economics or any other MarketWise publisher.
There's no way to get your money back once you've paid.
I don't like that at all.
4) Are there similar newsletters?
Yes, there's many newsletters just like this one.
Some include:
- The Distortion Report
- Stansberry Investment Advisory
- TradeStops
- Retirement Watch
- Intelligent Income Investor
- True Wealth
- The Opportunistic Trader
- Jeff Clark Trader
- Behind The Markets
- The Oxford Income Letter
- Power Gauge Report
- Chaikin Analytics
As you can see there's no shortage of investing newsletters out there.
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The Signal Pros And Cons
Wrapping Things Up
So that's the end of my review of The Signal.
Listen, I've reviewed so many newsletters from MarketWise at this point, and they all do the same thing.
They overhype the service and claim the person running it is the best ever.
Then you get the stock picks, and they trail the market.
Many of these newsletters lose money too.
The main newsletter at Rogue Economics lost like 30% last year.
Is the Signal going to be any different?
I highly doubt it.
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