Want to make your fortune in the stock market but don't know how to start? Then maybe you've been looking for the right mentor or the right resources to jumpstart your journey to financial security.
One of the resources you found online is Ted Bauman's The Bauman Letter and his Endless Income book.
You're wondering if this is it. If these are the resources you've been waiting for and if Bauman will dispense all the necessary advice you need to get you started.
But there's always that niggling doubt, and you're wondering if The Bauman Letter and the Endless Income are just another scam.
Find out the answer in this The Bauman Letter and the Endless Income review.
The Bauman Letter Summary
Creator: Ted Bauman
Price to join: $39-$129
Do I recommend? Possibly
Overall rating: 3/5
The Bauman Letter is a standard investing service.
It gets decent returns and customers seem to like that newsletter.
However, a bad company owns and you'll be bombarded with expensive promotions once you sign up.
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What Is The Bauman Letter?
The Bauman Letter is a monthly newsletter written by Ted Bauman, a financial writer and editor. This is published by Banyan Hill, a financial publication based in Delray Beach, Florida.The newsletter contains the latest news and the hottest trends in the stock market and the financial world.
You'll learn about the best investment vehicles where you can invest your money. These include bonds, stocks, options, and other asset classes.
In addition to the monthly newsletter, you will also receive weekly updates, trade alerts, and access to the Bauman Letter portfolio. Subscribers can also call the company customer service hotline if they have any questions.
Ted Bauman has another product available online, and this is the Endless Income book. The complete title of the book is Endless Income: 50 Secrets to a Happier Richer Life.
In this book, you'll learn how to increase your income through savings, investing, and taking advantage of a tax loophole. You will also learn how to save money doing simple tasks, such as having your haircut and more.
According to the Banyan Hill website, the book is available for free. But keep in mind that this is an actual paperback, and it is not available in digital format. The publisher claims that it is not available on Amazon or any other bookstore.
I did a quick check on Amazon to see if this is true. Lo and behold! The book can be purchased from Amazon. The previous owners probably didn't find the contents of Endless Income very helpful.
The book and the newsletter are published by Banyan Hill Publishing, an investment advisory service provider that is based in Delray Beach, Florida. The business was founded in 2013, but it was incorporated earlier in 2006. It is also known as Sovereign Offshore Services, LLC.
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What's In The Bauman Letter?
So, what's inside the Bauman Letter?
The Bauman Letter includes 12 monthly newsletters about the hottest trends and other information in the financial world. You will also find Ted's recommendations on the best investment vehicles so you can benefit as the market shifts. These can include bonds, stocks, income-generating blue chips, and more.
Subscribers of the Bauman Letter will receive weekly updates about their portfolio and the latest updates on the financial market. According to Ted, these updates will open more opportunities to grow your wealth, as well as make sure that you're well-informed in the financial industry.
Subscribers will receive trade alerts from Ted Bauman every time they need to take advantage of positive shifts in the market. You can send your orders to Ted Bauman via email or phone.
Access to The Bauman Letter Portfolio
You'll be given an update on prices, as well as recommendations on what to buy and what to sell with The Bauman Letter. You'll have access to this 24/7.
Dedicated Customer Support
You can call Ted Bauman's dedicated customer support for any questions about your subscription.
But what about the Endless Income by Ted Bauman? Let's take a look at its contents.
Some of the topics that will be discussed include how to grow your money quickly thanks to a supercharged savings account that earns more interest than the regular savings account.
You'll learn the secret on how to add thousands of dollars more to your retirement fund. Ted will also teach you how to collect $3,000 or more from the IRS, as well as how to earn $565 per month for insuring your nest against a stock market crash.
You'll learn how to get a 200% pay raise, as well as discover how you can earn $10,000 without leaving your own home.
Banyan Hill offers several bonuses along with the Endless Income book.
Bonus Report 1 is entitled 7 Ironclad Tools for Protecting Your Money and Privacy. In this section, Ted will teach you how to ensure that hackers will not be able to access your computer and your sensitive financial information.
Bonus Report 2 is all about Getting the Best for Less. Here Ted will teach you about a secret website where you can find the best luxury getaways and still save money. You will also learn how to save money on wines you can order at restaurants, how to play free rounds of golf at the best clubs in the world, and more.
Bonus Report 3's topic is How to Get Free Energy. In this section, you'll learn how to save and even make money in your own home through your electricity, gas, and other utilities.
When you purchase the Endless Income book, you will also get the fourth bonus which is The Bauman Letter.
The fifth and last bonus is the Total Wealth Insider. This is a monthly newsletter that you're going to receive every month.
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Who Created The Bauman Letter?
The man behind the Bauman Letter and the Endless Income book is Ted Bauman. According to his Banyan Hill bio, Bauman was born in Washington, D.C. and was raised in Maryland. He attended the University of Cape Town in South Africa with a degree in economics and politics.
He worked as a fund manager for a non-profit organization in South Africa and co-founded the non-profit organization Slum Dwellers International.
He worked as a consultant for other prominent NGOs, including the World Bank and the United Nations. He came back to the U.S. in 2008 and worked for Habitat for Humanity International. He became a full-time writer and researcher in 2013, joining Banyan Hill in the same year. He is the editor of the Bauman Letter, Alpha Stock Alert, and the 10X Project.
He also writes for The Sovereign Investor Daily. His works have been published in the Journal of Microfinance, Small Enterprise Development and Environment and Urbanization. He also co-authored Where to Stash Your Cash (Legally) with his father, former United States Congressman Robert Bauman.
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How Much Does It Cost?
You can purchase the Bauman letter for $39, $79, or $129. Keep in mind that the price varies, so you can watch out for discounts now and then. You can cancel your subscription anytime.
The Endless Income book is available on Amazon at anywhere between $74.64 (used) and $349.63 (new). You can also get it for free (terms and conditions apply, of course) at the Banyan Hill online store.
What I Like About Bauman Letter
If you're the type of person who loves reading tomes of financial literacy books or you watch the Bloomberg channel and spend hours reading Forbes magazine, then get ready for information overload here.
The Bauman Letter is perhaps one of the most comprehensive financial and investment newsletters I've come across. Plus, you can purchase the Endless Income book that will teach you how to save and invest properly.
Several bonuses come along with the book. Here you'll learn about protecting your privacy and your money, as well as best-kept secrets by people who have saved money on luxurious trips and more. You'll also learn about free energy, as well as how to find the best investment opportunities.
What I Don't Like About The Bauman Letter and Endless Income
What I Don't Like
It's not for people who are new to the stock market
You want to be the next stock market multi-millionaire, but you don't know one thing about stocks, bonds, options, and ETFs. You're thinking that a newsletter and a book from Ted Bauman can help you accomplish your goal.
If you're new to the stock market and you don't know one thing about it (except that you like the sound of 'dividends,' 'shares,' and other financial buzzwords), then I'm afraid this is not for you.
The problem with these types of newsletters and books are marketed towards people who don't have enough knowledge and experience in the stock market. If you're one of those people, then it's best to read up on the basics first.
Don't dive into newsletters and books like the ones sold by Banyan Hill as these are for people who already have years of experience in the financial industry and can discern a good deal from a dud.
This is virtually useless if you don't have a lot of money
If you only have a few thousand dollars in your savings account or retirement fund and you don't have a lot of disposable income, then forget about gambling your money on the stock market.
You'll likely end up losing what little money you have after you've made a wrong decision in buying a certain share or when the market shifts. Meanwhile, Banyan Hill is laughing all the way to the bank. You're better off saving that money for rainy days.
Banyan Hill's reputation
Banyan Hill has a bad rap among its buyers and subscribers. Just take a look at its Better Business Bureau page and you'll see numerous complaints. Some of the customers complained about billing and collection, money-back guarantee, and sales practices. Customers also complained about Banyan Hill's product itself.
Is It A Scam?
Ted Bauman and Banyan Hill will only give you financial advice, but you are still the one in charge of your money. Some of these observations, insights, and recommendations make sense and are truly are effective.
But as always, some of these insights and recommendations will ultimately fall short. If you're not careful, you can lose money even when you've followed Bauman's advice to the letter.
It's best to study the fundamentals first and steer clear of get-rich-quick schemes and other questionable tactics advocated by smooth-talking gurus and so-called experts if you're new to investing.
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At the end of the day, it's still your money. So, whether you learned something helpful from this The Bauman Letter/Endless Income review, you will still get to decide how you're going to spend it.
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