Colin Tedards has taken over the newsletter, The Near Future Report.
If you're here, you're probably wondering if it's a scam or not.
That's what this review will answer.
Below, you'll find everything you need to know about this newsletter, including background information, the price to join, an overview of what you get, and more.
You'll know if The Near Future Report is right for you or not.
Let's get into it!
The Near Future Report Summary
Creator: Colin Tedards
Price to join: $49 to $120 + upsells down the road
Do I recommend? No
Overall rating: 2/5
I wrote a review of The Near Future Report about two years ago, when Jeff Brown launched the newsletter.
I didn't recommend it because of its sleazy marketing, and I didn't trust Jeff to beat the market.
My instincts were correct, and the newsletter performed badly.
Jeff has since been fired, and a new guy named Colin Tedards is now leading the newsletter.
I wouldn't expect much change, to be honest.
The marketing is still manipulative, and there are aggressive upsells after you buy.
Colin seems very unproven to me as well.
So I'd continue to pass on The Near Future Report.
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Jeff Fired, Colin In (Readers Aren't Happy)
Jeff Brown was the founder of Brownstone Research and Legacy Research.
However, these publishers were bought by a public company called MarketWise.
Because of this, Jeff lost control over the publisher and, in the last few months, was fired from the newsletter.
Many of the positions he built up over the last few years were in sectors like biotech.
These sectors have been massively down these last 18 months, and much of the portfolio was down 75% to 90%.
As a result, a new stock picker was brought in, and his name is Colin Tedards.
Additionally, The Near Future Report has been started completely over, and all positions in the portfolio have been recommended to be sold.
So that's where we're at now.
I don't even think The Near Future Report is open yet and ready to buy.
But the free newsletter is still going out, and so far, customers aren't digging Colin.
Here's what a few people have to say about the new guy:
I'm not sure the new Near Future Report will be any better than the last.
However, it does seem like Colin's picks won't be as risky as Jeff's were.
According to his profile, he likes to recommend companies like Intel, Amazon, Meta, and Enphase Energy.
I'll check back in on the portfolio once it officially launches.
There's Manipulative Upsells
$49 for 12 newsletters over the course of a year with a bunch of bonuses isn't a bad deal.
You do actually get that for $49, but you'll be pressured into buying a much more expensive newsletter after you buy it.
Here's a post from someone explaining exactly what happens after you buy:
It's well known in the world of internet marketing that people who have already bought from you are much more likely to spend money on a more expensive product.
Knowing this, many marketers sell cheap products just to get people onto their email list.
Then you'll get emails like the one described above, making it seem like you must act now and buy another newsletter for $2500.
The post up top makes it clear that this was not a spontaneous email either. This is an automatic email that everyone who buys The Near Future Report will get.
So if you decide to get The Near Future Report, just realize you're not getting access to all of Jeff's stock picks.
You have to pay thousands more to get everything.
Recommended: The Best Place To Find Stock Ideas
The Near Future Report Overview
Edit: I didn't update this section in my review. The new newsletters will be very similar. You'll get 12 months access, with a new stock pick every month and a bunch of special reports to sweeten the deal. I'll update once I know what the bonus reports are.
The Near Future is broken up into newsletters with stock news, advice, and a bunch of bonuses.
Here's a look at exactly what you get:
12 Month Access to the Newsletter
The newsletter focuses on the tech market and various stocks that are worth selecting.
You'll also get access to all previous newsletters.
Additionally, you'll get email updates with buy and sell recommendations.
Jeff Brown's Second Wave: Featured Bonus Reports
The first set of bonus reports is focused on the economy after COVID passes.
Here's a breakdown of each one:
#1 Biotech Stock of 2020: Why The FDA Just Fast Tracked The King Of Genetic Sequencing
The first report details a stock that Jeff believes is the best biotech stock. It's a company called Illumina.
They got an emergency use authorization from the FDA to make genetic sequencing-based COVID tests.
You can read more about it here.
Toxic Tech: 5 Tech Darlings To Dump Right Now
According to Jeff, many tech stocks are overvalued because of the COVID stock market rally.
He compares them to stocks during the dot-com bubble.
You get a list of overvalued stocks that you should get rid of so you don't erase your gains with massive losses.
3 Special Bonus Reports
The next set of bonus reports are the following:
The New Economy: 5 Stocks That Will Soar In The Post-Covid World
This report goes over the post-COVID world.
You'll get a look at stocks that Jeff thinks are going to explode after we move beyond COVID.
These picks aren't huge companies either, so there's a lot of upside.
The Top Biotech Buyout Candidate: The 2,200% Secret
A buyout stock is the stock of a company that was just acquired by a bigger company.
When this happens, the stock usually goes up a lot.
This report shows you a potential buyout stock in the Biotech market.
Jeff Brown's New 679% Stimulus Play
Americans will soon be getting another round of stimulus checks, and some companies will benefit more from this than others.
This report shows you a potential stock that will benefit from these stimulus checks.
Jeff believes it has a chance to give you returns as high as 679%.
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Can I Make Money With The Stock Market?
Many people have created insane amounts of wealth with the stock market; others have lost fortunes.
Is trading stocks right for you?
I believe it is, as long as you join the right communities and use the right strategies.
For example, I wouldn't recommend day trading for most people.
It takes up way too much time, and it's extremely risky. It's mostly for people who want fast money.
The best way to invest will always be to pick stocks when they're low and hold them until they rise.
This could take months or years, but it's by far the best way to do it.
Finding the right stocks can be tricky, though.
I've reviewed all the best places to find good stock picks. To see my favorite place, click below:
Recommended: Weekly High-Quality Stock Picks
The Near Future Report FAQs
1) Is The Near Future Report Worth $49?
No.
You might be thinking, "This is so cheap, it's probably worth checking out."
But the real goal of The Near Future Report is to get you into a sales funnel where more expensive products will be marketed towards you.
Some of these products cost thousands of dollars per year.
The upsells will be pitched to you aggressively and in a manipulative fashion.
2) Is Colin Tedard legit?
It's really too early to tell, but his background doesn't really blow me away.
He was a writer for Seeking Alpha and apparently made some investments when the market crashed in 2008.
But other than that, no results are offered, and you can't look at his total gains over the years.
I guess we'll know soon enough when The Near Future Report relaunches.
3) What is The Near Future Report about?
This newsletter used to focus heavily on biotech.
But Colin seems to have no experience in biotech, so that's been scrapped.
Looking at some of the calls he's made in the past makes me think they'll be general tech and clean energy stocks.
4) Is there a refund policy?
Yes, there's a very good refund policy. You get 60 days to decide if The Near Future Report is right for you. If you don't like it, you can get your money back.
However, the more expensive products won't come with a money-back guarantee.
Keep that in mind if you're tempted by the upsells.
5) How much do I need to get started trading?
Apps like Robinhood let you trade for free, so there's really no minimum.
However, you should never trade more than you can afford to lose.
So if you can barely afford rent this month, I would hold off on the stock market.
But $10,000 seems like a good place to start.
6) Are there any alternatives?
Yes.
There are much more affordable newsletters and reports for stock ideas out there.
To see my favorite place to get stock ideas, click below:
The Near Future Report Pros And Cons
Here's A Better Opportunity
I'd pass on The Near Future Report.
The good news is there's still a lot of good places to get stock picks.
I've reviewed all the best places to get good stock ideas.
To see my favorite (which is very affordable), click below:
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What you have described here in your article is EXACTLY what I have experienced with the “Jeff Brown videos” and “newsletters”. They all try to upsell you and if you think this may be different, think again. Every one of their emails, newsletters and videos say they are going to reveal to (only because you are a preferred subscriber) for FREE the stock tip of the year and it’s ticker symbol. So you listen for eternity to the video only to be upsold at the end. What happened to the FREE? You get that ONLY if you join the $1,000 plus subscription. Don’t waste your time with ANYTHING related to this person!
Completely agree!
I’m in complete agreement with you regarding Brown’s manipulative upsells. Also, I share the other investor’s outrage over Brown’s expectation that a client who has already paid is supposed to put down another $2500 for one ticker symbol. For the record, reading between the lines of that particular pitch, I figured out the name of the company he said was about to take off, “possibly as soon as tomorrow morning.” It was Adaptive Biotechnologies (ADPT). Since I was saving the 2 1/2 grand he wanted for that info, I went ahead and bought some of that stock. It promptly went down about $10 and has yet to recover. ADPT may yet be a worthwhile investment, but clearly Jeff Brown had another reason for pushing it so urgently (or, yes, “hysterically”).
I should also mention that my initial exposure to Jeff Brown was his pitch several months ago concerning special-purpose acquisition companies (pre-IPOs). SPACs was a new concept to me, and I did plunk down the money to learn about ’em. Since then he has identified several of these companies that subscribers ought to load up on, in order to catch the next Amazon/Microsoft/Google/etc. Without exception, each spiked slightly on the day of his announcement, sank immediately thereafter, and continues on a very thinly traded flat line. Again, one of them might eventually outperform, but there was no cause for excitement (other than his, at the prospect of getting people’s credit card numbers).
I continue to receive chatty emails from him every day, but have stopped reading them. They’re just filler, interspersed with links to additional staged interviews that promote similar promotions, each one somehow pegged at either $2K or $2.5K.
Thanks for the comment and insight!
Another downside to having money parked in equities that currently show a loss and are not going anywhere is that the money isn’t available for other investments that ARE moving.
All the trades he recommended in his Neural Net Profits program which i went for 3 months ago at $2,500 totally tanked and go up and down at low prices never recovering the original set biy price he recommended in a rhythm of day trader stuff whoch i suspect he’s either doing under another corporate name or some affiliate agreement outdide of any easy info access.
Thanks for the insight!
Thanks for the article! I spent 2500 which I got back because Jeff told about these 7 penny IPO’S that you must buy now. But when I saw the sticks the next day they ranged in price from 8 dollars a share to 14. This I feel was a scam and got my money back. I did use the stock info, but have seen no positive movement. I think a report to the BBB is in order.
Thanks for the insight!
Thank you so much for the review. I was just about to buz the report i just google and your report came first. A very neutral review that changed my decision. Anyone is kind enough to share the report itself or please share ticker symbols of the stocks to buy for the beginners like me? I still have one question, in this remarkable report, anything is related to this GTE technology or where to invest in it?
Hi Dillon,
I have a former friend of mine that has used Jeff Brown for a few years now. From what my good friend is told me who is still friends with him mentioned that he’s doubled his account from 2 million to 4 million using a lot of the tech pics that Jeff Brown recommends. I wouldn’t be so quick to judge this guy. I know his approach looks very salesy, but I’ve signed up for his newsletter and another level up, so about $250 all In. One trade I could totally pay for this service. I’m looking forward to testing some of his recommendations and will do my best to get back with you once I do to let you know how it goes.
Best, Tony
This man is a thief. I have lost $4000 from his upsells about SPACS. I lost confidence and trust in all these con artists who claim to have call AMAZON, APPLE , TESLA , BITCOIN ETC… i TRIED TO GET MY MONEY BACK BUT I WAS TOLD I WOULD HAVE TO GET ANOTHER PUBLICATION. NO REFUND WAS ALLOWED.
I have to call out Jeff Brown for he is the biggest scammer ever. All of his recommendations made me lose tons of money and nothing has ever made anything he promises.
Mr, Brown, you will never get my money again and you should feel ashamed of stealing Americans hard earned cash. I urge people not to watch his deceiving informecials. and not fall prey to this con artist. The only one who get rich from his newsletters is HIM.
Sorry to hear this!
I just watched a YouTube video where Jeffy popped up in an ad. I didn’t even get to the juicy bit of what he was trying to sell when I decided to Google him to check if he was legit & I happened across this article.
Obviously the reference to a “Jeff Brown” being indicted of real estate fraud is fairly significant in this judgement. Quoting the article above “I can’t verify that this is 100% the same Jeff Brown”………….well I again went to Google & verified in about 45 sec that it is, here is the article I clicked on my 3rd attempt: https://briefly.co.za/108479-jeff-brown-net-worth-age-family-predictions-quotes-investments-profiles.html
So….if you are interested enough in Jeffy to write an entire article why would you not Google the fraud bit & confirm it is or isn’t the same guy rather going full on amateur Colombo wasting way your own time (and of people who read your article) researching circumstantial evidence such as the indicted Jeff Brown also came from Texas & he kinda looks about 50??
Don’t mean to sound bitchy but I just cannot fathom why you not just check.
Appreciate the comment.. That post you linked to did come after I posted my review, though.. so wasn’t available for me at the time. I pieced together what I could at the time and I’m glad I was right.
As far as I can tell I’m the only one to point this out.
The refund is not with money back but instead you can only use the amount on his other products.
After, you are in you start to get bombarded with similar services that also do huge upsels …. Your email is soles/shared to other marketers.
Every single email is like click is a hook…. To get you open msg wich says “we will anounce the nex something for free” and on the page there is a special offer of 2000$
This man is a fraud. Do not believe him.
Colin Tedards is a Joe Schmo investor. His qualifications are a joke. He made 200k in stocks….wow…..
Yeah, I don’t think he’s proven at all