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.
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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:
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The Near Future Report FAQs
1) Is The Near Future Report Worth $49?
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?
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.
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