You’ve heard it said that it’s easier to get well slowly than to get rich quickly. But D.R. Barton and his 10-Minute Millionaire Insider directly challenge that idea.
So, is it legit, or just another get-rich-quick scheme?
The 10-Minute Millionaire Insider is a $299 per year newsletter service by investor D.R. Barton that claims you can turn $500 into $1 million in as little as 11 weeks, with just 10 minutes a week. It’s not a scam, but some of the claims seem to be overstated.
Read on to find out more about what you get with this subscription, what it’s really about, who’s behind it, and more!
What Is D.R. Barton’s 10-Minute Millionaire Insider About?
The 10-Minute Millionaire Insider is a monthly newsletter subscription service by D.R. Barton that’s promoted by his book, The 10-Minute Millionaire.
It starts off with a sales pitch presentation, where he makes bold (and seemingly overstated) claims that you can make $1 million or more in “a shorter time than you ever thought possible” – even if you start with as little as $500.
So, it’s claiming to be a get-rich-quick strategy, stating that you could earn over a million dollars in as little as ten minutes a week.
The idea behind it is based on exponential growth – you reinvest any money you’ve made and (assuming it keeps doubling or tripling with each investment), you’ll start earning more and more money.
And as such, at the end of 11 weeks, you (theoretically) could have turned $500 into $1,000,000.
Of course, the issue is that this system is completely dependent upon making those kinds of gains multiple times in a row so that you still earn money even after counteracting any losses (or, I guess, just don’t have any losses).
The risky part is that it’s extremely unlikely that you’ll get a string of 11 double- or triple-digit gains in a row.
And Barton does attempt to address the issue, although in my opinion he sidesteps the heart of the problem.
He says that yes, it’s unlikely, and there are some losses and smaller gains in there, but he also offers more than just 11 opportunities to double your money.
But still, the whole point of the system is to try and get those long strings of really big gains. So, even though he says it’s unlikely, that’s still what this strategy is based on.
The system that he uses to make these potentially winning recommendations isn’t based on algorithms, it’s based on physics and science.
He gives an analogy: just like a slingshot can only be pulled so far back before it launches an object really far, so too can stocks only drop so far before shooting back up.
Whether that’s actually the case or not is up for debate – and there certainly are examples where stocks dropped significantly and didn’t just shoot back up a few days or weeks later.
Regardless, that’s the foundation for this whole strategy.
And he says he has a system that’s able to pinpoint the moment when the stocks are down as far as they can go and are supposedly about to shoot back up again.
That’s why he claims he can get long strings of double- and triple-digit gains, the ones necessary for making this strategy work out as planned.
And he says he covers all of that in detail in his book. In it, you’ll not only learn about slingshots, but also:
- The Blueprint for Spotting (and Profiting from) Market Extremes
- Millionaire’s Cheat Sheet
- The Anatomy of a Millionaire-Making Trade
- The Ultimate Tools of the Trade
And this book is just one of the free bonuses you’ll get when you subscribe to his newsletter, The 10-Minute Millionaire Insider.
How Does It Work?
With this newsletter subscription, you’ll get the following:
- The 10-Minute Millionaire Newsletter: monthly physical newsletter that gives you tips, insights, and more.
- The 10-Minute Millionaire Digital Boot Camp: a 5-part video series
- Three Guided Money-Doubling Opportunities
- Action Alerts: he gives you step-by-step instructions of how to make a play, if you choose to
- Paycheck Alerts: he sends you alerts on when/how to cash out
- 10-Minute Millionaire Income Ledger: a physical book where you can log your progress
- The Millionaire “Wealthcast” Video Series: weekly videos where he discusses current reports and answers common questions
- Weekly Webinars
- Members-only Website
You’ll also get three special reports:
- The 10-Minute Millionaire’s Passport to Wealth
- The 10-Minute Millionaire’s Guide to Money Management
- The 10-Minute Millionaire’s Ultimate Tax Secrets
Plus, he’ll even throw in a free hard copy of his book. This service costs $299 per year, but if you aren’t satisfied for any reason during the first 90 days, you’re able to cancel it and get a full refund.
The idea is that, with all of this information, you’ll be able to follow his system and earn money, ultimately becoming a millionaire.
Recommended: Go here to see my #1 rated stock advisory of 2022
Who Is D.R. Barton?
Experienced trader and former chemical engineer D.R. Barton has over 25 years of experience backing his investing career.
When he was a chemical engineer at DuPont, where he oversaw the construction of nuclear processing plants, he quickly learned the importance of risk management.
And though he was able to retire from that type of work at the young age of 38, the lessons he learned there carried on throughout his investing career.
His niche in the financial world seems to be in risk reduction. He’s authored multiple best-selling books, and has frequently been a guest on Fox Business, CNBC, and Bloomberg Radio, among others.
Now, he’s a “guru” for the independent financial publishing company Money Map Press, which is the company through which he publishes this newsletter. Read my full review about Money Map Press here to learn more.
Is the 10-Minute Millionaire Insider a Scam?
The short answer is no, it’s not a scam because you’re paying money for a real service that could theoretically hold valuable information. And Barton is an expert in the field who shares a lot of value with his subscribers.
So I don’t think it’s fair to call it a scam. But does that mean you should purchase a subscription? Well, I think this is something only you can decide based on your own research.
What are others saying?
Well as with most newsletter services, there’s a mix of positive and negative reviews. The most common complaint among those reviews is that people get “bombarded” with emails trying to upsell and lure you in to more expensive options.
In fact, some people claim that they get upsells in their inbox “every day.”
But upselling alone doesn’t make something a scam. It simply means that Barton is trying to sell you more stuff which, giving him the benefit of the doubt, could be worth buying.
What about his book?
The reviews for his book (which can be found on Amazon), The 10-Minute Millionaire, tell a similar tale. Some say it’s amazing and that they’ve made money, while others say it’s a scam and that it’s just a way to upsell you by getting you to purchase his newsletter.
Either way, I can’t seem to find anyone saying they’ve made $1 million in only a few short weeks. So it’s legit, but I personally wouldn’t buy it expecting to get rich quickly, and I’d take the sales pitch with a grain of salt.
It’s definitely possible to make big money in the stock market, but most successful investors didn’t become successful overnight. It takes years of learning and developing your skills to get to this point.
In the end, Barton’s newsletter is not a scam. There is the potential to earn real money through this service, because Barton is clearly someone who knows what he’s talking about and shares his knowledge with his readers.
I also like the fact that there’s a 90 day refund policy.
With that being said, I do believe the claims that anyone can get rich quick are a bit overstated. And I personally feel that the strategy this newsletter is based off of is flawed in some respects.
Why? Because to me, it seems risky to invest money in a strategy that requires such a string of high-return investments so as to produce exponential growth for multiple months – something that should seem counterintuitive to someone known for risk management, like Barton.
Ultimately though, whether or not you decide to go try it out is your own choice. Just make sure that you continue to educate yourself, rather than just following someone’s trade recommendations hoping to get rich.