Today I came across a man named Ted Bauman, who claims he can help you create “rogue freedom and bold prosperity” through his subscription service called The Bauman Letter.
Sounds good, but is it legit?
The Bauman Letter isn’t a scam.
It’s a monthly newsletter subscription created by Ted Bauman, that shows you how to create wealth through the stock market, as well as how to protect that wealth. Members also get access to bonuses such as Ted’s book “Endless Income”, weekly updates and trade alerts.
With that being said, there were some aspects I didn’t like. Stuff that, understandably, may lead some to believe it’s a scam.
In this review, I’ll show you exactly what I found.
The Bauman Letter Review
As I just mentioned, I don’t believe The Bauman Letter is a scam, but I don’t expect you to just take my word for it either. So I think it’s worth going into the reasons why I say this.
In this section, I’ll walk you through what I believe are the legitimate aspects of Ted’s subscription, and the not so legit aspects, so you can decide for yourself.
What makes it legitimate and worthwhile?
The main reason The Bauman Letter isn’t a scam is because when you purchase a subscription for $39, you are getting access to a real service. One that is provided by a real person who has extensive knowledge in the investment world, Ted Bauman.
As a member, you get 12 months worth of monthly newsletters that show you his strategies to create wealth in the stock market. As well as how he protects that wealth through a system he refers to as BOLD (more on this shortly).
Not only that, but members also get access to a slew of bonus content. Such as his ebook entitled “Endless Income: 50 Secrets to a Happier, Richer Life.” Along with other bonus reports and a free 3 month subscription to Jeff Yastine’s Total Wealth Insider.
So overall there’s a ton of great value here.
And to top it off, they have a refund policy in place, so that if you aren’t happy with the subscription you can get your money back.
What’s not so good about it?
If I was going to call any aspect of this a “scam”, it would mostly be in the way it’s marketed. It’s far from the worst I’ve seen, but as with most financial publications I’ve reviewed over the years, the sales presentation is a bit overhyped.
To me it seems like most of the sales copy focusses on how much money you can make, and how simple it’s going to be, without really mentioning the risks.
No matter how legit and successful the person is who’s giving you investment advice, there are (in some cases huge) risks involved. There’s simply no getting around this. And I feel this isn’t really made clear.
The other thing I didn’t like is how the order page is “less than obvious” about how your subscription automatically renews at $97. And one of the bonuses automatically charges you another $97 in 3 months time!
The final point I want to make is that if you do buy a subscription, you will be asked to buy more stuff down the road. Not just other Ted Bauman subscriptions, but subscriptions his colleagues have created.
I’m not saying there’s anything wrong with this.
But I do think it’s worth mentioning, because over time you could end up spending substantially more than you initially budgeted for. Especially when you combine this with the money you need to actually invest.
Who’s Behind The Bauman Letter?
The creator The Bauman Letter is a man named Ted Bauman. Ted is a renowned author and financial advisor, with decades of experience in the finance industry.
He’s also travelled all over the world, working for non-profit organisations as a fund manager and helping develop affordable housing projects in countries like Africa.
According to talkmarkets.com, this experience taught Ted the value of diversifying and spreading his wealth across multiple countries. Not just as a way to profit, but as a wealth protection strategy.
And since 2013, Ted has been working with a company called Banyan Hill, that publishes financial and investment related content. So if you end up buying one of Ted’s newsletters, you’ll actually be buying from Banyan Hill.
This is actually how I discovered The Bauman Letter.
I was on the Banyan Hill website and a popup took me to a page about the “2020 Collapse”. Which is a video presentation featuring Teds father, Bob Bauman, a former US Congressman.
Bob talked about the potential for an upcoming financial collapse and basically recommended The Bauman Letter as the solution.
In the next section, we’ll take a closer look at what The Bauman Letter is and how it works, so you know what to expect.
Recommended: Go here to see my #1 rated stock advisory of 2024
What Is The Bauman Letter and How Does It Work?
The Bauman Letter is a 12 month subscription service that shows you how to create wealth through the stock market. As well as how to protect the wealth you create through portfolio diversification, and by investing in other assets like government bonds.
Here’s an overview of what members get access to:
- 12 months of The Bauman Letter newsletters
- Weekly updates
- Trade alerts
- Access to the model portfolio
- A bunch of bonus content
The monthly newsletter is the bread and butter of the service. This is where Ted shares his tips on creating financial freedom through a system he refers to as BOLD, which is an acronym for the following:
…every position has a Big Vision, a business model that’s Open for Takeoff and recent developments that make it a Logical Move for investors today. To top it off, it should have a Distinct Catalyst that makes it stand out from its peers.
– banyanhill.com/the-bauman-letter-elite
The weekly updates are designed to keep you up to date on what is happening around the world, and what opportunities Ted is currently recommending based on this.
The trade alerts are emails that are sent to members, outlining what Ted recommends buying and/or selling on any given day.
The Bauman Letter Portfolio is a list of stocks that Ted is currently recommending to buy, so you can see all his stock picks in one place.
And finally, members get access to a bunch of cool bonuses like Ted’s book “Endless Income” and a 3 month subscription to Total Wealth Insider, among others.
How Much Does It Cost to Join?
The Bauman Letter costs $39 for the first year. However, as I explained earlier, this automatically renews at $97 each and ever year after this, until you cancel.
The other (somewhat hidden) cost is that after 3 months, the Total Wealth Insider bonus automatically renews at $97.
This is evident on the Banyan Hill order page:
So, unless you cancel before it automatically renews, this is going to end up costing you $194 per year all up.
I still think that’s pretty reasonable all things considered, but at the same time I do think they could make this more obvious to people. Because I think most people who signup probably think it’s only going to cost $39 per year. Which is obviously a lot less than what it’s really going to cost.
My Overall Opinion
Overall I think The Bauman Letter is a legitimate service, presented by someone who clearly knows what they’re talking about, and who has used his knowledge to create financial freedom.
So for a relatively modest fee, there’s a lot of value here.
Especially when you factor in some of the bonuses you get as a member. Not to mention, if Ted’s predictions are accurate and his strategies are sound, the membership could pay for itself many times over.
With that being said, there are risks involved.
No method of investing or trading the market is ever risk free. So you should always do your own research before deciding anything and only invest what you can afford to lose. Which I think goes without saying.
In any case, I don’t believe this is a scam and hopefully this review has given you some worthwhile insight, so that you can make a more informed choice about joining either way.
I didn’t see any mention of how Ted supposedly helps people save on taxes, or pay less in taxes. Does the newsletter contain the tax information? Do we get the tax reduction book, if we sign up for the newsletter?
Thanks