Today I’m reviewing Paul Mampilly’s True Momentum, which he says is a trading strategy he has used to grow his portfolio by upwards of 305% in a single year.
And more importantly, one he says you can use to make big gains in the stock market, even during times of recession and economic uncertainty.
Sounds good, but is it legit?
True Momentum isn’t a scam, it’s a subscription service created by Paul Mampilly that gives you 24 opportunities to make over 300% gains in your stock market portfolio within 12 months. But it does cost $1,995 per year and as with any type of investing, there are risks involved.
Let’s take a closer look at what True Momentum is about, who Paul Mampilly is and whether or not it’s a legit way to make money in the stock market.
What’s True Momentum About?
True Momentum is a stock market trading strategy created by well known investor, Paul Mampilly. His strategy focusses on 24 stocks Paul has personally vetted, and that he believes can make you 300% or more gains within a 12 month period.
In the True Momentum video presentation, Paul gives numerous examples of stocks he picked that have given him huge gains over the years. Even during the 2008 financial crisis and even when some mainstream media and leading economists were warning people not to buy them.
All told, he says he used this strategy to grow his portfolio by 351% in 2008, 227% in 2011, and 305% in 2017.
One example he refers to a lot is Coeur Mining, Inc. which he bought for $1.80 in 2011, even when Wall Street analysts said it wasn’t worth buying. And it rallied massively before falling in recent years. And he provides dozens of examples like this within his video presentation.
He then talks about an energy company he has his eyes on which he says is near identical to the situation with Coeur Mining, the stock he made big profits on:
He doesn’t reveal what this company is, but says you can get all of the details inside his free report entitled “The Energy Company Fuelling a 700% Gain”.
This report is free, but there’s a catch.
In order to access the report, you need to purchase a subscription to “True Momentum” for $1,995 (normally $5,000). A membership to this service not only gives you the bonus report, but gives you access to his entire True Momentum strategy for making big gains in the stock market.
He says this strategy is so good that it’s like having an x-ray machine, capable of seeing through all the layers of skin and tissue, to get the real story of what is going to be happing with a given stock, in any market.
To me that sounds a little overstated, but Paul is a respected expert so his insights are undoubtedly worth paying attention to.
How Does It Work?
To get started with True Momentum, you first need to signup to the service through the Banyan Hill website, which is going to cost you $1,995 per year.
As a member, you will receive 1-2 trade recommendations per month from Paul Mampilly, that he believes can make you 300% plus gains. These are simple stock buying opportunities that do not involve options trading or shorting the market.
Here’s a breakdown of what you receive as a member..
Trade alerts: This is the core of the True Momentum membership, which is a monthly email newsletter outlining 1-2 stock opportunities that Paul says could make you 100% gains or higher within weeks. And eventually, overall, make you over 300% gains in 12 months.
Weekly updates: Each week members are emailed an update on what is happening in the market and where the model portfolio stands. This keeps you updated and lets you know if it’s time to sell anything.
Model portfolio: In addition to new stock opportunities, members get access to a model portfolio which shows you all of Paul’s stock picks that he believes are capable of making you triple digit gains.
Member website: In addition to the emails, members get access to a website which contains all of the past newsletters and basically everything you need to get started and use the True Momentum system.
Quick-start guide: If you’re new to investing in the stock market, this is a guide that is deigned to help you get started trading the market and learn how everything works.
Bonus report: This is where you learn about the company Paul believes is set to profit big in the months and years ahead. It’s a PDF entitled “The Energy Company Fuelling a 700% Gain” which members of True Momentum receive as a bonus.
Who Is Paul Mampilly?
Paul Mampilly is a stock investor and analyst who started out in the 90’s as a research assistant for the Deutsche Bank. He went on to work with some of the biggest hedge funds, foundations and companies on the planet. And earn millions of dollars in the process.
Safe to say, he has a track record of success.
He now works with a company called Banyan Hill Publishing. This is a well known financial publishing company which owns the Banyan Hill website, where Paul pitches his True Momentum strategy.
So, if you do end up buying a subscription, you’re actually buying from Banyan Hill. They process the orders and handle refunds etc. while guys like Paul Mampilly, Ian King, Jee Yastine, Ted Bauman and others share their knowledge through various newsletter subscriptions.
Paul is behind other investment services that are available through the Banyan Hill website too. Such as Profits Unlimited, Extreme Fortunes Summit, $10 Million Portfolio Summit and Rapid Profit Summit for example.
He also creates unique video presentations as a “hook” to sell these services. Such as his presentation about America 2.0 for example, where he talks about the Fourth Industrial Revolution and how, as a member of Profits Unlimited, you can see how he’s profiting from this mega trend.
Is True Momentum a Scam or Legit Strategy?
True Momentum isn’t a scam, it’s a legit subscription service created by Paul Mampilly that gives you 24 opportunities to make over 300% gains in your stock market portfolio within 12 months.
And as a member you get real value for the money you spend, like monthly newsletters, weekly updates, training and more.
The trading strategy itself is also legitimate, because it’s just investing in the stock market, which people do every minute of every day. In this case, you’re buying stocks based on Paul’s advice, in the hope of making large gains.
So I do believe it’s legit, but at $1,995 per year, it’s not cheap.
And just because something is legitimate, doesn’t mean you’re going to be making 300% gains. Because, as good as Paul Mampilly may be, nobody can predict the future with absolute certainty. So there are risks involved, as with any type of investing.
Most of the sales material focusses on how much money you can make, and how easy it can be, without really explaining the risks and potential downside.
As in, the core service is legitimate, as is the person behind it, but the marketing side of things is a little overhyped. Or at best, leaves the “bad bits” out.
The good news is that in this case, there is a “300% guarantee” in place, which gives you a full 365 days to use the service. And if their “track record doesn’t give you the chance at 300% total returns by the 365th day of your membership” then you get a second year for free.
I am a little skeptical of the wording on this guarantee though.
I could be wrong, but to me it sounds like this only applies if they don’t give you the trade recommendations, not if you don’t make money. So it might be worth enquiring about this with Banyan Hill before joining.
Overall I think True Momentum could be a great strategy for the right person. After all, Paul Mampilly is obviously a smart guy with an amazing track record of success.
So if you have a spare $2K and want to invest your money based on his recommendations, then this could be an exciting opportunity for you.
On the other hand, there are always risks involved when it comes to investing, and this is no different. So I personally wouldn’t sign up to this expecting to automatically make 300% gains doing nothing more than listening to Paul’s advice.
I think it’s always important to educate yourself, and be confident in the decisions you’re making, beyond what any one person tells you is or isn’t working.