Real Subscribers Review of Tom Luongo’s Ultimate Wealth Report
Fast Facts — Ultimate Wealth Report
Ultimate Wealth Report is a stock investment newsletter written by Tom Luongo. The newsletter includes monthly issues, an investment portfolio, lots of introductory special reports, and a free book.
- Tom Luongo — former research chemist turned “expert in investments and trading”
- $4.95 introductory offer (with a 120-day money-back guarantee) — $109 after trial offer
- Use the order link here
If you like libertarian politics, plus lots of marketing emails from Newsmax, then you’ll love Ultimate Wealth Report. If you don’t like doom and gloom, or investments in precious metals, then you probably won’t like Ultimate Wealth Report.
Pros of Ultimate Wealth Report
- Good sales promo featuring a free book (The War on Cash by David McRee, plus six special reports) for the $4.95 to cover shipping and handling
- Features cautious doomsday financial advice in case the worst happens
- Hmm, I can’t think of anything else!
Cons of Ultimate Wealth Report
- Doom and gloom philosophy mean investors probably cannot prepare quickly enough
- Not sure what Tom Luongo has experience or expertise to run a financial newsletter
- Newsmax sends endless marketing emails after sign up
- Portfolio has no coherent investing philosophy
What You Get for $4.95 (until it goes up to $109)
- 120-day trial membership to Ultimate Wealth Report, and a bunch of intro freebies
- FREE Book — The War on Cash by David McRee
- BONUS Resource #1 — The New World Order Starts in 2021
- BONUS Resource #2 — Slash Your Taxes
- BONUS Resource #3 — The “Silver Bullet” for Your Investment Portfolio
- BONUS Resource #4 — The Plan to Abolish Cash
- BONUS Resource #5 — Gun Grabs Seen as Excuse to Violate 2nd Amendment
- BONUS Resource #6 — Top Stocks for a Cashless Society
- Website access to a library of back issues, reports, updates, and portfolio
Who is Tom Luongo?
Tom Luongo is a former research chemist whose personal passions led him to study economics and become an expert in investments and trading.
He specializes in geopolitics, gold and commodities, and Southeast Asian markets, and explores the marginal changes happening today to make bold, long-term predictions about markets and society. He lives with his wife and daughter in North Florida on his hobby farm, which serves as a constant reminder of how real wealth is created.
Here’s what Luongo says about himself:
I am a former research chemist by trade and an Austrian Economist by study and a market analyst by choice. For the past four years, I have been a Senior Financial Editor with Newsmax Media publishing my thoughts on where markets, central banks, gold, and geopolitics meet and explode. I am now the publisher of Gold, Goats n’ Guns, a monthly newsletter offered through Patreon. I have been an investor and market analyst for more than seventeen years and am an astute observer in changes within the culture and the political landscape.
Real Subscriber Review
As a paid subscriber, here is my evaluation of Ultimate Wealth Report.
Why subscribe to Ultimate Wealth Report?
Bonus gifts?! I’m not sure I can think of any other reasons.
The Ultimate Wealth Report is possibly one of the worst stock newsletters I have reviewed. I’m not sure why Tom Luongo’s financial analysis is any better or worse than any other person whose “personal passions” make him an “expert in investments and trading.”
The Ultimate Wealth Report portfolio appears to be a random selection of stocks chosen for no apparent reason.
Precious metals are a favorite commodities option for Luongo. The libertarian political slant of the newsletter will annoy many readers. The website is a disorganized mess. Newsmax pelts readers with incessant email offers.
When there are so many great investment newsletters out there, why would you waste $109/year on this one?
What is the investment strategy of Ultimate Wealth Report?
Doom and gloom! Ultimate Wealth Report sells financial panic. It is worst-case-scenario investing. Luongo believes we are headed for a massive financial bust — and maybe he’s correct. However, IF he is right, I’m not sure following his advice will matter.
Here’s what Luongo says about his investing philosophy:
Ultimate Wealth Report is my monthly newsletter that serves as your monthly road map not only to wealth, but also to alternative, practical ways of living outside of Uncle Sam’s reach. I share little-known strategies for protecting your privacy, slashing your taxes, and even living “off the grid.” These investment plays may be a bit “renegade” in nature — they’re not part of the typical investing “advice” you hear from “experts” and cable TV pundits — but they can greatly improve your financial prospects in an uncertain economic climate and generate loads of cash.
Ultimate Wealth Report seems straightforward enough— give investors the means to protect and grow wealth, no matter what happens in the financial markets. Investments include the safe assets (like gold and precious metals), plus other commodities, like energy, as well as companies across the investing spectrum that can thrive during times of market chaos.
Each issue of the newsletter refers to Luongo’s two portfolios — the Commodity Portfolio is a selection of powerful companies, large and small, in metals, energy, and mining, among other hard asset classes. The Common Stock Portfolio features companies positioned for growth in a turbulent global landscape.
Is doom and gloom working for Ultimate Wealth Report? Maybe not. The newsletter editors have changed substantially over the last 5 years.
Of course, turnover happens in every industry, but Google Ultimate Wealth Report and you’ll discover that the newsletter apparently lost it’s two previous editors (Sean Hyman and Andrew C. Carpenter) for poor market performance.
I see no reason things will improve with Tom Luongo.
How is the Ultimate Wealth Report stock portfolio performing?
Ironically, for a doom and gloom investment newsletter, the two portfolios seem to be doing well. Let’s start with the Common Stock Portfolio. This portfolio is currently holding 10 companies.
You will need to subscribe to the newsletter to see the portfolio, but it includes companies in the following sectors — health/pharmaceuticals, robotics, plastics/chemicals, consumer goods, entertainment, electronics, and jellies (yes, you read it right, like jams and jellies)!
Surprisingly, the Common Stock Portfolio is performing well. All 10 of the companies has positive returns ranging from +1.36% to +75.13%. The average return is +24.76% — not bad for an apocalypse portfolio.
The Commodity Portfolio is doing even better. 13 of 15 stocks are positive (the best performer is up +197.51%, the worst performer is still up +11.18%. 2 companies are currently negative at -7.75% and -10.01%.
Several of the companies are gold or precious metals, and a few are large energy or mining companies.
I started this review by researching the newsletter, and the writing was so poor I did not expect much from the portfolio. I was pleasantly surprised to find some decent (and unheard of) companies.
I still wouldn’t endorse this newsletter, but Tom Luongo deserves credit for making some decent recommendations.
Is Ultimate Wealth Report worth the $4.95 (I mean $109) subscription fee?
No! Reading the newsletter is boring, uninteresting, uninformative, and depressing. Investing should be interesting, stimulating, and occasionally fun! If you’re going to invest time reading an investment newsletter, it should at least be worth the effort — and this one isn’t!
There are vastly better investment newsletters out there. $4.95 is obviously a bargain to get started, but the price goes up substantially during the 5th month, and the articles, subject matter, portfolio, and investment strategy are disappointing.
Save your money and pick one of the other excellent newsletters I’ve reviewed.
Final Grade — C-
I would have graded this a D+, but I did get a free book for the trial offer. As I said in the headline above You Could Spend $109, But Why Would You? Save your time, money, and energy for better reading elsewhere.