Wealth Wave is a product from Jim Hunt that he claims will allow users to make a substantial income by taking advantage of predicted huge movements in stock prices.
What does the product offer?
Wealth Wave is a training course that comes over several DVDs. The whole thing is claimed to be a revolutionary method of making money by trading stocks on the stock exchange. Wealth Wave is being marketed by VTA Publications who I am not familiar with however their copy is very much in line with publishers like Agora or Streetwise in so much as it does nothing to actually tell you about how the product actually works.
Instead you are treated to gross over simplifications of alleged patterns (something that I’m not convinced of) and charts that are definitely questionable (one shows the “pattern” in action with Jim Hunt simply drawing on a “curvy line”.
The fact is that the whole thing is being sold as being able to be used by anybody, regardless of skill level. As well as the DVDs users get access to online tuition and access to a number of websites that Jim Hunt say will help you. There is also full telephone support from his service team and email support directly from the creator.
How does the product work?
There is one simple and core idea behind Wealth Wave which is that every seven years, the economy will go belly up, stock prices will fall and the right people can make a lot of money from this. Whilst there is (as is often the case with products like Wealth Wave) a nugget of truth to this in so much as people have made money this way, I am not certain that the whole thing is as simple as claimed.
In terms of what you have to do, according to Jim Hunt, it is as simple as making two phone calls and becoming wealthy.
What is the initial investment?
Wealth Wave is being sold for a one time cost of £297 plus VAT meaning overall, almost £360. There is also no mention whatsoever about any form of money back guarantee which makes Wealth Wave particularly worrying for me.
What is the rate of return?
The main selling point for Wealth Wave is, rather oddly, that you can buy a Rolls Royce for £2,000. I won’t get too much into this because to do so would involve opening up on how bad the copy for Wealth Wave is The only real financial claim is that with £100 starting money you could make £1.63 million.
It is worth pointing out however that this is based on you investing everything from each profitable trade and 7 trades in a row working out for you.
Conclusion
Frankly I think that Wealth Wave is a load of rubbish. I have looked at other Jim Hunt stuff and I am weary of attaching too much to his name and this only highlights why. First of all, he has been predicting his crash since midway through 2015 and here we are almost a year later and of the main large indexes, only the Nikkei has had a dip that could be considered large. The fact is that I am doubtful of his “pattern” and I find it interesting that there isn’t more historical evidence to suggest that it is a pattern, unless it isn’t.
Personally I wouldn’t touch Wealth Wave and I wouldn’t recommend anybody else does either.
It’s okay. You don’t really seem to understand the products. The Life Products offered are awesome. Especially now that there are Living Benefits and Tax Free Retirement built into the products. It’s a small investment of $10₩ for the year to have an awesome website and back office , a new way of communicating products and services that give people lots if useful information and no fast talking sales pitch.
The success in this business comes from hard work. You don’t work, you don’t get paid and you muss out helping lots of people.
Wealth wave employee^^^