Is Lifetime Income Report a scam or great advice for investing? Can this monthly newsletter really lead you to a life of financial freedom? Or is it just sales talk to get you to pay for their products?
Let’s take a closer look and find out the truth…
Company Name: Lifetime Income Report
Owner: Zachery Scheidt
Price To Join: $99
My Rating: 4/10
~ Lifetime Income Report Reviews ~
Intro
On the internet there are loads of ways to make money; either a little extra cash, fulltime income, or even wealth in some cases. Investing in things like stocks is just one of them.
Unfortunately the internet is also home to many make money online (MMO) scams, so it’s always a good idea to do some research before jumping into anything. Likely you’ve heard about Lifetime Income Report somewhere in your travels, and it’s great to see you here reading my review, as it means you are far less likely to ever become the victim of an online scam.
On my website I let people know about any scams or worthless schemes I come across, as well as pointing out the good stuff that’s out there.
Let’s see how Lifetime Income Report measures up.
If you're over the scams and want something real, click below…
What Is Lifetime Income Report?
A man named Zachery Scheidt brings us the Lifetime Income Report, which is actually a monthly newsletter distributed by a company called “Agora Financial”.
I actually reviewed something similar just last week called “Seven Figure Formula”, also published by Agora Financial.
If you do some research on Agora you’ll find quite a few complaints about them and some rather deceptive business practises. They basically distribute newsletters for a whole bunch of “financial and investment gurus”.
Along with Seven Figure Formula, a couple of others I’ve reviewed, also brought to us by Agora, include:
As is common when it comes to promoting something that’s designed to help you make money, Lifetime Income Report comes loaded with sales hype. It’s essentially a monthly newsletter that provides subscribers with high yield investment advice, telling you what’s hot and what’s not, what to invest your money in and what to avoid.
You will learn how to collect income like the rich, reduce your tax liability, and choose the best investments for maximum profits.
Basically this is just an information product that you pay a yearly subscription to receive. Now there’s nothing wrong with that if they give good advice, but this company does over-hype their products and advice, quoting ridiculous income figures. Plus, you never know if there is an ulterior motive behind the advice they give.
Does Agora and the people running the company stand to profit in some way if you buy into the investments they recommend?
Copy how I make $1000s a month online in passive income!
The Big Book of Income
Before you buy into the newsletter proper, Agora use a free product known as the “Big Book of Income” to pre-sell you on Lifetime Income Report and the many other products the company has to sell you.
What is the Big Book of Income?
Well, it’s said to contain “47 secrets” that the wealthy people of the world use to increase their opulence. And it all works on autopilot. You get this book for free, so they basically are sharing these so-called secrets with everyone for nothing.
Of course, this is nothing but sales hype. All the information in the book is freely available and common knowledge, really.
Here’s a snippet of what’s inside:
- Earn backdoor rental income
- Earn a 7% dividend on gold
- How to earn 12 times more interest on your savings account
- Get more from Social Security
Agora make a big deal about some Social Security loophole they’ve discovered and devote a fair amount of the book to explaining it.
While the book does contain some interesting info, it’s nothing ground-breaking or necessarily life-changing.
It also comes with a catch…
The Book is NOT Totally FREE!
While the book is technically free, it’s a hardcopy book and you are required to pay the postage, which is $4.95 for people living within the USA. You can download the digital version, but only if you agree to receive the hardcopy as well and pay the fee.
Why do they care so much about this $4.95 shipping and handling fee?
Because they get your credit card details on file, and that’s the end goal here.
You see, once you order the book and pay the postage with your credit card, they’ll automatically sign you up for the Lifetime Income Report and start billing you for it after a month if you don’t cancel the pending subscription.
It’s all a bit of a backdoor way of getting you to buy in without technically asking you to.
It’s not totally honest, but a clever way of getting people to purchase their products.
Limited Copies Available
Not true.
This tactic of scarcity is so common these days that I just ignore it. Scams, dodgy deals and legit opportunities alike use the scarcity ploy in one form or another to get people to hurry up and take action.
In the case of the Big Book of Income they claim there are only 450 copies available, so get in quick before you miss out.
Ignore this. There are no limited copies. They use this book to get people to pay for a subscription to Lifetime Income Report and other products, so they’re hardly going to limit the opportunities to lure in more people and make more money.
What Does the Lifetime Income Report Include?
You pay for a one year subscription, which includes the following:
- 12 monthly income report newsletters
- Tips to reduce your taxes
- Email updates about the market and investment opportunities
- Market forecast
- Access to the support team
- And more…
Target Audience
I believe this is targeting people looking to get into some sort of investing, people who already have some cash behind them. Obviously someone with little to no money isn’t going to have a bunch of spare cash to invest in the stock market, gold, Forex or anything else. I think it really targets new investors, but may attract people looking to learn more and diversify their investment portfolio.
What I Like
- The newsletter and associated offers will provide some useful information
- You get a “free” book with secret wealth tips
What I Don’t Like and Red Flags
- The free book requires you pay postage and surrender your credit card details
- Bait and switch tactics are used with the free book offer
- You have 30 days to cancel your automatic subscription to Lifetime Income Report when you agree to receiving the free book
- There are many complaints about Agora Financial
- There are also lots of complaints and poor ratings for the usefulness of the Lifetime Income Report
- There are claims that customer support is non-existent
How Much Does Lifetime Income Report Cost?
The Big Book of Income is free, except for the $4.95 postage and handling fee.
Lifetime Income Report costs $99 for a one year subscription.
None of this is too expensive, and will be money well spend if the information you receive leads to profits.
Is Lifetime Income Report a Scam?
I don’t see this as a scam, nor do I believe Agora Financial is a scam, despite its negative press.
The real problem lies in the fact that all the information you receive is mere speculation. Nothing is a guaranteed, so even if they claim they have uncovered a hot investment opportunity, it doesn’t mean it’ll pay off.
If you subscribe and come across some information that does interest you, research it further through a number of different sources to see if the opportunity does indeed look like a good one. Don’t just take the word of Lifetime Income Report.
You just never know if they’ve got some ulterior motives going on behind the scenes. I’m not saying they have, but anything is possible.
Just do some research on insider trading.
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It’s definitely possible to make money trading the markets, but it’s not for everyone, and you generally need a decent bankroll to begin with.
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Darren Burton
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