Is “Retired Millionaire” a scam or not? Does it live up to the hype of the sales video, delivering big, easy money with a fully automated system? Sounds a bit too good to be true to me, so I looked into it and wrote a review.
Let’s take a look and see what I uncovered…
Forget the dodgy make money scams. Click below and copy how I do it…
Company Name: Retired Millionaire
Owners: Greg Larson
Price To Join: $47 + Upsells
My Rating: 0/10
~ The “Retired Millionaire” Review ~
Introduction
The very first thing I notice when I land on their website and watch the hyped-up sales video, is that the video is full of the same actors I’ve seen allegedly promoting other “make money online” products. I can tell this is a complete scam without even going further. The so-called people making money with this system are fake – they’re just paid actors. The same goes for the testimonials for Retired Millionaire – actors again singing its praises. I’ve also seen the $500 offered for allegedly just watching the video in other programs as well. Makes you wonder if these scams are all run by the same people.
If you want to see a familiar face from the video promoting another similar product, go check out my review of the “Quick Cash System”.
While in some ways these types of videos – showing exotic locations, mansions and super cars – are inspiring to watch, it’s just a shame that the bogus program will in no way make those dreams come true.
Except maybe for the person behind the scenes of Retired Millionaire. The very person raking in all the cash from this scam.
What Is The “Retired Millionaire”?
So what’s Retired Millionaire supposed to do? What’s it all about?
Although they don’t really tell you much in the sales video, other than how much money you’re going to be pulling in, my research tells me that Retired Millionaire simply funnels people into yet another binary options trading scam. I’ve reviewed a number of these shams already on this site, and retired millionaire is yet another reinvention of the options training automated robot software.
What will happen when you join up is you will be funnelled into another program where you will be asked to choose a broker from usually a choice of 3, then invest a minimum of $250 to get started trading on stocks, commodities and currencies.
In order to earn the proposed $70k in your first month of trading – as the video states – I think you would have to invest way more than the initial $250.
How Does It Work?
Once you choose a scammy broker from your choice of 3 – and remember, the brokers and those that run these programs are all in the scam together, making money whether you win or lose – you will be given access to their trading platform and robot software that will analyse trading data and place trades for you on your behalf.
You get to put all your trust in this robot software and hope like hell it knows what it’s doing.
The software is designed to be a push button system, where you let the bot take over, doing all the grunt work while you sit back on the beach sipping Pina Coladas and watch the money flood into your bank account.
If this trading software worked that beautifully, why would they bother telling anyone else about it? Why try and get your $47 to join, or your initial $250 investment?
Because it’s a scam, and that’s where these sharks make their money. They basically steal your $47 and your $250, and probably a hell of a lot more if you stick with their program and invest even more of your hard-earned cash.
Why It Won’t Work
For one, it’s just a scam. Secondly, no robot software is going to be able to predict and place winning trades more than 90% of the time. Markets are speculative at best, and a real live human is far more likely to be able to read what the market is going to do rather than automated software. But for a person to be able to intuitively predict a market turn, it takes a lot of experience. The robot has no experience in this area and never will.
Why? Because it can’t think for itself and it has no instincts!
Who Is The Target Audience?
These scams target people with the dream of an opulent lifestyle, luring them in with the promise of easy money for a low investment of money and time. It appeals to the “get rich quickly” mentality, of which there really is no such thing.
The Pros
- The sales video is mildly entertaining
The Cons
- The whole system is one big con
- The people in the video are paid actors
- Those offering up testimonials for Retired Millionaire are paid actors
- You will simply lose your money and be asked to invest even more
- No bot software can accurately predict the stock market
Tools and Training
According to the owners, the only tool you will need is their magical automated trading software that does all the work for you. No training required. You don’t need to know anything. The robot does it all for you.
How Much Does The “Retired Millionaire” Really Cost?
The sky is the limit here, but at a minimum you will be out around $300. But that figure will likely continue to increase over time with very little to no return on investment.
Is “Retired Millionaire” A Scam?
Absolutely this program, system, scheme is a scam. I’ve seen it numerous times before, just under different names. The only slightly good thing about some of these scams is they make entertaining videos to sit back and watch. That’s about it.
Schemes like this one are a lot like gambling, so you might have better luck with this lotto system.
Try A Genuine Online Business Instead
If you really want to make money online, from a business that’s very easy and cheap to start and will continue to make you a good income for many years to come, then follow in my footsteps and do what I do.
In fact, some people make 6 or 7 figures a year from this business. You can do it part-time or ultimately fulltime. It’s up to you. The best part is, over time the money becomes rather passive, as the work you’ve done in the past continues to earn for you.
If you would like to know more about what I do and how I learned to do it, simply click on the banner below for more information…
Darren Burton
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