If you are researching and asking yourself is Money Map Report a scam, you’re in the right place.
Investments can be a great source of income and could potentially lead you to financial ruin if you are not paying attention. It’s a high-risk market that isn’t for the faint of heart, however, if you have some advice then, well maybe it could be worth it.
Investing can be a sure-fire way to turn a small nest egg into a fortune if you play your market cards right. The problem is not knowing what market or company you should invest in for your financial gain.
Everyone has different opinions on what you should invest in, but they are not professionals.
They more than likely are family members or friends in the field and do you want to take advice from people closest in your life regarding investments in the market where you potentially could lose a lot of money and therefore jeopardize a relationship?
Of course not, you would want someone or something that has been around the block for some time and has a reputable reputation for giving solid market advice.
Enter Money Map Report, a subscription-based newsletter that advises newbies and experienced investors on what markets to invest in, what to avoid, potential pitfalls, current trends and other valuable financial advice.
So why are we trying to figure out if it’s a scam?
They use some very questionable marketing tactics to get people to sign up to their newsletter. Due to this, it has called into question if the service offered here is legitimate or just the same old marketing techniques to get you to part with your money, ergo, our review.
Money Map Report Review Summary
Money Map Report is a successful, financial newsletter provided by Money Map Press, which works under a parent company called Agora Financial.
Agora Financial owns and runs a bunch of other financial investment newsletters as well. And quite happy to say, they are a legitimate business working from Baltimore.
The Money Map Press gets led by Mike Ward while Money Map Report gets handled by investment guru Keith Fitzgerald. Keith Fitzgerald is a guy who knows the market.
He has been doing this for years and predicted successfully about the 2008 financial crisis.
During that time, he assisted various business throughout the storm of investments that were failing and saved many business owners from losing too much money that may have seen them go out of business.
For $299 which can be considered expensive, you will receive a newsletter which is jam-packed with investment advice from Keith himself, educating new investors along the way and allowing people to make some money off the markets.
He offers a 30-day money-back guarantee as well however there have been some complaints on that front. More on that later.
He identifies trends in the markets, and if something feels right, he will send out a newsletter. If something feels suddenly wrong with a potential investment, he sends an alert out to his members for them to potentially jump ship and save some cash.
This newsletter isn’t for everyone. Anything to do with investments is going to be tricky and risky, and sometimes even professionals are going to be wrong about something.
Money Map Report is not a scam, the way they market the newsletter is rather scammy though so it makes sense why people would be questioning the legitimacy of this service.
What is Money Map Report?
Money Map Report is a financial newsletter run by Keith Fitzgerald.
It gives investment advice to newbies who are just getting into the trade, assisting people who want to make some extra money and advising expert investors on what is happening with trends in the market.
The owner is a legitimate business entity called Algora Financial which also happens to own a variety of other successful financial outlets.
They cover a range of markets, topics and trends, including, demographics, medicine, technology, energy, conflict and various others. It is a detailed report of what could be potentially good investments for the future or if it is time for an exit strategy.
With a team of professionals behind Keith Fitzgerald, they analyze the numbers within the markets and give out investment advice based on this and financial trends.
How does Money Map Report Work?
It’s pretty simple stuff, to be honest. You pay $299 for this newsletter, and you will receive constant updates about trends and shifts that are happening in the market.
You will also receive articles and guides on how to better your financial situation and what to look for in the markets so that you can establish more of a firm understanding also explaining why he makes specific recommendations.
As a member or subscriber of this newsletter, you receive weekly updates about trends and in-depth analysis of the markets.
Urgent alerts will get sent out if Keith Fitzgerald recommends pulling out of something that doesn’t seem safe but obviously how quick you respond to those types of scenarios depend on how often you are checking your emails.
We recommend that you set up notifications for when he sends things through just in case.
Lastly being a member grants you exclusive access to Money Map Report site where you interact with other subscribers and contribute to the ongoing discussion regarding investments and market analysis.
Also on the site, you will have access to various other reports which include in-depth market intelligence, and audio and video tutorials.
- Solid Investment Advice
- In-depth market analysis
- Allows those with limited or no understanding of how markets work to get involved
- Keith Fitzgerald is a publicly known market and investment professional
- Money Map Report has been a feature in Forbes and other reputable magazines and financial institutes
- Algora Finance is a legitimate business with multiple financial holdings
- $299 is a little high-cost unless you have an extra $1,000 lying around
- Questionable marketing tactics which appear scammy
- There have been complaints that the 30-day money-back guarantee does not at times get honoured
- Can still be risky as nothing is foolproof when playing the market
- A few complaints regarding spammy emails sent to members once they have signed up
- No way to know if this newsletter is a way to manipulate the market for personal gain
- No transparency on potential loses by members or Keith himself
Is Money Map Report a Scam?
There is no concrete evidence that suggests Money Map Report is a scam. Which, is honestly, nice to type out for you.
Their marketing tactics are questionable for sure as they do give off an impression of a scam waiting to happen, and that leads to the integrity of the newsletter subscription receiving many questions.
There also have been comments here and there that they don’t honour the 30-day money-back guarantee, however, it does appear rare which leads one to believe that there may be more context to the complaints that are needed.
One of the three other things that have remained in question is the number of spammy emails that get sent to members. Their marketing team may be in dire need of getting jacked up, or everything is automated, and it is cycling through its backlogs.
There is no way to be sure of this, but it is something to be concerned about, not only because receiving twenty emails a day can be annoying, but also you might get so sick of receiving the emails, you might stop checking.
The universe loves irony, so the one time that you do that, it will end up being an urgent notification telling you when to back out of something, so it is a double-edged sword there.
The second thing in question is the lack of transparency about any losses that may have occurred using their advice. It isn’t an uncommon practise because realistically what business is going to advertise their failures.
At the same time, when it comes to investments and playing the markets, it would be equally important to know what the successful track record has been for the last three years at least and unfortunately, that information has not gotten found.
Thirdly, and this might be paranoia, but a real possibility is that you have no idea if the advice that gets given weekly and monthly might be a ploy to screw with the market and make a select few that much wealthier.
It does sound a little crazy, but this the year 2020 when the world went into lockdown.
Anything is possible at this point, and it would be arrogant not to recognize that.
Money Map Report is not a scam in any shape or form, but it does present a risk. When investing in anything, there will always be risk involved, especially when it comes to international markets.
Recommending this is a fifty-fifty type deal. Some might benefit from this depending on what you are looking to achieve. If you are passionate about the stock markets, trades and in-depth analysis on macro-sectors of the market, then you would probably benefit from this.
You have to keep in mind that the advice you will be receiving isn’t from some guy who claims to know the market and shows big fat bank accounts, it is from a respectable man, who has a proven track record of success.
Noting, again, how he successfully predicted the financial crisis of 2008. He made guest appearances on Bloomberg and Fox news at one point if that does anything for you.
The things that you could potentially learn from Keith Fitzgerald might be invaluable in the future.
Despite the scammy marketing tactics to get people to sign up, the aforementioned spammy emails and the lack of transparency, the benefit of the doubt gets given to the subscription-based newsletter in this case.
There is a face behind Money Map Report, and its owner is a legitimate and respectable company in the financial world.
Even if this review hasn’t worked for you be sure to do your research into this company, brand and people supporting it. Rather have a consensus than just relying on the opinion of one site.
If after reading this you are still not entirely sure about these markets or investments, then perhaps this isn’t for you which is also okay. There are other ways that you can make money online.
The most popular, and much less risky option, being affiliate marketing. The overhead costs are much lower, you can promote and sell other companies products, and you’ll get a commission. It is much more comfortable and potentially, a more reliable option.
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