Technology Profits Confidential Review – Is It a Scam?
WFHR EditorLast updated: September 10, 2023
A company named Agora Financial recently launched a website called Technology Profits Confidential (technology-profits-confidential.com). It claims it can bring you a flood of cash from an undiscovered device which can be a game changer.
Can you make money with Technology Profits Confidential or is it a scam? In this review, we will explore the website and share the things you need to know.
Doing some first-hand research always pays since it can help you find legitimate products. It can also help you stay away from scams which can save you hundreds of dollars.
Technology Profits Confidential Review
It’s a newsletter written by an author named Ray Blanco. Before joining hands with Agora Financial, he allegedly managed large assets at a private wealth management firm. He’s supposedly an expert at technology management, and you can bank on the latest trend that he has spotted.
The newsletter gives education on how you can make money trading penny stocks. In a nutshell, you will be buying the stock at a lower price and then flipping them for a quick profit once the price grows.
Agora has gained quite some fame for the wrong reasons. They are known to launch hyped-up products that don’t do very well, at least not most of them—the big book of income and Insurance Return Checks to name a few.
These websites share similar characteristics with Technology Profits Confidential, and the sales pitch is nearly identical as well. So, is it legitimate or a scam? Keep reading to discover how it works.
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Who Is Ray Blanco?
Ray is the main editor over at Technology Profits Confidential. He also runs several other newsletters, Infinite Income being one of them which has been reviewed on this site as well.
He has been with 7-figure publishing for nearly a decade and has had a lot of experience in financial markets. He is known for producing great results from time to time with his advice.
Apart from his publications, he’s also the CTO of the parent company, Agora Financial.
The Product
Upon successful subscription, you will get access to a course that can help you flip penny stocks for a quick profit. Once paid for a yearly plan, you will receive the following:
- Technology Profits Confidential newsletter publications on the month’s first day – contain various company reviews and reasons as to why you should invest in them. Also contained is a rough investment price if you make up your mind.
- Weekly portfolio updates – live alerts and updates on your closed/open buy & sell orders.
- Technical analysis reports – for investing in drone logistics which is likely to disrupt the shipping industry moving forward. You will learn more about them and be offered advice.
- Reports on wireless charging – major tech companies are considering this, and for a good reason. They aim to keep you updated, so you get along well with the changing times.
- Daily subscription to 5-minute forecast.
You will also receive new trade recommendations, regular market analysis, and changes/updates to the existing holdings. After paying between $50 – $199 for the annual plan, you can invest in stocks that Agora Financial recommends.
The problem here is – the market listens to no one, and no one owns a crystal ball.
No one can guarantee what the market’s next move will be. Even the best traders out there can only predict and have an acceptable success rate. The risk is on you, and there’s absolutely no guarantee you’ll even recoup the investment in the newsletter.
How does It work?
You’re not alone if you feel skeptical. The website makes a mockery of a news website which is very deceiving as you can see in the following image:
It’s a far cry from being a news website. It sports a single page that is hosted on the company’s private servers. The lone goal of this website is to sell you a very apparent newsletter subscription.
Try clicking on any of the links on this page; they will all redirect you to the current URL you’re browsing. The information this web page contains is decent, but the marketing tactics used for promos are slightly unethical.
If the newsletter was that good and making money with it was a breeze, why is it not selling like hotcakes? That should tell you something! Nothing against the newsletter service, it should be good, but it’s not for everyone for sure. If you’re a finance enthusiast, it may serve you well, else not.
It’s promoted as a get-rich-quick scheme which we believe is unfair and not the right thing to do. If you get lucky and make a few bucks, that’s one thing, but if you lose it all in one go, that’s one step closer to going broke.
With most investment schemes, you often need a large capital, to begin with. Only then you’d either make it big and make a fortune or lose a fortune. If you don’t have a good starting budget, these investment newsletters won’t do you any justice. It’s anything but a secret road to instant riches.
It doesn’t help that we couldn’t find any evidence of Ray’s actual success stories from the past except for the claims Agora makes. The bunch of reasons we shared explains why the investment program doesn’t have the best reviews @PissedConsumer.
Things We Liked
- If you’re willing to invest in stocks or just want to learn more about them, this could be a good starting point. Basic knowledge of stocks can also help build your investing foundation.
- There are no delays in the newsletter service. You will receive your copy via email promptly – on the first day of each month.
- It’s priced between $50 – $199 for the annual subscription. If you look around and check out multiple links for the product, you can get the product at a great price. There’s also a 90-day money-back guarantee to request a refund if you think the product is not a good fit.
- If you’re interested in testing the waters, huge capital isn’t required. You can invest as little as $50 in stocks but be prepared for what follows. Penny stocks are risky investments.
Things We Didn’t Like
Most Technology Profits Confidential reviews don’t mention the cons, but this one will:
- Too many complaints – disappointed customers far outnumber the satisfied ones. There’s a fair chance the product didn’t work out too well for most of the newsletter members, or worse, they took a major loss with the recommendations.
- Even though the product isn’t ridiculously overpriced, it can even result in massive losses. Just because a newsletter recommends a stock doesn’t mean the stock will skyrocket in price. It’s best to do your own research and only invest what you can afford to lose.
- Agora Financial has multiple authors, and they have their own product line. Technology Profits Confidential is one of them, and because of its nature, it’s not BBB credited. The parent company has reviews on BBB but has no accreditation.
- Penny stocks are very risky, and they can go to zero at times. If that happens, your investment will totally sink and will be rendered useless. This is one reason why some think you should rather stay away from the Technology Profits Confidential scam even though it isn’t one.
- One of the sales pages used for promoting the newsletter service uses false promo methods including a fake countdown timer. It goes to zero; you can have it back; just refresh the page.
See Related: Things You Should Know About Legal Shield – Is It A Scam?
Is Technology Profits Confidential a Scam?
That brings us to the conclusion of this Technology Profits Confidential review.
The product is based on false hype, but you do get access to Agora Financial’s monthly newsletter should you decide to sign up. It’s far from being considered a scam; it’s totally legitimate but not something we would recommend to our readers.
Agora Financial doesn’t have a great rating on Better Business Bureau either.
Simply put, you’re paying for something, and you’re receiving a product in return. The website(s) selling the newsletter try to sell you the dream, and you’ll have anything but the correct expectations. You won’t get any secret to the riches; it’s merely a trading newsletter.
With investment schemes, there often is a huge risk associated with your trades. If you’re hoping for a $1,000 profit with your trading, you should be ready to take a $1,000 loss too. It’s always suggested to put in what you can afford to lose and play on the safer side.
This is to minimize your losses and improve your odds of success. Add to the fact market listens to no one, we can all predict, but no one can guarantee results of any kind. If you like to play it safe, this newsletter won’t do you any good.
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That being said, trading is not for beginners. You shouldn’t be trying your luck with trading unless you walk the walk. It can get very expensive really fast if you don’t know what you’re doing and that’s the last thing you’ll want.
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