Planet Wealth Scam

Planet Wealth is an independent investment company that is run by a group of private investors who have a long history of experience and success with stock market investing. Many people are under the impression that most investment services like planet wealth are a scam, so I decided to do some homework on planet wealth to find out whether or not they were in fact a scam or actually offered a reliable investment service. Over the past year, I have researched the planet wealth trades and results, and 3 months ago I joined the "Renting Australian Shares" subscription service which has enabled me to gain a good overall picture of how planet wealth operates.

How Does The Planet Wealth Service Work

The planet wealth professional traders use six stock market strategies for investing. Planet wealth traders actually invest their own money and trade in all of these six strategies, which I believe really says something for the honesty of any investment company... any company who does not actually invest their own money in the strategies they are providing to members is more than likely a scam in my opinion, planet wealth walk the walk so to speak.

When you join one or more of these six strategies, every time planet wealth traders identify and place a trade on their own account, you will be sent these trade details by SMS and Email immediately. It is then your choice to place the same trade using your stock broker. If you do not have your own broker, planet wealth will provide you with a list of their recommended brokers, which I would strongly suggest doing, as these brokers know the exact trade that planet wealth have just placed, and you can basically tell them to copy the same trade.

Alternatively, you can use a free service provided by planet wealth called Auto-Trader. This service is a great option for people who wish to have their stock portfolios placed on virtual auto-pilot. The way it works is this... When you join up with the planet wealth stockbroker who runs the auto-trader service, simply let the stockbroker know that you would like to use the auto-trader service with your account. When planet wealth traders place a trade on their own account, this trade will automatically be placed on your account at the same time. This effectively means that you are placing the same trades as some of the most experienced traders in the world without actually having to lift a finger... sound too good to be true? I can guarantee from experience that this is no scam, this service is 100% free with your subscription to any of the six strategies. Each strategy will only cost you $99US per month, and you can join one or more strategies.

The Planet Wealth Strategies

Renting Australian Shares Strategy - Focuses on creating a consistent monthly income by renting out the shares we own on a monthly basis, while having our capital insured at around 80%.

Renting US Stocks Strategy - Basically the same as the Australian strategy, but requires a smaller amount of capital, due to the minimum amount of stocks required to purchase... 100 stocks in the US, compared to 1000 shares in Australia.

Share Purchase Plan Strategy - This is a strategy not widely known, or used by the majority of investors. This strategy can produce some very profitable results and is designed to make regular income, with very limited risk using a small amount of capital.

Protected Equity Strategy - With this strategy our risk is "fixed" with every trade while the profit potential is unlimited. The beauty of this strategy is that we use the leverage of 100% finance to buy our stocks. All stocks are then insured which guarantees we cannot lose money from a share price drop.

Options Spread Strategy - This strategy has a fixed risk & fixed return for every trade. The minimum target 'Return on Risk' is 40% per trade, and it is common to see returns for successful trades in the 60-90% range.

US Option Trading Strategy - This strategy has a reasonably high risk factor, but can produce some massive profits. Only a small bank is required which makes this strategy a great diversifier for your portfolio.

After being a member of planet wealth for a number of months, and analysing their trades and results for the past 12 months, I can genuinely say that I do not believe planet wealth is a scam of any kind. I have always received fast replies to any questions I have asked, and they seem like a company who stand behind their product. My personal results have made me truly excited about my future in stock market investing, as I now use the same trades the professionals are placing, and I no longer have to leave my investing choices up to pure chance, luck or hope.

If you use the auto-trader service with any strategy for 12 months and fail to make more profit than you have paid in subscription fees, planet wealth will refund 100% of your subscription fees without question. This in itself proves very well that that Planet Wealth is not a scam.