Power Gauge Report is an investment newsletter that claims to help you generate passive income. The question is, is the founder Marc Chaikin telling the truth, or is this one big scam?
I understand there are so many scammers in the investment field. And you may hesitate to subscribe to his investment newsletter.
Having tried out different investment strategies, I can recommend an investment newsletter based on my experience.
At the end of this article, I’ll also tell you a much better alternative that can help you generate passive income with almost zero risk.
Table of Contents
- Who is Marc Chaikin?
- What Is Power Gauge Report?
- What Does Power Gauge Report Offer?
- Power Gauge Report Pricing
- Is There A Refund Policy?
- Who Is Power Gauge Report Not For?
- Who Is Power Gauge Report For?
- Power Gauge Report Pros
- Power Gauge Report Cons
- Is Power Gauge Report A Scam?
- Is There an Easier and Better Alternative to Make Passive Income?
- Where to Join Wealthy Affiliate?
Who is Marc Chaikin?
Marc Chaikin is the founder of Power Gauge Report. He is the CEO of Chaikin Analytics, LLC, as well as an equity analyst. He also founded Bomar Securities LP, which was acquired by Instinet Corp. in 1992. He later became senior vice president and director at Instinet, which was owned by Reuters.com.
Marc Chaikin began his career as a stockbroker in 1965, becoming head of the options department at Tucker Anthony & R. L. Day in the 1970s. After working there, Chaikin acquired a seat on the New York Stock Exchange, where he traded futures contracts. Chaikin began developing his own stock market indicators in 1980 and joined Drexel Burnham Lambert in 1982.
That same year, he began hosting a regular segment on the Financial News Network, the precursor to CNBC. He used computers to refine and execute his trading strategies based on unique economic indicators and computer algorithms. He later founded Bomar Securities LP, which was acquired by Instinet in 1992. After the sale, he was promoted to senior vice president of Instinet’s brokerage firm.
Chaikin founded Chaikin Stock Research in the late 2000s to provide professional stock tools to retail investors. As founder and CEO of the company, he appeared on several national news networks, including CNBC and Fox Business.
In 2011 and 2012, he attracted media attention for his optimistic outlook for the Dow Jones Industrial Average and the stock market in general.
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What Is Power Gauge Report?
Power Gauge Report is an investment newsletter. An investing newsletter is a collection of stock picks, market analysis, and other investment advice. These newsletters are typically delivered via a subscription model, in which you pay a set amount per month or year to receive the newsletter.
Marc Chaikin claims that his strategy offers subscribers the opportunity to capture huge long-term gains by buying stocks while they’re still cheap.
In his latest presentation, he highlights a particularly promising opportunity that offers members an opportunity to play for growth on the ground floor.
What Does Power Gauge Report Offer?
Power Gauge Report is a typical investment service and offers what every other investment newsletter does.
The following is a breakdown of everything you get:
1. The Power Gauge Report (Newsletter & Picks)
Marc Chaikin sends out a new briefing every 30 days with his top picks of large or mid-cap stocks and an updated model portfolio of the top 5 stocks to buy. The material is written in a way that makes it easy to understand and implement the advice even for people who have no experience in trading or investing.
2. The Power Gauge Report Investing Portfolio
Power Gauge Report also includes this component. You can access all of Marc Chaikin’s stock picks once you sign up. These stock picks provide you with all the information you need about the companies.
This includes the price, company overview, stock performance, buy prices, and more. When you buy, you’ll receive a few dozen recommendations.
3. Weekly Updates
With Power Gauge Report, you will receive weekly portfolio updates.
In these updates, you will find instructions on how to handle your stocks. You can make a purchase, sell a product, or just hold on to it.
In addition, you’ll be kept up to date on any news affecting the stocks in your portfolio.
As of now, all the special reports we looked at earlier have been losers. Therefore, I wouldn’t expect these stocks to differ from those in these reports.
4. Power Pulse System
It’s possible to examine more than 4000 stocks with the help of the Power Pulse System’s stock screener.
This instrument provides a score between “very bullish” and “very bearish,” with the former being the more common.
There are twenty criteria that are used to determine the rankings.
5. Marc’s Warnings And Predictions
All of Marc’s cautions and forecasts will be made available to you as well.
You’ll get access to Marc’s thoughts on developing events and his claims of having predicted many major market events.
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Power Gauge Report Pricing
Typical for an introductory newsletter, this newsletter costs $199 per year.
You will, however, be pitched much more expensive products as soon as you subscribe to the newsletter. In my experience, very expensive stock picking services are rarely successful.
For the first year, you might be able to get a discount. If you’re interested in the newsletter, contact Power Gauge Report and see if you can a discount on your subscription.
Is There A Refund Policy?
There is a 30-day money-back guarantee. However, I don’t think this is nearly enough time to determine if the stocks are good.
Since you only have a 30-day refund, there isn’t enough time to test their investment strategies.
Who Is Power Gauge Report Not For?
This newsletter is not for risk averse investor who prefers lower returns with known risks rather than higher returns with unknown risks.
All stocks recommended by Power Gauge Report are risky. There will be big swings in either direction. Trading these stocks is difficult because they aren’t well known.
If you are risk averse, index funds might be a better option for you. Since an index fund mimics its underlying benchmark, there is no need for an efficient team of research analysts to help fund managers pick the right stocks.
Who Is Power Gauge Report For?
This newsletter is only suitable for experienced investors with spare funds. I say this because you will have to investigate these companies on your own. Marc Chaikin’s research on the products is not enough for me to trust him.
In some cases, there is very little information available about the recommended stocks, so only experienced investors might be able to do further research.
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Power Gauge Report Pros
1. Marc Chaikin is an experienced investor
The investment ideas are given by Marc Chaikin, who has a lot of experience in the investment field. The knowledge or skill he acquires through direct participation in investment activities or market events is valuable. There may be some merit to some of his recommendations in the long run.
The subscription fee is affordable to most investors. In spite of this, you should avoid buying upsells that offer little value to the membership service.
Power Gauge Report Cons
1. Stock investment is risky
The risk of investment is still high even with the Power Gauge Report’s analysis or recommendation. They don’t give any kind of guarantee. Some stocks can lose value, even all their value, if market conditions sour. Microcap stocks are particularly vulnerable to market manipulation.
2. Expensive upsells that don’t deliver much value
Upsells from Power Gauge Report are expensive, but they don’t make much difference to the basic plan.
3. You’ll need a considerable amount of initial capital
Technically, there’s no minimum amount of money needed to start investing in stocks. But you probably need at least $200 — $1,000 to really get started right. For example, to buy a stock priced at $60 per share, you will need $6,000 in your account.
4. You still have to count on your investment skills
Power Gauge Report only gives you some insights or ideas about investment opportunities. But for the execution part, you still have to rely on your own judgment and skills.
Is Power Gauge Report A Scam?
I don’t think Power Gauge Report or Marc Chaikin is a scam.
But you must note that 95% of new traders lose their money and most of them fail to recover the money even in the long run.
Besides, on the official website, they promise you that their strategies will never cause any financial loss to you. In another word, the amount of profit is always higher than the loss.
Is that possible? To say that Power Gauge Report can secure the students from loss actually implies that the academy can get access to all kinds of insider information which is exactly not the case.
In fact, no matter how experienced you are in trading, you are still exposed to lots of uncertainties that might blow off your hard-earned money at once.
At the end of the day, Marc Chaikin’s recommendation or ideas can only serve as a reference for making an investment decision. And you have to bear your own risk in doing stock trading.
Is There an Easier and Better Alternative to Make Passive Income?
Although investing is one of the most popular ways to grow your wealth and give you some passive income, the stock is unpredictable.
Even if you have the tips or insights from the so-called experts like Marc Chaikin, it doesn’t guarantee you will win in the stock market. Only God knows when the stock price will rise or plunge. You may be able to make some money in a few attempts, but lose it all in the other attempts.
So if you really want to make a stable and secure stream of passive income, I would suggest you starting an affiliate marketing business online instead.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate ?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.