Paul MampillyMampilly’s hype about ‘internet of things’ is an overstatement
Paul Mampilly’s videos are always a head-turner. If you are a newbie and do not know much about the stock industry and how it works, you would be easily fooled by his imaginary promises that sound good when looked at from a non-existing angle.
He is not only able to scam people with less understanding of stocks. However, he pretty much nails it when fooling experienced investors.
His recent video about making a fortune with one stock has gathered a lot of hype. The ‘Internet of things is undoubtedly capable of a lot in the future, but it would still be a risky stock to depend on with your hard-earned money.
Paul Mampilly, on the other hand, has described it to be the key to an enormous fortune and is more than 100% sure about the returns; he claims this technology would be more successful than computers, tablets, and mobile phones put together.
He also mentioned that the invention would undermine every other revolutionary innovation in the past and would become the inception of the second industrial revolution.
Paul explained the graphs and assured that the Internet of things would only reach a $19 trillion-dollar industry by 2020. Hence, whoever invests at this stage will enjoy the highest perks in the coming four years.
The video compels me to invest a lot of money and is pretty convincing. However, there is a lot more story to this video that Paul has not bothered to share. Something that entirely contradicts his data.
I would consider his claims to be nothing more than a marketing stunt and a gimmick.
An insight into the prospect of the Internet of Things’ future, Paul has underlined many times in his pitch that this innovation is seven times bigger than computers, tablets, and mobiles in combination.
According to experts, this technology is supposed to be utilized by 50 billion devices by 2020. And he demands an early entry into the investment to reap the unimaginable profits.
I would not deny the fact that the Internet of things has a lot of potential to mark a great start, but at the same time, it carries substantial growth risks and pains. Let me put some light on this subject.
Have you come across an ‘October 21st denial of service attack’? If not, let me help you with the details.
This attack inflicted havoc on the web and did not even spare some of the enormous Internet commerce sites. This wave of software viruses attacked the devices connected to the Internet of things. This proved that the Internet of things still has loopholes, though a great innovation.
This technology is exploitable and vulnerable as well, which would lead to its probable scaling back.
If we cannot provide a strict and elevated level of security, the potential of this technology will not be adequately served. This way, this stock becomes a risky investment.
There are various reasons, and I can write a book. But, I would like to be as precise as possible. Paul never misses overstating his claims.
He makes sure to project the numbers so that even if it looks too good to be true, it seems achievable.
The Internet of things is not the only stock he has gone beyond the limits to praise about. Sometimes, he even brags about fake profits that were never made. But he has been doing it for a long.
For example, in 2015, Paul Mampilly was found advertising about Yahoo shares and predicted an increase of 75%.
However, as per the stats, Yahoo’s share was at $50 per share at the start of 2015, and it did not take a year for Yahoo shares to come down to less than $30.
Those who invested lost a lot of money. Even after Verizon’s purchase, the stock remained at less than $50 per share. Those who sold the shares in the intervening months had a loss of more than 40%.
Again, Paul mampilly has started vouching for Geothermal stocks. In the era of solar energy, which is cheap and has already taken over the market, it would not be easy for any other renewable sources which are not mature enough to make a prominent place.
This makes this stock a risky investment. On the other hand, Paul Mampilly affirms a 1000% return in one year. Isn’t that making his assertion questionable? It sure does.
Paul Mampilly seems to be a marketing expert rather than a financial advisor. He does not have morals. He fails to justify the marketing limits. He goes too far into lying that he underestimates the ethics that every industry abides with.
None of the financial advisors concerned about their client’s profit would provide such a level of certainty at any given point in time. We all know that investment into stock is more or less a gamble.
If played relatively, there would always be a chance of unpredictability. But, in the case of Paul Mampilly, it is never a case.
In addition, being such a great advisor, as he profoundly affirms, he should be in talks everywhere. But you would not find Forbes, NBC, or, for that matter, any other business magazines singing his praises.
The way he shows the profits he has made or any of his clients has made fake and highly overstated if you look at profits unlimited by paul mampilly reviews on the Internet.
Paul is a tricky guy and would make you believe in his assertions by fake stats and numbers. His confidence is what attracts most of the clients around the world.
But, you need to at least do your homework before believing him or anyone before investing. Beware of people like Paul Mampilly.
55 Reviews on Paul Mampilly
He gets alot of Ideas from Cathy Wood whose portfolio you can view for FREE online yet this con Artist charges 15,000$ for his Gold Programs ……..Think About it
Well you would think somebody of this caliber in the investment sector would in certainty have presentment about how the Fed raising interest rates now for a Year would impact the Markets ….but as far as Manphilly is concerned everything is Rosy and the.Bull market is here….What a disgrace he is ..leading the lemmings off the cliff …But he is making money on Deceived Subscribers…The word that best describes him is Criminal
Your experience is heavily influenced by when you joined
It’s pretty clear that anyone who joined his services between 2016 and late 2020 had an overall positive return, inclusive of the dive the market took the last quarter of 2018 and the Covid crash of 2020. Those members will sing Paul’s praises. But for those of us who joined in 2021 and thereafter, literally every stock pick has been a loser. Most are down 50% or more and some are down 70-80%. Those stocks will take years to recover, and some will never recover. Let’s just say that there is a huge bias in opinions here. Paul preaches time in the market and not timing the market. But only a fool disregards timing of when the stocks were purchased. Poor entry points severely handicap your portfolio. The other thing is, for those of you who made a lot of money between 2016 and 2021, so did everyone else as the markets went up, and you didn’t need a subscription to any service to succeed. It didn’t take a lot of skill to be successful then. It’s been much harder to be successful since early 2021 and especially since November 2021.
Poor suggestions in investing ideas
I can honestly say that I have lost money on every single suggestion Paul has ever made. He raves about his riches and his high gains in Investing, however on my end I have not seen a single one in the numerous suggestions he has made. I think that it’s very sad that people like this, as much as he is still take such advantage of very hard-working people who are just trying to do the right thing the best way they can. There should be a law against such things.
Lifetime Sunscription with 90 day warranty
I subscribed to Paul Mampilly’s lifetime subscription at $15,000. I should have known something was up when they offered to take four quarterly payments and then called me after the first month to provide a discount to pay the remaining balance in full.
After nine months and a 30% loss, I called to ask about the “1-year money-back guarantee” only to be told that it applies to the individual programs that make up the Inner Circle, but not the lifetime membership.
Further, all of my email correspondence was met with generic “Call this number so we can talk about it” type emails. Nothing was put in an email regarding payment terms or money-back guarantees. I would recommend you stay far away.
Not sure what to think
Bought into a 2 year subscription to Profits Unlimited about 1 1/2 years ago and to date down 45 percent over 7 stocks. Not a one of his stocks up! Very disappointed so far. I read his story and liked it. Seemed like a straight shooter! By now thinking i should have been up nicely the way he advertised. I guess another 2 – 3 years of holding will tell. Will not renew if I don’t start seeing gains from him! Starting to feel like I got took!
The guy is a scam
I agree with you 100%, I see he sent his guys to put bad reviews on your article,
his ads are too good to be true, obvious scam style of advertising, I wont subscribe to false and exaggerations! he can not fool me, no new batteries will be able to supply such endless energy this is against the basics of physics and the the law of conservation and transformation of energy, unrealistic to much exaggeration, thanks!
Paul is really a scam
Do not trust Paul Mampilly, If you sign up for his news letter. He just use it as
a bait to sign up for his big money Trap. Don’t be fool by him.
Only Scam Here is the Review
I have been following Paul since sometime in 2018. I started with his profits unlimited and then as I had great success, I bought into his much more expensive premium services. The results have been phenomenal. It is important to follow his rules of the game and buy all of his recommendations on an equal weighted basis. I started with just five or ten thousand dollars but added a couple hundred thousand dollars more after a year of so of huge gains. In those three or four years since, my total realized and unrealized gains have been in the several hundreds percent building up to over $750,000.
As an example, one of his services, True Momentum since it’s inception several years ago is up 44o% versus a 101% increase of the S&P over the same
Period of time.
I just wish I could find some more scams like this
I have been a customer of Profits unlimited since 2018 by following Pauls advice I have tripled my account and quadrupled my wife account. I followed another person before Paul and lost 30% of my money. I am extremely happy with Paul’s services