What Is Wealth Generators?

Wealth Generators offers a way to trade on the stock market to people who know absolutely nothing about trading or the Market. Members or customers gain access to a “proven” system for success and apparently are able to make money by investing in stocks.

It's also a network marketing opportunity. Once you've tried and enjoyed the system you can spread the word. Let's look deeper into this system, the product and the opportunity that lies behind them both.

The Company

Wealth Generators claim that their company is comprised of experts but the only credentials listed are those of the founders and executive team, none of whom seem to be Market experts:

• Ryan Smith enjoys spending time with his family and he has created “deliverable stock market education”.
• Annette Raynor has high ambitions of bringing free market principles back to the financial sector. She is a Registered Investment Ad visor Representative and instructor.
• Chad Miller has a beautiful wife and 4 children and “has been interested in financial markets for several years”. Vague reference to “being a broker” and educator.
• M. Arthus Romano loves football. He was a stock broker in the 1980s.

Okey doke, let me say a few things here. Although some of these “experts” have some relevant experience, it's hardly of the caliber I'd want if I were trusting my thousands of dollars to them to follow their market lead wherever they go.

• Teaching people about the stock market does not make you a stock market expert. Does teaching high school biology make you a research scientist?
• Being a Registered Investment Adviser Representative is not the same as being an actual RIA! According to Wikipedia, an RIA is someone registered with the Securities Exchange Commission or a state's securities agency. A mere rep, on the other hand, is someone who works for the RIA! As a salesperson!
• Working on Wall Street in the 1980s and calling yourself an expert on today's inner workings of The Street is like having worked at Dell Labs in the 1980s on the very first PC, then telling people you developed the world's first non-Apple tablet. Things change…weren't they still writing trades on bits of paper back in the 1980s?

The Product

The product is expertise …select a market expert and follow their trades so you can make money investing in the stock market. You get weekly or monthly trades, depending on how deep you want to wade into the program. Here are the prices:

1. Member. $99.99 to enroll, then $99.99 per month subscription fee.
2. Generator. $124.99 to enroll, then $99.99 per month.
3. Qualified Generator. $229.99 to enroll, then $99.99 per month

All levels of membership come with the Monthly or Weekly 3 Pack. That's the tips part, consisting of Swing, S&P 500 and Momentum portions, which all give you different types of investing strategies to follow.

The Compensation Plan

Enroll people and get 10% of their subscription fees at the lower 2 levels.

Enroll people and get 20% of their subscription fees at the Qualified Generators membership level.

To be able to qualify for the Bonus Plan, you must be either a Generator or a Qualified Generator. To qualify for the full bonus plan and other bonuses, plus full access to education videos and webinars, you must be a Qualified Generator.

On top of that, you must pay to participate in the Bonus plan! Check it out here on the Wealth Generators website itself. Generators pay $25 at enrollment, which is an annual fee. Qualified Generators pay $105 one-time fee.

That's the gist of it…of course there are other bonuses and there's the 5 Pay Bonus, which is based on Group Volume, at 5%.

The Wealth Club 100 Bonus nets you $100 for every month you have 3 Active (paying) personally enrolled 1st level Generators.

The Verdict

If there were a sure-fire way to make money on the Stock Market, believe you me I'd be all over it. I'm not even sure I'd take advice from Warren Buffet, if he were giving it out for free. Nobody knows what the Market will do, and if they did they wouldn't be selling it at $99.99 per month!

Not only that, but this company hasn't even done a great job of convincing me that they even have any expertise. I'm scared, very very skeptical on this one.