About The Palm Beach Letter
The Palm Beach Letter, available from publishers Mark Ford and Tom Dyson, describes itself as a publication that aims to provide its subscribers with useful advice about building wealth, living well, and investing.
This publication was initially created by Mark Ford, a man who went from a poor Peace Corps volunteer to a millionaire, from working with a series of wealthy and successful businessmen and learning their financial strategies.
Through that life experience, he realized that wealthy people do not actually make money in the way that Wall Street traditionally advises average investors to invest. They do not choose to invest in risky or "long shot" stocks. Instead, wealthy people make investments into stocks and strategies that deliver steady appreciation and substantial dividends each month.
All of these strategies and recommendations are compiled into The Palm Beach Letter, their monthly financial newsletter whose goal is not to make stock recommendations, but rather to teach people how to become wealthy.
These reports include things like Income for Life, also called the 770 Account, a report which explains how you can use a whole life insurance policy to increase your savings account. Another report, called the Legacy Portfolio, describes the top ten businesses in the world which would be worth using in a long term investment strategy.
Customers who are interested in receiving their report can purchase a Gold member subscription to The Palm Beach Letter for a flat cost of $99. This subscription will include the current issue of the letter, as well the next twelve month's issues.
You will also receive weekly updates, access to back issues with current recommendations, four Special Reports, and their Wealth Builder essays.
Before you subscribe, you should know that as financial journalists, and not as advisors or brokers, they are not able to give you personalized advice, just general advice and strategies of which you may not be aware.
Also, they promise that if you have any complaints or problems throughout your entire subscription period, you can call their customer service at phone number 888-501-2598 and speak to about potentially receiving a refund.
If you have any experience with this publication, please leave The Palm Beach Letter reviews below.
8 ‘The Palm Beach Letter’ Reviews
I subscribed for a year, then cancelled. There were many emails with "valuable info" which I didn't find very helpful, so I called after I saw my credit card had been charged $129 after the first year completed. I was told by the "first agent" that I would receive a refund within 5-7 business days. Now 3 weeks later, I noticed I haven't yet received the refund to my credit card, so I called 888-501-2598 and spoke with the "second agent", who told me from her review of their call notes that my original request could not be processed since the charge was pending, and that PBRG's call notes indicated that "the customer would call back" to request the refund once the charge had cleared (I do NOT recall the original agent telling me that at all.)
I asked the second agent why PBRG wouldn't just follow up on its own in several days (after the charge had cleared its pending status), instead of making me go thru the steps to RE-REQUEST what I had made perfectly clear during my first call -- "I want to cancel, and to receive a refund for the $129 charge at the beginning of the second year." I suggested to the second agent that she forward my recorded comments in my conversation with her, to her management team, so they can hopefully tighten up this currently sloppy aspect of their cancellation process, which has rendered me a dissatisfied Customer.
I wonder how many others may have experienced the same response, including perhaps NOT BEING REFUNDED AT ALL (i.e., the refund issue being "out of sight, out of mind"). Not Best Practices, by any stretch. If I am contacted by PBRG with a confirmation that they have indeed effectively changed their practices to eliminate this process defect, then I will consider revisiting this critique, and perhaps changing my overall (currently very low) rating of their company. Otherwise, I would recommend you steer clear of PBRG.
I fell for the Palm Beach Letter Scam (Face Plant!)
I was dumb enough to bite. Thankfully, Capital One was in my wallet and they got my money back eventually. You get nothing from these jerks but a paperback black book, after about the 60 days' trial they supposedly give you to change your mind (with none of the so-called extras they promise either). I started trying to cancel after about 30 days. Forget about it; no way to reach them.
Please don't fall for this BS. It is most assuredly a SCAM! As for calling them, not happening ~ their phone number is perpetually busy, unless it's late, when you will get a recording telling you just that, you are SOL, it's after hours. I feel pretty darn stupid. Don't fall for it.
These scammers charged my credit card $99.00 and $128.00 and sent me an eMail saying that they charged me $0.00 (my ass) and then told me there was nothing they could do about it. Swell. Swell, Hell!
I canceled my subscription two days after I ordered it. I asked for a refund as stated in their ad. Over the last 6 weeks, I have requested a refund every other day and get the same canned letter "we will get back with you in 24 hours." They won't even stop the emails that I don't want. I have since turned them over to the Better Business Bureau in Florida. Don't have much faith that I will get my money back. I will continue to repeat my story on venues like this until I do.
Looking for a devil's advocate
Has anyone actually had a positive experience, or made any money, using their ideas?
I have not purchased anything from them , so far. and would simply like to know if there is even a small window here to learn what to do, instead of what not to do.