The Biblical Money Code Reviews
About The Biblical Money Code
The Biblical Money Code is a new investment informational program available from Sean Hyman and internet newsletter publisher Newsmax, who is described as an investment expert and former minister.
According to Hyman in the hour long presentation available on the website, there is a Biblical code which can be used to unlock “vast amounts of wealth,” safely and effectively. He says this system has been used by people throughout history to make money “morally.”
He does address the belief that the Bible says “money is the root of all evil,” and clarifies that the actual verse is that the “love of money is the root of all evil.” Money itself is only evil when you come to it through evil means or use it to do evil things.
The code that he has taken from the Bible to make money, however, will help guide you to make money in a “good” way. Specifically the “ancient Biblical principle” that he wants you to use is the verse which says that you should “look well into investing.”
But looking “well into investing” is actually very difficult, according to The Biblical Money Code. It takes lots of serious effort and many hours to do the necessary research to look into an investment opportunity.
He claims that his newsletter gives you the blueprint you will need to assess stocks quickly and make profits right away, without having to do all the hard work of researching on your own.
In addition, he describes his investment program as being “simple, quick to implement, and fun.” He also claims that his system is incredibly effective, and has turned his father’s $40,000 retirement fund into $396,000.
People who are interested in subscribing to The Ultimate Wealth Report can do so for a discounted rate of $47 for a full year’s subscription.
If you have any experience with this program, please leave your Biblical Money Code reviews below.
60 ‘The Biblical Money Code’ Reviews
I feel like a new born baby writing this. First few trades with newsmax service, specifically with Sean, were winners. I decided to follow the recommendations totally.
I have lost so much money by now that I can't even admit to the amount. I am still waiting for the turnaround in my stocks. I will never take another news letter from Newsmax, or motley fool for that matter.
So from now on , I do not listen to advisers. I listen to my own common sense and do it my way.
have been a member for just over two years. followed his advice to the letter. best pick is down 27.5% worst is down 97.2%. overall my portfolio is down 57.8%. had a few winners in the beginning but nothing in the past 9 months. something has changed with his reviews, he is just not connected anymore. I will not be renewing my service after it expires. he does a good job with charts but just keeps hyping the turn around is coming, has not happened yet. somewhere in between he claims he told us to sell some assets to raise cash, I never got the message if he did. some off hand remark maybe but not a directive to sell. now he has 6 picks (all big losses) he does not mention very often even though he says he still has faith in them. told us to sell if we needed cash. sell for an average loss of 76% is hard to do. Do not put all of your eggs in this basket, be very cautions here and really check his past performance, we are not doing well to which he never comments about.
Folks do your homework. Research, read, talk with those familiar with investing. I don't have any negative words for Hyman, If anyone blindly follows without at least researching then it is your fault. Also understand that any endeavor of substance may require some investment on your part. Salvation was free but it cost Jesus! Even the bible says count the cost. So I advise everyone to critically think. Take the time it requires to find out more. May have to get "Investing for Dummies!" (Smile). At least do the work. If you then decide this is for you Go for it. If not okay. I'm interested in investing but want to take it slow and get as much knowledge as I can in order to make an informed decision. God Bless!!
Sean Hyman to me sounds like a con man. Give me your money and you will make money. No, give him money and he gets rich while you stay poor because you are a fool who is easily parted from your money.
I'm a trader with 30 years of investment and trading experience in stocks & commodities, and I subscribe, but trust me there is no Biblical Money Code. Its not the atheist in me talking, nor is it that I've lost money using this service (I'm making money), its just maturity and reason that is telling you right now that THERE IS NO BIBLICAL MONEY CODE! Sean and the folks at Newsmax are marketing to Christians who've been taught that making money is evil, and that gambling is, too.
And let's face it, stock market trading IS gambling.
Like most stock trading "systems", Sean leaves out half of what novice traders - er, excuse me, investors - need to know to make money with his stock picks. You see, after trading and investing in different financial instruments for the past 30 years I've discovered that picking what to trade isn't as important as knowing how much. In other words, you can pick stocks to trade with a newspaper and a dart, but knowing how much to buy and how much to risk - i.e. money management - will determine whether you are successful or whether you go broke.
Don't misunderstand me: Sean does good work picking the companies and determining when to buy and sell. It's worth the subscription. But it's only half of the formula. YOU must determine HOW MUCH to buy and how much you're willing to LOSE before you get out. You also need to know how much capital you need to have to make the signals pay...in other words, what your Initial Account Size must be. Knowing what to buy and when to buy it doesn't guarantee success with any trading signal service.
Its called Money Management...and its not provided as part of his service.
I invested the 47 usd for the newsletter and I can tell you the only way of earning money is to do the OPPOSITE of Sean Hymans recommendations.
I checked out some of his old recommendations and its a sure way of loosing money.
Save your money my 47 usd is gone
6 Days ago I wrote a full review of the product on the my website. The product has substance, and does get its foundational methodologies from a loosely translated version of Bible scripture. Other than that it is simply a formula for investing in stocks. These stock investment formulas are much like opinions, in that most everyone has one. For a new investor who has no clue, this would at least provide some guidance. -Moneymakerspy
It sounds like the approach of this "pastor" is to target the Christian demographic so he can provide "Biblically sanctioned" investment advice. I don't believe that Jesus came to us as an investment advisor on the side. And I do not know how astute an investment picker is Mr. Hyman. I would be wary. People have read all sorts of things from holy books. You probably can get better suggestions from Merrill Lynch.