The Dividend Machine is a guide for individuals interested in dividend stock investing. It was developed to explain the concept of dividend stocks and how they generate high returns.
Bill Spetrino, the author of The Dividend Machine, has a background in accounting, teaching, and investment consulting. He describes his success as having generated a portfolio of dividend stocks to earn money every year; thus using a long term approach to investing instead of a, quick gain, short term investment
He believes the way to build savings for the future must also be accompanied with the ability to achieve a steady stream of income simultaneously. Unlike typical securities, you can sell dividend shares at your own discretion. There is also information describing how investing in municipal bonds is a way to earn income that is tax free.
The Dividend Machine explains why dividends are less risky than stock appreciation investments. The later of the two is open to greater losses with the potential for no future comeback especially in the instance when the investor is forced to sell the stock.
By subscribing to Bill Spetrino’s investment guides, you will receive $350.00 worth of materials for only $99.00 per year. This subscription includes 12 months of financial newsletters, a copy of his “World’s Greatest Dividend Stock” report, and full access to a library of archived data and reports.
You can sign up on their site for a risk-free four month trial subscription to The Dividend Machine; however there is a $1.00 commitment fee which can be paid by credit card. Additionally, you may obtain a full refund for monies paid if you cancel within 60 days.
Complaints have been surfacing online regarding some misleading verbiage in regard to the risk-free trial. Subscribers have experienced the same situation when trying to cancel; each of them found charges applied to their credit card after cancelling their subscription. In fact, some of these individuals had incurred multiple charges with no explanation as to what the charges were for.
The questionable business practice that comes to play is the initial $1.00 fee necessary to subscribe. Speculation of acquiring credit card numbers to make unauthorized and unwarranted charges is portrayed in online reviews.
All in all, paying for newsletters is rare, especially when the cost is high; $99.00 per year seems a bit steep.
The free trial isn’t free if payment for $1.00 is required to subscribe; requiring credit card payment for $1.00 seems a bit odd and is not common practice, especially because merchants charge fees for credit card processing.
If you have any experience with The Dividend Machine or their services, please leave your reviews below.
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