VectorVest Reviews

I'm not a bot, Russian, or some paid reviewer - because that's what we all think of positive reviews nowadays. --I was using Motley Fool Before, and it was great. I tried VectorVest out and did not like it at first because I was using its very basic features. One of the things I did was sell Slack $WORK when it pulled up on the watch list as a clear Sell with a low VST score, and 6 months later, it doubled in profit.

However, I decided to keep playing around with VV and leveraging the Back Testing feature, which is almost as good as a Bloomberg Terminal. I tried different methods for researching and finding stocks and found methods to earn 60% annually and more with a less than 10% drawdown for my Roth IRA.

I created an automated portfolio, and this method paid for the software and made a good chunk of profit in the first 2 months. Plus, it does well with Profit Locker in a Bear Market. If you are a lazy bum, stick to Motley Fool. If you are a nerd with OCD and can handle complicated tasks well, then Vector Vest is awesome.

Lazy people are calling this thing a scam because they want a free ride, and sorry folks, you have to spend time learning this thing to appreciate it and make money with it like anything else.

I've used VectorVest for several years, but am now stopping. It's because I checked their data against another source (MSN.com), and found that it's unreliable.

Upon consulting with their support folks, I learned a surprising fact: VectorVest does not report earnings, but only ESTIMATES of earnings. Even after the quarterly earnings reports come out, if the estimate is wrong, even wildly wrong, they will keep the estimate data in their history.

EXAMPLE: Comparing Facebook from July 2019 to June 2020.

VV shows revenue steadily increasing month by month. MSN shows that revenue peaked in December 2019.

VV shows earnings stuttering for the first 3 months, then going steadily upwards from then on. MSN shows that earnings peaked in December and never recovered to the earlier level.

I subscribed for about 10 years. Worthless information is all I can say I received. I purchased several stocks from their searches over the years. I've been involved in 5 investor class action lawsuits resulting from those searches. Three are still pending. What a disastrous disappointment. IBD or Motley Fool is a far better choice.

We signed up for the 30 day trial for $9.95. The product is not bad, but we found Investors Business Daily to be superior. On Day 29 of the 30 day trial I emailed them to cancel. Since I canceled service, I did not attempt to use the service anymore and did not open any emails from the company.

Since, I was still receiving emails from VectorVest, I decided to open some. Lo and behold, one of the emails said I could only cancel by US mail or phone call. I had only communicated with them via eamil, so the precedent was established by them that this was the preferred method of communication. Representative Dennis of Vector Vest told me on on June 8, 2020 that my email cancellation was not acceptable and that they would not refund me any monies.

I will be calling my credit card company to resolve the fraudulent billing by Vector Vest.

Stay Away!!!!

amazing picks! lots of fundamental and technical information for newbies, as well as the oldies always something to learn from these guys know their stuff and are truly helpful in finding a few ways to make money in the market. Blessings on finding your way in these troubled times. Their is a light on at the end of the tunnel! I hope it's the bathroom! Lol

Still getting a months pay on your credit card after your trial period ends. It just fancy bells & whistles of any other trading platform that you pay half for.

Be very careful when you give Vector Vest your credit card. Although there is the small print of a recurring monthly charge after the paid trial period, they will hit your credit card and won't refund even if you didn't use the service for the month you paid and they confirm with your logins and activity. They will not send you an invoice or email when they charge you and no flexibility in resolving the refund as I spoke to multiple people. They even said they didn’t have the capability to issue a credit card refund. It's a good product and there is the small print when you sign up, but very sneaky in my opinion the way they charge you going forward. They offered an additional month free but no refund even though I didn’t use. I also ended emailing the founder and was very professional and upfront in my request to ask for a refund but in my opinion he was not pleasant and rude. After I told him, my recourse was to leave accurate but negative feedback – his response was “Be Careful Mr. …… ” in very large print. The …… was my last name which I have left out in this post. It looks like from other reviews, there have been others that have had a similar experience with their charges. I have tried to be fair and accurate in my post here and feel like it’s worth passing on to everyone else.

I live in the mountains the internet service is terrible. Tried every way to use the VECTOR vEST INFORMATION. Told them several times it was not working and I could not use their information.

Weeks later I was shocked to see the charge on my American Express bill.

I am approximately 70 years old and have never never never had such a hard time getting a company to do what is correct and honest.

Took a year's subscription to test it: the algorithms and charting info they use make their 'top stocks' a highly volatile list - not easy to get a sense of which companies are fundamentally sounds and worth staying with despite movement.

There is no Australian customer service to speak of: the number for Aus customers is misleading as it does not function during Aus business hours.

Also be careful with auto-renewals - they do them even when you have set your account to 'no' and it is hard work getting your money back and you won't get all of it.

Nothing here that you can't find with local programs, and better to have local service available during business hours.

I've read the negative reviews and I'm shocked. Maybe I've just been lucky but bought Vectorvest analysis of stocks for $10.00, started following their recommendations (a very good tutorial with their program) and sold my existing languishing holdings replacing them with Vectorvest recommendations and have made nothing but money. Certainly the negative reviews have given me a rise of concern.

Be careful with providing your credit card information to this company. They ask to submit your credit card information for a free trial, yet they STILL charge your credit card.

I have registered for a free trial, discovered that it was not compatible with my machine, contacted and canceled my subscription right away (even though it was a "free" trial). They said they have taken care of that, yet my credit card has still been charged.

Beware!

Useful analysis , I learned a lot from the facts . Does someone know if my company might acquire a sample CO DoR 104 form to use ?

I read some of the negative reviews about VV and I felt similarly when I first joined: in fact, I thought they were scammers, I did not do well with the system, I could not get a straight answer from tech support, etc.

Then, after about 6 months, I learned the concept and started losing less money. I manage a large portfolio, so as you can figure out, I stand to loose a lot of money.

After one year of doing this, I started leading a support group and got some one on one advice from other users who really know their stuff and have done very well with the program.

After a couple years of using this program. I don't lose money, but.actually have done OK in this horrible market condition.

Here's how: I set up my own portfolios and turned "Genius" on so that I can see some of my investment strategies happening real time, right before my eyes. I constantly change, delete or create new portfolios in paper money. What i finally realized is that the strength of this system is its ability to choose stocks for you and trade them based on your custom system. You can see how well your strategy works and use the most successful strategies to trade in your real portfolio.

W-O-W Watch-list Winners found RYI (Reyerson Holdings) an amazing stock that just keeps going up and up.I actually made $188,000 in 3 months with a $550,000 paper portfolio using this trading system. This actually happened before my very eyes.

I have now incorporated RYI in my actual portfolio and have been doing very well with it and many other stocks I hove found through Vector Vest.

Bottom line: most of the negative reviews came from people who never learned the system or even gave it a chance. You really need to try it for at least 6 months trading in the paper money portfolios before you can really learn and understand the value and power of this trading system.

Not only do they not work, they will lose you money. As often as not the bottom VST Stocks outperforms the Top (recommended) stocks. Also if you follow their buy/sell recommendations you will almost always be trading a lot and losing more money than otherwise. It is well presented snake oil.

My review is geared more towards the company, their ethics and confidence in their own product. I purchased the trial and never even logged in. They acknowledged that I had not used the product. Once the trial was over, my credit card was billed for the monthly charge. I know this was in the fine print, my responsibility, etc.. However, If they had the greatest trading method out there, why would they care about 137.00 from a client that NEVER even tried the product. This type of internet profit, sucking people in to make a quick buck, is not ethical business. If they need that money so bad, their system must suck! Basically, the people leading this company have no integrity.

They have an incredible market timing system, model portfolios, back testing facilities, support, and training.

I have learnt more from them in one year than from multiple subscriptions to advisories over 5 years.

I have never come across a more helpful, thorough system.

The best thing is they don't tell you what to do, they teach you and show you the facts and you have to make your own decisions.

If you do the homework, watch their training videos, and put in the effort, they will make you a professional trader.

I cannot give them enough stars.

They don't give you the fish they teach you how to fish.

There is a reason they have been operating since the 1980's

When they say buy the stock falls, when they say short it the stock goes up. They could do better by using a Ouija Board. You will lose your shirt if you follow their advise. I was so mad when I wrote the first review I misspelled some words. That is how upset they made me !!!!!

ok, as S and P went sideways much of 2015, how well did VV give heads up the week before Aug 24th? where S and P/U S equities dropped 8 to 10%.. the red, yellow, green stop light, and daily summary, did it give a good heads up there was good chance of correction? not VV stating in Jan 2015, 2015 may have correction... but the week before Aug 24th? your inputs/ replies to this.. I just signed up.. as S and P tried to retest the Aug 25th lows.. (1867) on Monday.. (Sept 28, 2015).. thanks for you insights those who are VV users now.

The concept of buying safe stocks, with good value at the right time is GREAT. the format of the product in presenting lots of information is wonderful. The HYPE is that high VST stocks out perform the market. They keep changing systems and touting great back tested performance.

It is easy to set up paper trade portfolios. After much frustration, I decided to set up portfolios with a few auto trader functions for conservative, moderate and aggressive investors and see how it does.

If I had a time machine I could be a multimillionaire many times over. Warren Buffet and Bill Gates might get jealous. The reason for this is that the Vectorvest software is great on finding stocks in the past that if you had held them until the present, would yield outrageous returns. Finding one or two of these gets you sucked into testing more and more until one becomes fantastic at stock picking, using 20/20 vision. Unfortunately I don't have access to a TARDIS or Time Tunnel to put myself back to the particular day to make the initial investment. Besides, quantum physics being what it is, my being invested then would change the investment distribution as it existed at that time, possibly skewering it just enough to land me right back in the pauper's house.

The general principle to be aware of is this, assuming, for argument's sake, that Bart DiLiddo came up with an absolutely foolproof way to make money in the stock market. Since any such "systems" often work by exploiting an inefficiency until it becomes widely known, wouldn't it be in his best interest to keep it a secret and become wealthy himself? If he had done so, he could afford to give his system away, not needing the money himself.

Save your money. Another 20 page or so oversized spiel to go in the recycling bucket.