Is The Rich Life Letter A Scam? [Review]

The Rich Life Letter is a financial advice newsletter that is Edited by Nilis Mattive and Published by Agora Financial.

The newsletter gives you advice on investing in particular stocks and shares, mainly: 

• Dividend paying Stocks
• Startup Companies that are ready for their IPO - Initial Public Offering

The aim of The Rich Life Newsletter is uncover the hidden diamonds of the Pre-IPO market, these companies, in reality can go either way, either explode and head for an absolute financial melt up or go down like a lead balloon.

It's about finding the the next google, the next Air B&B, The next Uber for example. Imagine getting in on those before they were famous!. 

It is about getting in on the ground level with opportunities are about to go public and what Nilis Mattive believes are ready for wild gains and profits. 

The other type of investment advice given is finding high paying dividend paying shares.

A dividend payment is simply your share of the profits that a company generates usually expresses as a percentage. Obviously, the more you invest the greater the dollar amount. 

This sense, The Rich Life Letter is very similar to the Genesis Investing System which focuses on IPO's and Kennedy Accounts which has a focus on Dividend paying shares.  

Which is a far cry from what you were lead to believe in the sales and marketing pitches that were made!. 

They make it seem like you are just going to get huge checks sent to because of some new change in the social security system.

The Rich Life Letter is a financial advice newsletter. It appears that their target audience is aimed at the ordinary man on the streets, your average Joe or Jane that don't quite have a huge sum for investing and want to see massive gains for little investing. 

I also got the feeling the this target audience here is for cool and trendy hipsters who want to say they invested in the next big thing long before it was ever heard of!. 

Who Is Nilis Mattive?

Nillis Mattive is a graduate of the University of Scranton with a triple major in Theology, Philiosophy & English. 

He appears to have a very strong back ground in marketing and marketing copy. 

Rather concerning is he does not appear to have any background at all in finance or the financial world other than writing about it. No career background on Wall Street, no Multi Million Dollar Hedge fund or Mutual Fund Managed. 

Nothing at all!. 

Not even by education or studies. He is a writer and marketer who got in the financial industry as an editor based on having a Major in English. 

A fair assessment would be to label Nilis Mattive as an arm chair quarter back of the financial world.

He can write about it all day long - but can he play/trade the markets in which he has zero experience? 

Personally, I could not care less about what this guys writes and who he write for he has no background at all in the industry other than that of writer and a marketer and he wants to give you advice!.

Why should you take it!.

What Do You Get With The Rich Life Letter?

When you sign up and Join The Rich Life Letter you get: 

• A One Year Subscription To The Financial Newsletter, The Rich Life: every month you will get Nilus Mattive's Recommendations in what stocks to buy and what investment moves to make. 

• Trumps Administration's New Social Security Free Report: A little and unknown way in which Donald Trumps Administration has made it easier for regular people to claim more social security. 

• Get Rich Off Pre-IPO's: A free ebook that gives you inside info on companies preparing for their IPO. 

• The Wall Street Instant Cash Machine: Another free report, this one shows you how to generate hundred of bucks every month in genuine income.

• Baby Boomers 12% Account: A report detailing how to get 12% interest on your bank account. 

Newsletters are products and not considered as businesses in their own right by the Better Business Bureau. 

Thus The Rich Life Letter as is not accredited or nor rated by the BBB.

However, 

We can check out the publisher and see how they are rated by the BBB.  Agora Financial are not accredited and not rated by the BBB. 

I have already spotted one huge red flag - The Editor of the newsletter has no background in the financial world other than that as a writer. Zero trading or investing experience in the world of high finance at all!. 

And here is red flag number 2

That is a pretty bold claim that is being made to market the newsletter. Let's be clear on the facts!. 

• There is no new social security program
• Nobody has been given checks from the IRS or Social Security without due reason - there is no change is legislation or "loop hole"
• And Donald Trump is NOT launching a new social security program.

 And now for red flag number 3 - the fake Trump Checks - Trump checks don't exist. Never have, never will!. 

If you follow the financial advice and invest in dividend paying stocks you will get checks sent to you as your dividend payment - it is not going to be titled a Trump Check!.

Further red flag are when you see the so called testimonials, and then perform reverse image search and find that they are stock images. fake testimonials. Huge red flag!.

There are some good things about The Rich Life Letter that I did like. 

• There is a money back guarantee. 
• It can help to get people started in investing.
• Dividend Paying stocks do provide a good source of income.

There are a lot of things that I did not like about The Rick Life Letter. 

• A lot of BS hyped up misleading marketing. 
• The Editor has no real life experience in Finance - he is a writer on the subject nothing else!. 
• The use of fake testimonials - means no real proof of people succeeding to make money with the product.

I am inclined to say no. 

If it was genuinely possible to make money with The Rich Life Letter why would they use fake testimonials?. 

The entire marketing behind the product is very scammy as it using an expert writer - really This kind of product should be edited and created by a Wall street expert with a life time experience managing Mutual funds, for example, not some guy who just know how to write about it.

I, mean. I can tell you how to bake a cake - it does not mean that I can actually bake the cake myself!. 

The Rich Life Letter is best avoided and for a number of reasons.

Namely the guy writing it has no background in the financial world, he is a writer and a marketer nothing else. 

Also, 

You have been barefaced lied to and mislead in the marketing of the newsletter why would you then trust them with your financial well being and future and take financial advice from them?. 

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