Is Dr Steve Sjuggerud A Scam Artist? The $199 Investment

true wealth newsletter review
Your friend might want to know about this:

How’s it going, my friend? Welcome to my True Wealth Newsletter review, and I hope you have a blast reading it.  

Stocks and exchange-traded funds have been on the rise for the past few days, and perhaps that’s why you are interested in riding this train with the help of True Wealth – a subscription-based advisory that targets the purchase of valuable assets. 

In this article, we will answer the question: 👇


“Is Dr. Steve Sjuggerud a scam artist, or is he a reliable financial guru with a sound investment philosophy?


What exactly are your reasons for saving money? Answering this simple question is key to understanding the type of opportunities you should try out for yourself. 

For instance, if you are 27-35 years old, there is a big chance that you are saving up for a house, a car, or for marriage.

And if that is the case, you should park your money in less-risky but worthy opportunities like ETFs (mutual funds that are listed in the market) and blue-chip stocks (companies with proven track record).

Contrary to common belief, you do not have to waste your time and put your hard-earned cash on different money making/growing opportunities like day trading or forex.

If you cannot set aside time to review the technicalities associated, I suggest you try out government bonds mutual funds or even UITFs instead.

If you have been a consistent reader of my blog, you know that I have experience with these, which is why I have always made it a point to start these articles by assessing the type of investor you are. Is Dr Steve Sjuggerud A ScamI want you to be clear about your goals, your investment horizon, your capital that you are willing to risk, and your risk tolerance.

If you find yourself drawn to the idea of riding the twists and turns of the stock market, then perhaps this is the reason why you are doing your homework about True Wealth’s editor, Dr. Steve Sjuggerud.

In your research, to help you, allow me to share what I have learned about this financial service and my honest opinion on whether it is a scam or not.

In the spirit of full transparency, you can rest assured that I am not in any way connected to the company. This article will shed light on the truth, and it’s not meant to upsell you on the Stansberry Research product.

Now that everything is in tune let’s get it on! 🚀


Who is Dr. Steve Sjuggerud?

The stock market is all about equality, as it gives the same chances to all the aspiring investors. Even if you are from the U.S, you can invest in the economy of other countries such as Singapore, the Philippines, or even the European market.


In this sense, your success highly depends on your research and financial plans. 🙂


And speaking of plans, it is essential to note that your financial plans should be like bamboo, something that sways based on the wind like news updates, current trends, stock value, and the management decisions of the company you are targeting.

If you need help choosing the right stock, this is where stock-picking recommendations can take center stage.


One of the most well-known advisories in terms of the stock market and ETFs is True Wealth, mainly handled by two guys – Dr. Steve Sjuggerud (editor) and Brett Eversole (lead analyst).

I bet that this isn’t the first time you have heard of Dr. Steve since he has been featured in different media outlets such as Fox BusinessBloombergCNBC, and much other reputable news and financial institutions.who is Dr Steve SjuggerudUnder his belt, he holds a Ph.D. in Finance, which allowed him to become an excellent stockbroker and hedge-fund manager.

 He has over 25 years of experience in the field, so he is considered one of the “gurus” who actually know what they are saying.

I found some of his recommendations to be entirely accurate, as the case back in early 2003, when he said that the price of Gold would sharply rise.


And do you know what happened a month after? The price of Gold skyrocketed! ⭐


And his predictions proved to be accurate up to this date. 

He has co-authored about four major books about financial freedomcurrency crisisstrategies on the most common financial vehicles, and the Investor’s Bible.

Upon checking, all of the books have around 4 to 4.5-star ratings, reflecting how sound and feasible his financial recommendations are. 

Additionally, he is also the lead editor of other investment advisories such as True Wealth Systems, True Wealth Opportunities: China, and True Wealth Estate.


So, where do I stand in this? 🤔


His experiences reflect how passionate he is for providing recommendations that are generally safe. 

And for me, this is a plus point. I have tried different investment newsletters, and most of them are recommending stocks that are very risky and have a 50-50 percent chance of flopping (based on my analysis of those stocks).

So, I sincerely appreciate his strategy for someone who has been through the roller coaster ride of the market.

I do not want to sound like I am hyping him up, okay? He also took some stock losses, but the gains are still pretty good.

Since most of his targets are %85 safe stocks, please do not sign-up and expect that your capital will be astronomical in just a year because they won’t be. 

However, though, the returns will be far better than if you just park it in a time deposit or savings account in the bank.


What is the True Wealth all about?

True Wealth is a subscription-based newsletter that featured financial recommendations backed by research and market analysis. The newsletter is delivered via e-mail every month, and it comes with:

  1. Readers-only guides (the topic varies depending on the latest trends and shifts in the market)
  2. Weekday copy of the Stansberry Digest (basically a stock news compilation)


For the price, I am not expecting a lot since $199 for a verified newsletter is already pretty cheap. But if you just want to try out and see for yourself, you can sign-up for their 30-day trial.

 Also, if you find yourself unsatisfied with the service, you can simply call or e-mail their sales team to get a full refund.

Here, the investment strategy calls for positions in various economies (around 25 stocks in their yearly portfolio). This means that the recommendations vary from time to time, depending on the movement of the market.

There will be times you will be urged to invest in international markets, specific mutual funds, and blue-chip stocks. 

You do not have to worry for total beginners since each recommendation comes with a hold/sell chart to guide you for the perfect price to let go of a stock.


What’s my opinion on this? 🙂


Honestly, I believe that True Wealth is all about safe positioning in the market, and this is what makes this newsletter perfect for beginning investors and retirees.

 Here, Dr. Steve capitalizes on conservative investing, which is why all the trades are expected to gain in at least a year. So, if you are someone who is looking to get quick cash, then I suggest you try out day trading instead.

Also, I applaud that the newsletters give a pretty balanced view by discussing the pros and cons of investing in a specific stock.

This will be a great way by which you can learn how an investor thinks and how he backs up his stock recommendations with research, analysis, and science.


Are there any True Wealth complaints from my end? Nope, absolutely not. 💯 ✅


Is Dr Steve Sjuggerud a scam artist or the real deal?

Let me say right away that Dr. Steve Sjuggerud is not a scam artist, and he is the real deal. 🥳

Of course, nothing beats personal technical analysis from you, yourself, but having backup information from newsletters like this one can significantly help shape your game.


I recommend this for those who are hell-bent on investing while learning the process themselves.


But if you will just purely rely on this, then let me remind you are just gambling away. It is not safe. It is not healthy.

You might compare this review with the findings of others who say that he is a scammer, but let me remind you that those who accuse him are those who do not understand that True Wealth offers lower returns compared to its competitors.

This is because he wants to make sure that all the recommendations spread out on the board and are less risky. If you want to gain more, then you got to risk more. 🤓


It’s time to drew my True Wealth Review to an end. (But Wait!

If you are searching for an opportunity that can yield monthly cash flow, I recommend that you look at my number one recommendation for making money online.

Like you, I have always been on a constant lookout for income opportunities that can significantly help finance the life that I want. 

I have tried the stock market, real estate investments, freelancing sites, but I guess I just got lucky when I stumbled upon affiliate marketing.👇 


 Build a $6000 a Month Affiliate Marketing Blog In Less Than a Year = 🤩


Unlike the stock market, where your main goal is to grow your capital, affiliate marketing is a business model that allows you to build a consistent monthly income without all the hassle and sharp downturns you can experience from the market.


And believe it or not, it only gets better. 😃


The internet is growing day by day. That means that now is the perfect time for you to dive in and take advantage of all the opportunities and build your affiliate marketing business in a niche you’re passionate about. 

And if you’re already prepared to seize this opportunity, then why not consider having me as a 24/7 mentor so that I can guide you every step of the way and help you achieve financial freedom. 


With affiliate marketing, you can unleash your creativity and hone your skill by establishing your very own digital business. 

A business where you can make good money without ever stepping foot into a four-walled office. Does that sound exciting? Then you have to understand the basics and follow a proven blueprint for growth. 

You see, this form of business is not something that can produce loads of cash from thin air!

It is still very dependent on how much time you will set aside to focus and do things right in this field. I am saying this now because I do not want you to expect this easy, peasy get-rich-quick scheme. true wealth newsletter reviewInstead, it is a business that entails hard work, professionalism, persistence, and passion.

It does not matter even if you are a tabula rasa in this field because, with the help of my most recommended online community, you can get instant access to tools and lessons that can help in jumpstarting your business.


The community I’m referring to goes by the name of Wealthy Affiliate.

I’ve been a premium member for a while now, and I sincerely believe that my skills as an affiliate marketer can be attributed to them because, with WA, I was able to:

  1. Develop my profitable site (the one you’re on now) ✓
  2. Make a business without any having any expertise. ✓
  3.  Spare time and spend it on other activities I’m passionate about. ✓
  4. Earn from my affiliate links (commissions) ✓ 
  5. Write this article from anywhere in the world (at 3:21 am 😴 )  ✓


I do not want to sound like I am hyping it all up, but this is seriously some of the most important reasons as to why I am earning what I am earning today. 

And if you want to ride the train, then I suggest you start now by signing-up for the forever free trial and experiencing this wonderful community at close range. 😊


Create a FREE Wealthy Affiliate Account ( … and grab your Bonuses 🎁 🎁 🎁)


As I end this article, I hope that I was able to help you in forming your decision on whether you should pursue subscribing to True Wealth by Dr. Steve Sjuggerud.

 If you have any questions or clarifications, please let me know about it by leaving a reply in the comment section. 

And if you feel that this post has immensely helped you, it would mean a lot to me if you can share this with your friends through social media. 🙏

This will help my blog and help me in my advocacy of spreading the truth about different online services and products relevant to finance.


Want me to review something for you?

Finding yourself stuck on whether you should purchase or subscribe to a product? Allow me to give you the first dibs and my honest opinion about it in an instant. Just drop the name below, and I’m on it. 👍

Your friend might want to know about this:


  1. A COMPLETE RIP-OFF! I know because I tried some of his suggestions, and they were completely bogus. Do not, I repeat, DO NOT waste your money.

    1. As said, his suggestions are just that, suggestions. The only reason why I applaud this newsletter is that it gives a pretty balanced view by discussing the pros and cons of investing in specific stocks – a great way to figure out an investors’ thinking process.

      Oh, and I also said that it’s primarily for beginners, so I can only guess why you’re saying that.

  2. Typical Wealthy Affiliate BS

    *SMH* – if you DID actually look at the newsletter, you’d know that it’s much better than Wealthy Affiliate, and you would not be wasting your time trying to rank for EVERY product on the internet (without actually TRYING it) then saying Wealthy Affiliate is better.

    Well, at least i know I can’t trust a thing you say on your website – so thanks for that…. 🤷‍♂️

    1. You seem bitter, and I can only assume why.

      I’m not even trying to compare Steve’s newsletter to Wealthy Affiliate.

      Instead, I’m trying to point out that there are far more reliable platforms to learn from than merely relying on recommendations from newsletters such as the one I’ve reviewed here.

      I’m sorry if you failed miserably before, but that has nothing to do with the platform’s legitimacy.

      It seems to me that you’re just another sore loser who can’t bear with the fact that people do make money with WA. (and by the looks of it, you tried it out and didn’t!)

      1. Yes, I’m bitter.

        I wasted 2 1/2 years of my life with W.A. building blogs just like this, calling everything a scam (like they teach/taught) and only made a few bucks here and there.

        It wasn’t until I QUIT WA, focused on A REAL online business and started making REAL money online (6 figures per month) that I realized what a total waste of time W.A. is.

        How much are you making btw, NOT from promoting W.A.? B.C. from what I see, that’s all you’re doing.

        W.A.’s Secrets to Success:

        Step 1: Do a fake review of EVERY product, even if you’re never tried it (like you clearly haven’t)

        Step 2: Either call it a scam or just say it’s not as good as Wealthy Affiliate (BTW, this program is AMAZING, if you knew anything about it you’d realize that Steve’s newsletter is 1000% better than W.A.)

        Step 3: Promote W.A. As THE #1 Best Option to make money online!

        Step 4: Realize after a few years that you’re ONLY making money off of searches for other products, and you’re nowhere closer to being a real marketer than you were when you started!


        FORMER W.A. Member

        Raleigh, N.C.

        1. I’m sorry that you’ve had such an experience with WA. Most of the things you said only reflect your failure. I’ll be happy to help you out if you’re willing to give WA one more chance.

          First of all, you’re wrong! Some so many people have success with this program, but some failed and complained about it! (you)

          Second of all, my review is merely my opinion about Steve’s newsletter. I’ve pointed out the good and bad sides of it, and let the readers decide whether they should subscribe or avoid it altogether.

          At the same time, I’m introducing people to the platform that personally gave me the knowledge to earn my freedom. (and yes, I do make good out of this – another proof that it works).

          I know you’re very much aware of the opportunity that WA offers, but I’m also happy for you that you’ve moved on to something else.

          You may have reached the desired level of success with WA, but by the looks of it, you’re pleased with where you at now.

          Once again, I’ll be happy to help you out if you change your mind!

          1. LOL, how can you have an opinion of a program or newsletter you’ve never looked at or tried?

            Answer me that please?

  3. Gorjan,

    I must say, you’ve done a sterling job of unbiasedly answering the questions concerning the legitimacy of Dr Steve Sjuggerud and his services.

    I particularly like your candid and sound advice concerning the newsletter subscription and the intricacies of the stock market.

    And yes, affiliate marketing is an untapped goldmine that tons of people are missing out on. It may take a bit of time to realize good money from it but it is reliable and if you treat it like a real business you will do well.


    1. Hey, Femi.

      Thanks for stopping by on my blog, and allow me to follow up on your statement. Affiliate marketing is undoubtedly a great way to make a living working online, and some so many people still haven’t realized that.

      It doesn’t have to be slow (you can always use paid traffic), but the approach that I recommend is much better, budget-friendlier, more stable, but it also requires more time.

      As I always like to say it – Treat it well, and it will treat you the same way.

      Once again, thanks for taking the time to leave a comment and share your opinion with me. I very much appreciate it.

      PS: Do not hesitate to reach out to me if there’s somehow that I can help. 😊

  4. Hi, LJ Kudos here!

    thank you for reviewing Dr. Steve. After reading this it’s definitely someone that I would consider trusting if I’m ever ready to invest in such a newsletter.

    You never can be too sure these days with all the supposed gurus online.

    This guy sounds legit though…so it’s all good.

    look forward to the next review.

    1. Hey, LJ! It’s good to see you on my blog, bud.

      Thank you for sharing your honest opinion with me, and rest assure that you’re in safe hands if you decide to follow Dr. Steve’s advice one day. Until then, watch out for “200K/Day” gurus, and most importantly, learn and enjoy the process at a pace you’re comfortable in.

  5. I must say the Dr Steve Sjuggerud is completely new to me. But I have learnt everything I need to learn as an online business owner to go ahead and check this awesome newsletter out. You have put down everything in detail and it looks like this is not a scam for sure. The owner of this program has plenty of experience under his belt to assure anyone wanting to subscribe.
    Also it’s affordable too

    You have helped us all out here.

    Thank you

    1. I’m glad I was able to help, Habib.

      Dr Steve Sjuggerud is indeed a hotshot, and he’s a very knowledgable person that you can trust. As for the price – it doesn’t get any cheaper than that!

  6. What a coincidence! My wife and I have been apart of WA for nearly three months now we can not say a bad word about it so far.

    Yes, we agree with you that this platform has the best perks that money can buy, and the hosting is faster, the traffic that we get is much better, and the rankings are more frequent.

    The faster you turn to this platform, the sooner you will be making money. Gorjan really knows what he is talking about. (let this be a message to all of your reader)

    We look forward to your next article and waiting patiently.


    1. Hey Mathew. (and Deloris)

      I sent out an e-mail containing some valuable information regarding the onboarding process at Wealthy Affiliate.

      Make sure you check it out since it’s jam-packed with useful tips on how to drive even more traffic to your posts, and rank for keywords that none of your competitors are targeting. (my blue ocean tactic)

      I also included my username just in case you want to reach out to me. I checked out your site, but I’m not sure how well you’re progressing. However, I sincerely hope that you’ll be able to make your first sale within the following 2-3 months. (since your site is relatively fresh).

      Thanks for stopping by, and for your kind words. Hopefully we can stay in touch.

      All the best!

Comments are closed.