The year 2020 is, by far, one of the worst we have experienced from many points of view and, unless you’re Amazon or Walmart, chances are your business's revenues have dropped. So, how would you feel about making enough money to secure a happy retirement and afford “new bling for your wife” or a nice dinner out, taking a big bite of life’s small pleasures?
With his latest marketing campaign, Teeka Tiwari has launched a new public stock program called “The Tech Royalty Retirement Plan” where you can “collect $180,472 every year”. With as little as a $100 initial investment, Tiwari takes you on a long and strenuous journey through the new tech possibilities of the current year, including investing in “tech royalties”.
Tiwari teases a Tech Royalty Retirement Plan stock in a marketing campaign for his Crypto Income Quarterly Newsletter. By following the investment advice Tiwari gives, you are promised to “enjoy income for life” and live a worry-free life without having to go through your 401K.
As with many of the author’s stock programs, this sales page claims it already helped many followers to turn small investments into huge gains of over $1 million. But is this new tech investment opportunity or, how Teeka calls it, tech royalty, a scam, or legitimate?
The program is described as a “royalty stream that allows you to collect cash in your hand every day, week, or month”. Tech royalties are described as similar to regular royalties from an income fund, but with a higher payout than a traditional dividend.
The key to making money we are told is to invest in Tiwari’s Crypto Income Quarterly, which is defined as a “tech royalty retirement plan” and marketed as the Income Quarterly Newsletter. Basically, you’ll have to pay $2,000 upfront to join the club and then spend another $249 every three months to receive specialized advice on which cryptocurrencies to invest in. Apart from that, you're offered many bonuses, including periodic email updates, crypto video guides, and the “Income Crypto Quick Start Guide”.
On his personal page, Tiwari describes himself as “one of the first investing experts to explore cryptocurrencies” and a financial pioneer. He is a former hedge fund manager who made most of his current fortune on Wall Street before deciding to take a leap of faith and plunge into the unknown world of crypto back in the early 2000’s.
He is the one who recommended Bitcoin and Ether in 2016 and, ever since he has recommended over 40 cryptos, claiming to have helped thousands of readers turn their lives around and becoming successful investors in the so-called “tech royalties”. And, with Bitcoin’s possible comeback in 2020, there might be a good investment opportunity to explore.
In the teaser, you might have heard the phrase “tech royalty” about more than a dozen times but, in reality, Tiwari is referring to cryptocurrencies, one of the most volatile selling and buying tools in the world.
Highly revered by some, cryptos have received a lot of backlash from skeptical people about their long-term market resilience. Seen as an alternative payment method, cryptocurrencies boast many benefits which have been welcomed by most of the big companies in the last few years. However, the main problem is the medium of exchange’s volatility.
As an investment opportunity, cryptocurrencies seem to be increasing in popularity by the year, as more currencies pop up, aside from the famous Ether, Bitcoin, and everyone’s favorite Doge Coin. So, can you make money out of these “tech royalties”? Teeka Tiwari says you can, and, generally speaking, crypto currencies have aged pretty well thus far, despite their unpredictability.
What he's teasing here is one company to get rich off of, that has something to do with these “tech royalties”. So… what you've all been waiting for… let's expose this company once and for all.
The Company Being Teased
As with other similar exposes, we try to offer our readers relevant information about each case so you can see for yourselves whether or not the stock is indeed a game-changer. So, let’s take a look at some of the clues dropped in the teaser and try to find out what Tech Royalty Retirement Plan company Tiwari refers to.
- It promotes new investment opportunities and an “outside the box thinking”, usually handling tech royalties which were exposed as cryptocurrencies.
- It claims to offer “breakthrough” information and that only a few people in the market know about this company.
- After going through the video presentation or reading the script, you’ll find out that it advertises a product named Crypto Income Quarterly, an advisory service with a $2,000 annual subscription fee.
- He claims to have found an investment involving tech royalties that is worth holding onto for the next decade.
By searching all these key-words and catchphrases, and considering Teeka Tiwari’s background, we think that the stock being advertised is actually the Grayscale Digital Large Cap Fund (OTC: GDLC).
Grayscale enables investors to gain exposure to the price movement of a diversified basket of large-cap digital currencies through a publicly traded investment vehicle, avoiding the challenges of buying, storing, and safekeeping digital currencies directly.
From the company’s website, we find out that GDLC is Grayscale’s fourth publicly-traded investment product. Their family of funds includes Grayscale Bitcoin Trust (OTC: GBTC), Grayscale Ethereum Trust (OTC: ETHE), and Grayscale Ethereum Classic Trust (OTC: ETCG). All together managing approximately $2.2 billion in assets.
With claims like “gains of 120%, 550%”, by Tiwari it makes us wonder about GDLC’s own past performance.
Is It a Good Opportunity?
Tiwari seems to be highly optimistic about the future of cryptocurrencies. Maybe they were “all the hype” back when they first emerged in the early 2000’s but, with so many new ones popping up, are they trustworthy and safe investments in the long run?
Like many open-ended investment vehicle’s, Grayscale’s Digital Large Cap Fund can be given a quick layman’s test to determine its invest-ability – by determining the premium or discount to its net asset value (NAV).
The current premium over NAV for GDLC is some 17% as of the time of this writing. Not bad, considering some open-ended funds today trade at over 200% premiums, but definitely not a bargain either.
The fund is nearly three quarters composed of Bitcoin, followed by Ethereum, XRP, Litecoin, and Bitcoin Cash respectively. It has had a cumulative return of -70% since its inception in early 2018, which outlines the extreme downs and not so much the ups of investing in an exotic asset class.
That said, the digital world and cryptocurrencies are clear alternatives to stash away funds in uncertain market environments like the present, so you can always decide whether or not this asset class is right for you given your individual risk tolerance.
Quick Recap & Conclusion
- Crypto Income Quarterly is a newsletter formulated by “Wall Street financial guru” Teeka Tiwari.
- He sells his product for an initial fee of $2,000 and another quarterly payment to have access to professional advice on how to make money with his “tech royalty retirement plan”.
- The Crypto Income Quarterly newsletter includes, among other bonus products, a Top Three Tech Royalties in 2020 for Early Retirement, Wilson’s Crypto Insights, periodic email updates, and crypto video guides.
- He urges you to invest in cryptocurrencies but the traditional process through which you can do so is sinuous and takes a lot of time. Most of the information presented is relevant but exaggerated so that you could think that anyone can become a successful cryptocurrency investor and miner overnight.
- We uncovered the stock through which you can easily gain exposure to various cryptocurrencies (tech royalties) – Grayscale Digital Large Cap Fund (OTC: GDLC)
How do you feel about cryptocurrencies, do they represent the future or are they a fad? Are you invested in any publicly traded funds or stocks offering direct exposure to crypto? Or do you hold Bitcoin or other coins directly?