This is My Stock Trading Journey

How Much Did I Pay?

November 23, 2014 | 7 Comments

One question I am often asked is, how much does Neuventure on Wall Street cost? That question has a complicated answer that I can only answer from personal experience stating how much I spent and how much I have heard them offer their seminars, cruises, Practice in Paradise, home study courses, webinars, etc for. These prices often change. In fact if you’re at one of their seminars you’ll see them pull out a current price sheet that changes from time to time. Prices vary based on whether one pays cash or sets up a payment plan. There is also a discount on everything if one is an Insider. So let’s dive in.

One can buy each seminar separately or choose to buy Seminar 1 and 2 together which they call “Flight School.” This cost my husband and me $6400 cash. It would have been more had we not paid cash. They also have “Top Gun” which includes all their Seminars 1-4 and sometimes a bonus Entity Seminar. The sticker price is $41k but with ‘discounts’ it’s usually between 12k-14k. Remember these are just general figures. You would need to talk to NVOWS to get exact numbers. “Top Gun” usually includes some extra perks like a few months of free webinars or “Insiders” etc. You can become an “Insider” for $49.95 per month. This includes Market Alert emails that are sent out most trading days with updates on what is moving the market. They also periodically post stocks to a stock calendar that they think might be nearing good buy points. There is an Insider section on their site that has tutorials, a list of best and worst performing industry groups, a list of the most fundamentally sound stocks and a weekly article written by David Mitchell that gives an overview of the past week of trading and news ie market tone. For those who use the NVOWS recommended Telechart stock charting software Insiders also Includes David Mitchell’s current settings that are available to download.

Then there are lots and lots of up sells beyond the seminars themselves. Home study courses at the time of this writing have a sticker price of $850 each. You read that right. But at the Seminars there is usually some sort of deal offered on them like 2 for 1 for example. According to NVOWS website 6 types of webinars are offered. We have been on the coaching webinar since we started a few years ago and it’s around $20 a month and lasts 55 minutes on Monday evenings. The other webinars offered are more specialized and more expensive. The options webinar for example has a sticker price of around 9k. Then there are trips/cruises where certain strategies are taught. The sticker prices of these range from around 17k-25k. As you can see there is plenty of money you can spend to get the full picture of what they offer and they seem very careful, almost secretive about not letting out any information that they offer for these high prices.

Let me be completely honest here. Over the past 3 years of trading with NVOWS training I have come to believe that if you can afford all the seminars, webinars, home study courses, trips, coaching, etc, you will have a very solid foundation of knowledge to trade the markets. If you can’t however afford all they have to offer there will be gaps in your knowledge and you will need to seek it out on your own. They seem very good at holding back just enough knowledge so that you will have to buy the ‘next thing’ to improve your trading. It’s a business. One thing you can do is shop around. There are many companies that teach people how to trade and this may be one of the more expensive I’ve run into so it’s important to look into your options and make an educated, God guided decision before investing.

7 people are talking about “How Much Did I Pay?

  1. Hi, you mention “knowledge” is there a booklist you can share with us, or is the “knowledge” they provide exclusively obtained from NVOW?

    • David Michell has mentioned before that he really likes anything by William O’Neil so that is a good place to start. I have just started diving into one of his books and so far it is very similar to what NVOWS teaches. If you click around my blog, on some pages you’ll see some of my recommended books on the right hand side. A free resource is Trade Smart University’s free 8 session scholarship course completely online. It has a lot of good, helpful information and a good overview of the market and trading as a whole. What NVOWS teaches is in no way secret or can only be obtained through them. It’s out there on the internet and in books. They just filtered through it all, kept what they thought was the best information and way to trade and put it in a simple format to learn. With a lot of time and effort you can learn this without NVOWS. Many find it easier to hand over the cash and have NVOWS teach them.

      • thank you very much for your response it is of great help and I am ordering the books on eBay right now you have no idea how positive your blog has influenced me god bless you

  2. It just makes me ill to my stomach to hear how much you are paying for this “advice.” You would have been far better off putting all that money in an S&P500 index fund and saving all the time and hassle of trading. If you want to really know what is going on in the macro-economic situation and when it would be advisable to get out of an index fund that tracks the overall market, go here: http://www.aftershockpublishing.com

    Buy the book, read it, and be prepared. Swing trading might work in a market cycle economy, but you are going to get crushed when interest rates start going up and the dollar bubble pops. You will not be able to get to the exits in time being a small time trader.

  3. I just finished NVOWS Seminar I tonight. I am feeling pretty overwhelmed with all the information. I know I haven’t learned enough yet to successfully trade on my own, but I’m also pretty sure I don’t want to fork over 10K for the next seminar. I did enjoy it though, and learned quite a bit, since I knew zero going into it. The speaker was Mark, and he was quite good. Not sure what my step will be. I have enjoyed reading your blog. I am a married mom of 3, working part-time as a nurse to help with college costs. Our youngest is 17, and our oldest graduated last May with her Bachelor’s. I would love to get through the next 5 yrs with more financial breathing room, as well as pay off our HELOC loan, give more at church, and maybe still take vacations. At-home trading for cash flow sounds wonderful, but I don’t know if I will be good at it or even enjoy it. Lots to think about.

  4. Wow, I have been very interested in the program after hearing it for a year on the radio. Your post have been very informative and greatly appreciated. I must say that I am disappointed, at this time I do not have that kind of money to invest in to any training. It does seem misleading when you’re talking about such large amounts. Thank you again.

  5. As an ex employee of his company I can say that most of his information was pulled from Wade Cook seminars. As a matter of fact, if you can get a hold of one of the companies first Seminar I books, many of the illustrations are plagiarized from Wade Cook’s stock market seminar workbooks.

    My advice, save your money.

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