Recommended: Go here to see my #1 recommended stock advisory service Who Is Brad Thomas?Īccording to the Wide Moat Research website, Brad Thomas is a former real estate developer who, at one point, had $100 million of real estate under his management. Note: This review was originally published in late 2022, but I updated it in April 2023 to reflect changes to the model portfolios and service in general. And the picks are grouped together in four different portfolios: the SWAN, REIT, Core, and Special Situation portfolios.Īside from stock picks, you also get access to monthly newsletters where Brad shares his take on the market (and typically releases a new pick), and there are several research reports breaking down his recommendations.Īhead, I’ll show you what the service is about in more detail, give you a sneak peek inside the member’s area, and break down the model portfolios.īut first, let me show you what I learned about the man behind all of this, Brad Thomas. Basically, this service caters to investors who are looking for long-term, buy-and-hold dividend stocks.Īt the time of writing, there are over two dozen stock picks in the model portfolio that all pay dividends, most of which are large-caps. And according to Brad, the “cornerstone” of everything he and his team do centers around the goal of generating “reliable and predictable passive income.”Īfter paying the $49 to join, snooping around the member’s area, and reading Brad’s newsletters, I can safely say that, yes, it is legit.Īs for whether or not it’s worth it, however, I think that will depend on what sort of investments you’re interested in. In short, The Intelligent Income Investor is an investment research service published by Wide Moat Research, which is run by Brad Thomas, a former real estate developer turned stock picker. Is there a conflict of interest, is content sponsored to push a narrative, are the journalists letting their own beliefs take over what's actually true? I don't know but don't trust what they say.I’ve seen numerous ads for Brad Thomas’ Intelligent Income Investor service lately, so I decided to sign up to see what all the fuss was about. Now you take off 15% taxes so that's $300 off, leaving you $1700.Īs you can see with this example, Forbes tends to push false narratives that can be mathematically proven false. If you pay taxes later, you invest $1000 and it doubles afterwards so that's $2000. Let's say taxes are 15%, you invest $1000 and will double your gain over time.īy paying taxes beforehand, you only invest $850 after taxes, which will double, so that's $1700. It may be counter intuitive but it's entirely false. I read Forbes more than I would like to because they often cover topics of interest for me, namely regarding the stock market.īut they provide factually false information and as "investing experts" they know that they're providing false information.įor instance, they constatly trash Roth IRAs versus traditional IRAs because "paying taxes beforehand will make you earn less compared to someone whom only pay taxes afterwards whom have a big headstart". But I doubt that will ever happen because I suspect that money is more important to Forbes than the thousands of people who believed that any subdivision developed by Forbes, and with Forbes name on it, was legal and not a scam. Forbes should step up and do whatever is now required by Missouri DNR to make Forbes LOA subdivision legal. This (retroactive) regulating from DNR against those who bought lots in Forbes LOA subdivision in good faith over the last 40 years, believing the subdivision was a legal subdivision, is harming 3500 lot owners. Missouri DNR is now considering it illegal for 3500 lot owners, who have been paying taxes and association dues for almost 40 years, from building on or re-selling their lots. Now Missouri DNR has decided to go after all the current lot owners and after the private Forbes Land Owners Association due to Forbes company not following the subdivision laws at that time. Forbes company created a 12,800 acre, 3500 lot, subdivision in Missouri called Forbes Lake of the Ozarks Park in 1983-1984, but they failed to bother to get the legally required Missouri Department of Natural Resources approvals to make this subdivision a legal subdivision.
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