Mr C.
Be contrarian & steer clear of Bernie Schaeffer's no research service.
Like others have mentioned they pressure sell, having signed up to the Elite Trader their recommendations have been totally off and nonsensical in some cases. I am in 4 digit losses and asked for my money back, which they have refused. When I complained, they highlighted Bernie is a contrarian investor. I wish they had told me that before I paid any money to them. Some of the stock picks are totally crazy, but I was assured they do all the heavy lifting and research. That's simply not true. I had thought about being contrarian myself and doing the exact opposite of what they recommend. I think then I would make some of my losses back. I would steer well clear of them if I were you.
Response from Schaeffer's Investment ResearchMar 12, 2026
We’re sorry to hear that your experience did not meet expectations. Trading involves risk and outcomes can vary depending on market conditions and individual execution. Our services provide research and trade ideas, but investment decisions ultimately remain with the subscriber. We encourage you to contact our support team directly so we can review your concerns and assist further.



