We caught up with the brilliant and insightful Jeffrey Weber a few weeks ago and have shared our conversation below.

Hi JEFFREY, thanks for joining us today. What’s the kindest thing anyone has ever done for you?

I teach a unique contrary way of investing called AIM investing with long term options or LEAPS. Unfortunately, I have never been successful enough to hire any employees to help me despite making investors I help over $12,000,000 in my career – I’ve had to do all the work myself for my 33 clients. I’m 77 and really a little help because I work very long hours for very little pay.

I made a contact with a wonderful 82-year-old man who is sharp as a tack. We talked for hours about investing. He recently called me out of the blue and asked what he could do to help me at NO COST to me! I said I need an easy way to find out the weekly prices of 61 LEAPS and I would love to know the current prices of the 195 2027 LEAPS I suggest my clients consider for new buys.

Turns out Buzz is an expert computer programmer and could design a computer program to “scrape” the 52-week high & low prices and closing prices once a month for me! This help came at a particularly depressing time when I hosted a Zoom meeting about AIM investing and nobody bought my course.

Awesome – so before we get into the rest of our questions, can you briefly introduce yourself to our readers.

I got interested in investing at 8 years old. I loved trains and the Erie Lackawanna ran thru Ramsey, NJ. I read everything and read my dad’s newspaper and found the Erie Lackawanna RR had stock selling at $2.62. I asked my dad to buy me 100 shares with my savings. He was burned by the Great Depression and hated the stock market and wouldn’t buy me 100 shares.

I went down to our basement in Christmas 1955 and was completely surprised that my dad bought me a model train set. When I checked my Christmas stocking, I was even more shocked that somehow my dad bought 5 shares of Erie-Lackawanna stock. Long story short – the Penn Central RR bought the Erie Lackawanna the following summer and redeemed every share of Erie for $16 a share! I was hooked on investing as the way to make my living!

After trying many ways of investing I found a book explaining Robert Lichello’s AIM investing. I immediately realized the potential of using a contrary way of investing and “buying low and selling high. At first I tried doing AIM with stocks, but they weren’t volatile enough. I kept reseaching and finally the perfect investment for AIM – long-term options (LEAPS).

I write a monthly newsletter, have made investors over $12,000,000 since I started. I give away 2 free books and sell 2 books. I have published several free videos, many blog articles, created a 9-hour course teaching AIM investing.

What sets apart is I care about helping people and given countless free hours of help and people are welcome to phone me anytime 7 days a week for advice.

Where do you think you get most of your clients from?

The best source of clients is word of mouth from prior clients. Several sons of clients started their own accounts due to the father suggesting to their sons this a great way to invest. One pilot was so happy he recommended me to several other pilots in this company.

We’d love to hear a story of resilience from your journey.

I have had several people who were enthralled with my investing style and promised to help me. He said he could help me sell 3,000 books a month. I did a lot of work including sending he a free autographed book. He suddenly stopped emailing me with no explanation. I sent several follow-ups but never heard back.

I fell for a scam in Germany while working for the US Army. Somone wrote me they wanted to buy 1,000 of books for their chain of bookstores. Told me not to worry they would pay me in advance. “Clyde” sent me a check for $6,000 to buy $3,000 worth of books. He asked me to do him a favor and cash the check and use Western Union to send one of his publishers $3,000 to pay for books he bought. I cashed the check and sent the money. Two weeks later I found out the check was a counterfeit and the bank said I owed them $6,000.

Contact Info:

• Website: https://jjjinvesting.com
• Instagram: https://twitter.com/jjjinvesting
• Facebook: https://www.facebook.com/jeffreyweber.376
• Linkedin: https://www.facebook.com/jeffreyweber.376
• Twitter: https://twitter.com/jjjinvesting
• Youtube: https://youtube.com/@jjjinvesting

Image Credits

None