Am I a Genius…only time will tell!

Following some transactions in my AlertPay account I discovered that I had some surplus funds which weren’t working on my behalf.

I decided to do some research and see whether I could find a home for these funds that had the potential to provide a good return over the long run. At the moment I’m more interested in building up a reserve that will be available to me in about two years. I didn’t need these funds for any immediate needs so am happy to invest elsewhere.

If you are a regular reader you will know that I’m invested in several Reverse Pension Plans and don’t feel that I need any more at the moment so I was more interested in a managed fund that could provide a reasonable return and would be around for the long term.

Also, of course, it had to accept AlertPay and in essence that was the toughest obstacle to overcome as there aren’t many about that do. Personally I like using AlertPay as I can transfer funds directly to and from my bank but it seems that they haven’t got the greatest working relationship with many program admins, but that’s another story.

Anyway, having done my research I decided to invest with Genius Funds and look forward to a long and profitable relationship.

Opening an account is very straightforward and it’s clear from the start that security is high on the list of considerations for members. As is becoming the norm you will need to activate your account via email and when you do this you will receive your account number which you will need to login with.

Apart from AlertPay you can also use Liberty Reserve, Perfect Money, SolidTrustPay and bank wire to deposit funds. The next thing to decide is which fund to invest in. There are 3 plans offering different investment terms. The first is a daily plan that returns between 1% and 1.9% per day depending on the sum you invest. Secondly there is the weekly plan where returns vary between 6% and 9%, again depending on the level of your investment.

You should note that the minimum deposit amounts vary depending on your chosen payment processor so please check that before going ahead.

The final option is somewhat different as they promote the HYDA plan as akin to a normal bank account. So, for a minimum investment of $300 you will receive a monthly return of 14%. If you invest between $5000 and $50000 you can receive 25% a month.

I don’t have space in a post like this to show all of the options available to you on Genius Funds but what I’ve shown should give you food for thought.

In terms of support you are able to contact them over live chat which is available 24 hours a day. If you look at the brochure which is available on the Genius Funds site you will see that they are based in Cyprus and provide an address and telephone number.

The brochure also explains how they achieve their investment returns and whilst I’m not an expert they do appear to have a workable strategy here. When doing my research it was clear that Genius Funds have a lot of loyal, satisfied clients so that also gives me confidence to invest with them.