Being a Genius isn’t so bad…

Back in October 2009 I made an investment in Genius Funds. This opportunity was highlighted to me via a newsletter that I received fairly regularly. The information provided suggested that Genius Fund had been around for some time and had very few issues to deal with.

Given such a positive report I decided to invest and so far I have nothing to complain about. Rather than put all the money in one fund I decided to split my investment, one into the daily plan and the other into the weekly one. You are also able to compound your earnings by specifying a percentage to re-invest.

Somewhat bizarrely the company were recently criticised for making a charitable donation to the victims of the Haiti earthquake and it took some time to convince sceptics that the company were donating funds that belonged to them rather than to their investors. This has now been sorted out and once again performance is progressing nicely.

There are quite a few ways to make a deposit including Liberty Reserve, AlertPay, StrictPay, SolidTrust Pay, Perfect Money and Bank Wires. You will need to check just how much each method has as a minimum.

For the daily plan the returns range from between 1% and 1.5% depending on the sum invested and for the weekly plan the range is from 6% to 8%, again dependent on the sum invested.

So, if you are looking for a dependable investment opportunity you would do a lot worse than check out Genius Funds.

FXStar shows where the money is…

I recently joined a new investment opportunity that makes its return by trading on the FOREX markets. Now, sometimes it isn’t always easy to verify just how a programme makes a return and you have to rely on what you’re told without too much proof.

FXStar is different as they not only declare that they make money in FOREX but also allow you to see what money was invested on a trading day, the number of trades made and the return for the day. In fact you can ask for this information to be sent to you by email without having to go near the website.

It does appear that FXStar is going the extra mile to ensure investors can part with their funds with a degree of assurance that it is being invested wisely. Together with trading results you are also able to download a small desktop utility that allows you to track your investment without having to log in to your account.

For those who like to keep a weather eye on transactions to their account you can also opt for SMS notifications.

The majority of investment plans require you to invest for 100 days and depending on how much you invest will determine the daily interest rate you receive. If 100 days seems too long with such a new investment then the Start plan is a more manageable 30 days for which you receive 1 percent a day. There is also an ability to compound returns if desired.

WBwso maintains steady progress and payments…

Often I write about programmes that publish updates or for one reason or another have issues to deal with. This means that programmes that don’t suffer from problems like this tend not to get the exposure they deserve.

This is a shame because it means readers could potentially miss out on a programme that has great potential and good rewards but keeps a relatively low profile.

One such opportunity is WBwso which I invested in some while ago. They are performing well and from what I can see the membership is very satisfied with how things are going.

If you are not familiar with WBwso I should explain that it is a UK based company which develops websites to the point where they have the potential to make a regular profit and then either sell them on or continue with them themselves.

You can find more details on how everything works by signing up for free at WBwso and reading the specific information there. You don’t have to invest straight away and in fact it was some 3 months after I joined that I actually made an investment.

I have to say that everything is working very smoothly and profits are regularly recorded in my back office. Reading elsewhere also indicates that WBwso have a solid business model and many enthusiastic members.

When I first posted about WBwso several readers joined up and like myself are taking the time to evaluate how they perform before actually parting with funds. This is a sensible approach although you shouldn’t wait too long before deciding whether to invest or not as earnings could be lost were your decision to go ahead.

Invested in WBwso to start the New Year…

Last October I was contacted by a subscriber who told me about WBwso. This is an investment opportunity where your funds are used to leverage the income that can be made from websites.

When I first looked at the site it took a while to get my head around how everything works and what the potential returns might be. You do have to join the site to gain access to the detail that explains how it all works but as joining is free and you don’t need to make an investment then that is not really a problem.

One thing I like is that there are several investment options so there is generally something available to suit all investor appetites. I’ve decided to go for a longer term investment and that will hopefully provide a very good return over the designated period.

Given that I joined in October of last year and have now only just invested you’ll probably realise that I’ve been keeping an eye on how things have progressed and decided that now would be a good time to invest.

As investors you have no work to do yourself and the company behind WBwso have refined their processes for it to be highly automated. This enables a fast turnaround and provides continuing opportunities.

There are a wide range of payment options including AlertPay, Liberty Reserve, Perfect Money and cGold.

SwapGold provides a reliable and fast service…

Recently I had to carry out an ecurrency transaction between two payment processors. Never having done this before I was a little wary about the best way to do it. There are many horror stories where people have been duped of their money and I didn’t want to be another of those statistics.

Doing some research I came across SwapGold and decided to see if their service was as good as the reports I’d read. As you don’t need to sign up it makes it very quick and simple to carry out a transaction. You just need to specify the to and from payment processors and the amount to transfer (in USD or EUR).

Given that there are quite a number of payment processors in existence the site is set up to allow quick access to the most popular ones. If you find a payment processor that may be new or not already listed at SwapGold you can contact the site and they will provide details of how they could complete the transaction.

SwapGold are based in Singapore and the service is available 24 hours a day 365 days a year so if you encounter problems then you should be able to receive help quickly.

I did my transaction on a weekend and when I’d completed the details the response I received was that it would be completed within 3 hours. After the 3 hours had passed and the transfer hadn’t taken place I went back to the SwapGold site and noticed that the message had changed to say that it would be completed within 24 hours.

I’m not sure why there was a change, perhaps it was because I was doing this over weekend but you should just take note if you are doing an urgent transfer. I’m still happy with 24 hours though and in fact it was completed well within this time.

Overall my experience with SwapGold was very positive and I’m sure that it will be a service I use in the future.

Genius Fund keeping members up to date…

At the risk of scuppering yet another online investing programme (see previous posts about Vanfunds and Cash Tanker) I’ve just received a positive update from Genius Funds.

They have now expanded their translated versions to include Spanish and French. It seems to me that Genius Funds has a very clear business plan and are following it quietly and calmly. They don’t create a lot of speculation or comment but do pay regularly.

The update also mentions that compounding is available on all investment plans. To me this is a real strength of Genius Funds as you don’t have to start with a large investment. Assuming you can truly practice patience you would be able to compound earnings and see your fund grow steadily.

In previous posts I’ve given my view on retrieving seed capital in a timely manner and I think Genius Funds is an example of where I would invest a sum that wouldn’t impact me if it was lost for any reason. Assuming that doesn’t happen the regular drip feeding of earnings would create a potential long term income for the future.

I’m sure others would disagree with this approach but given that Genius Funds has been paying for a significant time already I think the risk is worth it.

As far as available plans go there is both a daily and weekly one, the daily EMGF pays between 1.0 to 1.9% and the weekly WBMF pays between 6.0 and 9.0%. The variability of interest attaches to the sum you invest, the more you deposit the greater the return.

For members who use AlertPay the company has now got agreement that deposits can be made with a credit card. This won’t suit everyone and you should think carefully before using the facility but it does provide an alternative funding method. Other funding methods include Liberty Reserve, SolidTrustPay, StrictPay and Bank Transfer (note that higher deposits are needed when using this method).

Finally, site security is being beefed up as a recent DDOS attack created some website uptime problems and this is being addressed.

Why it’s important to have more than one payment processor account…

Back in the days when online investing was in its infancy newcomers found it difficult to understand just how you transferred funds from your bank account to a new investment programme. Normal methods weren’t feasible and e-currencies were a new concept that many found confusing.

As time has gone by knowledge and experience have made things clearer and now the majority of people are comfortable in using what are now more commonly known as online payment processors. These organisations act as an intermediary financial payment system helping you to deposit and withdraw funds.

As payment processors are virtual organisations opportunities were created for the less honest to profit by embezzling funds from their members. Even if criminal activities were not necessarily involved regulatory problems meant that some processors just couldn’t survive.

So, online investors not only have to deal with programmes that fail but they also have to be wary of the payment processors they use. Whilst things have progressed in the last few years and there is more transparency you will often see reports regarding payment processors and the problems they have to deal with.

Currently one of the most popular processors, Solid Trust Pay, has been subjected to a series of problem reports and it is not clear whether this is just an operational problem or whether there are more serious issues to resolve.

This example emphasises the need to open accounts with a number of payment processors as this will provide some mitigation if problems arise. However, it should not be forgotten that some programmes will only allow you to withdraw funds to the processor that you made the deposit with. If this is the case then you still have a potential problem. In an effort to address this problem some programmes are offering the ability to transfer funds internally from one processor to another. Assuming this doesn’t contravene any regulations then this option, if available, may be worth considering when selecting an investment.

There is little chance that the need for payment processors will ever disappear so it is important that you set things up correctly in the first instance and open a number of accounts that will provide a good degree of flexibility.

I have accounts with AlertPay, StrictPay, Liberty Reserve and Global Digitial Pay. So far I’ve not had any real problems with any of these companies and they do represent payment processors that are accepted by virtually all online programmes.

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.

Affordable Affiliates seem to be a genuine opportunity…

One opportunity that seems to provide a good return to its members is Affordable Affiliates. Unlike many other types of investment in this one you make money by providing funds that are used to buy and sell a range of items such as furniture.

As far as I can see this is a very viable operation and the site provides a raft of up to date information about how things work and what sort of payment regimes they offer.

They use Solid Trust Pay and AlertPay as payment processors with minimum deposits being $100. Interestingly there is a maximum deposit of $500. It seems this has been set so no-one can distort the potential earnings.

I’ve been monitoring the site for several weeks now and I’ve decided that there is definitely some potential for Affordable Affiliates.

It’s good to see an opportunity where you can see just what your money is being used for as this information is provided once your funds are allocated.

Also, Affordable Affiliates limit the amount they take from your deposit for each item so you are never exposing a high amount of your fund at any one time.

Everything I’ve seen is very promising and I’d highly recommend taking a look for yourself.

Thirty Dollar Unit is resolving AlertPay issue…

It appears that some people have created difficulties at Thirty Dollar Unit by making mistakes at AlertPay. It seems that a lot of people use the Thirty Dollar Unit email address in the payment details which is clearly incorrect. Also, someone may have tried to open an AlertPay account with the Thirty Dollar Unit email details which has caused increased difficulties.

Luckily the admin is well aware of the situation and is in the process of clearing the problem up.

It’s a shame that this has happened at such a key time for the programme as final applications are required by mid-February. So, for the time being the only payment method available is Solid Trust Pay.