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.

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.

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.