Browsing Category: "strictpay"
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.
Strictpay show how an update should be done…
One of the recurring themes that investors have about virtually all programmes is the poor communication that pervades them.
At last at least one company has set a standard that others should follow. Now I’m not saying that Strictpay has always been a shining beacon in the murky world of programme communications but I do think is that the latest update provides clear answers and reasons as to why the problems they are facing occurred and what they are trying to do about it.
In summary, Strictpay has suffered over the last few months with both deposits and withdrawals where banks were involved. Complications explained in the update show that not everyone in the banking world are fans of companies like Strictpay.
Whilst I don’t think that the company is wholly out of the woods as yet the fact that they are acknowledging the problems is a very positive step in providing transparent communication with its members.
Let’s hope that other companies take to heart the lead being taken by Strictpay and follow suit.
Gold Nugget Invest still performing well…
Just looking back at my account records I noticed that I opened an account at Gold Nugget Invest in the middle of September last year. I must admit it doesn’t seem that long ago but at least the performance has been spot on.
Today I received another 6% weekly interest payment and this has occurred each week since the first investment. I know that Gold Nugget Invest has been serving members for some three years and whilst like all online investments they have faced the odd difficulty they have always overcome any problem.
I really like the new website they have as it is easy to navigate, provides all the functions in a nice interface and has strong security. They also keep in regular contact with their investors which to me is a huge positive when comparing with lots of others.
Just after I joined I saw some news that suggested that Gold Nugget Invest would be going private in 2010 so if you want to join I would do so sooner rather than later.
Returns are earnt from Sports Arbitrage Trading and minimum investment for the weekly 6% return plan is $50. If that is a little steep you can join with as little as $3 which can earn 0.8% per day. Once you reach the $50 level you can switch to the 6% a week plan.
If you have a spare $21,000 to hand you can earn 7.5% a week so there is definitely scope for earning a good return. Plans are open ended so you don’t have to worry about leaving your money invested.
Investments can be made via Liberty Reserve, StrictPay, Solid Trust Pay, Perfect Money and Bank Wires.
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.
Gold Nugget Invest encourage members to demonstrate their caring side…
For the last few years I’ve asked my daughters to make a contribution to a worthy cause on my behalf rather than buy me a present. I hope this gives them an idea of the importance of helping others and allows me to action the principle of paying it forward.
So, it’s good to see that an online investing programme is also taking an active role in encouraging members to help those less fortunate than ourselves. In a recent newsletter Gold Nugget Invest are asking their investors to make a contribution to two charities that they believe are fully deserving:
- Ugandan refugees who have suffered greatly from internal conflicts and poor harvests
- Kids for Life Foundation who help those youngsters suffering from AIDS
To provide an incentive Gold Nugget Invest are willing to provide rewards for those members who donate the most. For the four highest donations there will be deposits made in the weekly plan of $500, $250, $100 and $50.
So that everything is kept above board an independent overseer has been appointed to ensure that all donations are captured and that funds go to the right place.
In a recent post I made the point that online investing companies needed to provide greater credibility for investors to take them seriously. I’m glad to see that Gold Nugget Invest is showing some creative thought and this can only help the industry.
If you haven’t yet joined Gold Nugget Invest I would recommend you take a close look as this is a real opportunity and proves itself time after time.
Minimum investment is $50 from which you can a fixed return of 6% a week. If you have over $20K to invest the weekly return is 7.5%. Returns are achieved by way of sports arbitrage which is a reliable and steady source of funds. Funding is available via Liberty Reserve, StrictPay, Perfect Money, Solid Trust Pay or Bank Wire.
Cash Tanker goes quietly about its business…
When you look at the Cash Tanker site you’d be right in thinking that whatever they spend their money on it isn’t a flashy web design. In fact, you’d struggle to spend an awful lot of time there unless you are a member and even then what you get is short and to the point.
It took a few days to realise that on the Cash Tanker home page they show an updated record of recent deposits and withdrawals. Clearly it is not possible to verify this information easily but some of the figures they show demonstrate that investors are liking what they see.
For myself I’m very happy with the performance so far as each day I receive an email telling me that the interest payment for the day has been made. So far this has been as regular as a metronome which is comforting to know.
The fact that not much effort has been spent on the website suggests that they are more interested in earning the returns they promise and as far as I can see this strategy is working pretty well.
One thing that I do find quite strange is that the site has a red flag rating from WOT the organisation set up to provide internet users with the ability to rate websites. I’m not sure what this poor rating is based on as there really isn’t much on the site to evaluate. If you have an idea of why this situation is like it is drop a comment below.
Anyway, more importantly the plans available are 2% a day for between $5 and $1,000, 3% between $1,001 and $50,000 and 4% for $50,001 and above. Earnings are made on business days only so effectively five days a week.
You are able to specify the percentage of returns you would like compounded. You can deposit using Liberty Reserve, StrictPay, Perfect Money or ECU Money so a reasonable choice there I’m sure you’ll agree.
All in all it looks as though Cash Tanker will keep performing and is well worth considering if you have funds to invest.
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.
PTV Partner proving its mettle…
Any online investing programme has to prove itself very quickly. As with any new offering there is an initial honeymoon period where investors tolerate a few ups and downs but that doesn’t last long.
If problems persist then the word spreads very quickly and problems escalate. Luckily PTV Partner has bucked the trend and is going from strength to strength. In my opinion much of this is down to the fact that the admin and his team provide a variety of communication channels for the membership. Not only that they also provide timely and relevant updates.
One example of this is the new PTV Partner website. It has not yet been installed even though previous notifications said that it would be here by now. Rather than let malcontent fester the admin has continually updated members on the situation and explained that more work is needed to close vunerabilities that have been found during testing. To me this shows that this programme is planning to be here for the long term.
In an effort to engage the membership PTV are currently running a weekly contest on the forum based on a random draw of birthday months. For those who are winners they receive $40 into their withdraw account. The great thing is that you don’t have to have invested any money at PTV but you must have created an account. Sadly, many entrants are choosing to ignore the rules in how to enter which to me seems rather lazy but it does mean that the chances of a win increase for those who comply.
The programme has also recognised that at this time of year many programmes falter as members make sizeable withdrawals to cover Christmas expenses. The admin has stated that this will not be a problem as the programme does not depend on new deposits to survive.
I’ve already had two investments mature and the associated withdrawals went without a hitch. I have no hesitation in recommending this programme as it displays a high level of commitment and integrity.
For those who may be new to PTV Partner there are four investments:
- Introductory 10 days for 110%
- Advantage 20 days for 125%
- Leverage 30 days for 145%
- Prestige 40 days for 190%
Each plan returns the principle at the end and is included in the percentage return shown above.
They accept Liberty Reserve, StrictPay, Global Digital Pay and Perfect Money.
