Is Genius Funds really a Scam
I am sure buy now you have seen a ad, banner, or passed there site by now. Well what do you think, they are plenty HYIP (High Yield Investment programs) out there on the net. How is this one any different than the other. Well lets talk about it and see what Genius Funds is all about.
First off the question, Is Genius Funds a Scam? Answer, I don't know yet, but I really don't thinks so.
First off I am a Ptc site man actually you can see my blog Legit Ptc if you want to see what I am talking about. I have never really been to interest in HYIP's to risky to me. So with that said when I read my first review about this Program I scanned the net to see if I were to hear anything bad about Genius Funds. From what I read it seems that this site has been around for sometime and they do pay there members. People claim that they have been paid several times by them and I have even seen payment proofs. In actually it doesn't look like this site is to risky at all! So I took a deep breath and sign-up I have only been a member since August 3, 2009 and everything seems OK. Genius Funds is an investment program with a solid track record!
How it Works!
There are 2 types of investment plans that you can choose at Genius Funds:
1. Emerging Markets Growth Fund EMGF 1.0% - 1.3%, Daily payments
2. World Bond Market Fund WBMF 6.4% - 7.9%, Weekly payments
3. Minimum investment: $10
4. Maximum investment: no maximum
5. Referral commission: 3% to 6%
6. Accepted Payment Processors: Liberty Reserve, AlertPay, Perfect Money, Solid TrustPay, Bank Transfer.
There is a bit more to GeniusFunds than the average risky HYIP. First there is a daily plan, this will pay between 1.0% and 1.3% daily. Then there is the weekly plan that will pay from 6.4% to 7.9% once per week. But lets start at the begining so tha everyone know how this works.
So after you register which is easy, once your GeniusFunds account is open, you can then deposit money into it. Time to start making your initial deposit, you can then decide what portion of your money you want to invest in either plan. Don't worry its not complicated:
-Liberty Reserve (min deposit = $10)
-Perfect Money (min deposit = $10)
-SolidTrustPay (min deposit = $50)
-AlertPay (min deposit = $50)
-Bank Transfer (min deposit = $500)
Once you have funded your account you need to decide how to invest your money, if you don't feel to comfortable start low. As mentioned there is a daily and a weekly paying program and basically what happens is that you are invited to buy Genius Funds "shares" in whatever program suits you. A share will cost you $1 regardless of which plan you go with. You can even divide your money depositing half in the daily plan and half in the weekly plan. When it comes to withdrawing your dividends, this gets paid directly to your choice of payment processor, and are only paid on business days (No weekends or holidays). The weekly plan pays out on Mondays. A couple of things you need to remember are that first of all compounding is available, (compounding is when you use your earnings made on your investment to reinvest right away). You will need to decide on that when buying your shares. Secondly you should be aware that while your principal will be returned, there is a lock-in period of from 150 to 180 days. And finally the minimum investment with LR is $20 but with STP it's $50.
How you make money from Genius Funds!
Daily payout (EMGF)
1.0% 1.4% 1.7%
If you invest $10 in common shares then your daily interest will be $0.10 (1.0% daily). The investment duration is 150 business days..after that you will get back 100% of intial investment.
Share class : Common shares
(1.0% daily Profit x Days of term) + 100% Principle amount
($0.10 x 150) + $10 = $25
Weekly Payout(WBMF)
6.0% 6.9% 8.5%
For $10 investment in common share in weekly plan your weekly profit will be $0.60. This investment term is for 180 days(approx 25 weeks).
Share class : Common shares
(6.0% weekly Profit x No of weeks) + 100% Principle amount
($0.60 x 25) + $10 = $25
Monthly Payout(Genius CD account)
Genius CD account is a fixed interest deposit account. The term of deposit is three months. The interest rate is 6% per month and is payable on maturity. At the end of the deposit term the investment together with accrued interest will be credited to your account and will immediately become available for withdrawal. That means you will get back your money with interest after the term expires. Min Deposit is $10.
I am sure buy now you have seen a ad, banner, or passed there site by now. Well what do you think, they are plenty HYIP (High Yield Investment programs) out there on the net. How is this one any different than the other. Well lets talk about it and see what Genius Funds is all about.
First off the question, Is Genius Funds a Scam? Answer, I don't know yet, but I really don't thinks so.
First off I am a Ptc site man actually you can see my blog Legit Ptc if you want to see what I am talking about. I have never really been to interest in HYIP's to risky to me. So with that said when I read my first review about this Program I scanned the net to see if I were to hear anything bad about Genius Funds. From what I read it seems that this site has been around for sometime and they do pay there members. People claim that they have been paid several times by them and I have even seen payment proofs. In actually it doesn't look like this site is to risky at all! So I took a deep breath and sign-up I have only been a member since August 3, 2009 and everything seems OK. Genius Funds is an investment program with a solid track record!
How it Works!
There are 2 types of investment plans that you can choose at Genius Funds:
1. Emerging Markets Growth Fund EMGF 1.0% - 1.3%, Daily payments
2. World Bond Market Fund WBMF 6.4% - 7.9%, Weekly payments
3. Minimum investment: $10
4. Maximum investment: no maximum
5. Referral commission: 3% to 6%
6. Accepted Payment Processors: Liberty Reserve, AlertPay, Perfect Money, Solid TrustPay, Bank Transfer.
There is a bit more to GeniusFunds than the average risky HYIP. First there is a daily plan, this will pay between 1.0% and 1.3% daily. Then there is the weekly plan that will pay from 6.4% to 7.9% once per week. But lets start at the begining so tha everyone know how this works.
So after you register which is easy, once your GeniusFunds account is open, you can then deposit money into it. Time to start making your initial deposit, you can then decide what portion of your money you want to invest in either plan. Don't worry its not complicated:
-Liberty Reserve (min deposit = $10)
-Perfect Money (min deposit = $10)
-SolidTrustPay (min deposit = $50)
-AlertPay (min deposit = $50)
-Bank Transfer (min deposit = $500)
Once you have funded your account you need to decide how to invest your money, if you don't feel to comfortable start low. As mentioned there is a daily and a weekly paying program and basically what happens is that you are invited to buy Genius Funds "shares" in whatever program suits you. A share will cost you $1 regardless of which plan you go with. You can even divide your money depositing half in the daily plan and half in the weekly plan. When it comes to withdrawing your dividends, this gets paid directly to your choice of payment processor, and are only paid on business days (No weekends or holidays). The weekly plan pays out on Mondays. A couple of things you need to remember are that first of all compounding is available, (compounding is when you use your earnings made on your investment to reinvest right away). You will need to decide on that when buying your shares. Secondly you should be aware that while your principal will be returned, there is a lock-in period of from 150 to 180 days. And finally the minimum investment with LR is $20 but with STP it's $50.
How you make money from Genius Funds!
Daily payout (EMGF)
1.0% 1.4% 1.7%
If you invest $10 in common shares then your daily interest will be $0.10 (1.0% daily). The investment duration is 150 business days..after that you will get back 100% of intial investment.
Share class : Common shares
(1.0% daily Profit x Days of term) + 100% Principle amount
($0.10 x 150) + $10 = $25
Weekly Payout(WBMF)
6.0% 6.9% 8.5%
For $10 investment in common share in weekly plan your weekly profit will be $0.60. This investment term is for 180 days(approx 25 weeks).
Share class : Common shares
(6.0% weekly Profit x No of weeks) + 100% Principle amount
($0.60 x 25) + $10 = $25
Monthly Payout(Genius CD account)
Genius CD account is a fixed interest deposit account. The term of deposit is three months. The interest rate is 6% per month and is payable on maturity. At the end of the deposit term the investment together with accrued interest will be credited to your account and will immediately become available for withdrawal. That means you will get back your money with interest after the term expires. Min Deposit is $10.
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