What is Genius funds?
By vycess
@vycess (1588)
Saudi Arabia
5 responses
@de_toya (2429)
• Indonesia
28 Jan 10
Geniusfunds is a kind of HYIP (High Yield Investment Program). Don't think that all HYIP pay their member from the money that invested by a new member. Hyip pay their member by the money that invested by new member is called fonzi HYIP. This is not good HYIP and will not exist for a long time.
I think geniusfunds is not fonzi HYIP. They invest our money in real business. They have to kind investment: Emerging Market Growth Fund (EMGF) and World Bond Market Fund (WBMF). If you want to know more about geniusfunds, just visit their website. You may also check out at the HYIP forums.
I have joined Geniusfunds for 3 month. Now my investment at geniusfunds is 200$ and I receive profit every week about 11$ - 13$. I enjoy joining HYIP because I don't need to work hard to earn money. Have you read Robert T. Kiyosaki's book titled "Cash Flow Quadrant". Be free, be investor!
@munyosz (110)
•
28 Jan 10
to 'unnamedny':
They are a registered company in Cyprus.
They even have a Certificate of Corporation .
My thoughts:
1.Cyprus- off-shore- not a big country - Regulations and Laws are not so strict about ANY kind of companies- companies are set up so the owner has a really small responsibility of the business however has a huge span of control! -
Company successful- Great life, good for investors and company, further investments are planned
OR, a big OR
company goes bust- No-one can be blamed as the owner is 'hidden' there is not really an owner to the company, or if there is, He can Live right next to you (if you know what i mean)
2. Loose/Not strict Laws and Regulations- these companies don't usually pay taxes after trading (trading with ANYthing really...) and that is considered a Crime in most countries of the world HOWEVER Because the laws and regulations are not so strict Cyprus , you are not going to be punished by law, or if yes, it will be like a $5000 fine.
Those are my views.
NONE of the HYIPs are safe. True. I think they are! As long as you only invest what you can afford to loose! Golden Rule!
However I do not advise anyone to invest in HYIPs because:
- I KNOW that people will invest in those "143% daily and 200% weekly" programs, which are an obvious scam, Instead of investing in the 0.5% to 1.5% daily for X hundred days & 6-7% weekly for X hundred days which are actually investing in stocks or Proper FOREX!
Just to let you know: 76% time FOREX HYIPs will FAIL! In less than 6 months...
Try to trade with FOREX yourself to see why ;)
^These are my personal thoughts and you are not to rely on them. You should always do Your own Research.^
@Rtlsnk316 (1197)
• Mexico
8 Feb 10
Couldn't have said it better myself.
"Just risk what you can afford to loose" ... he who doesn't risk, doesn't win
@rsa101 (38166)
• Philippines
20 Feb 10
They seemed to look legit. I have been with them for several months and I would say they are doing good on my experience. I haven't withdrawn yet since I am on the holding period but I think by April this year my investment can be withdrawn already. What i did right now was keep on compounding the money so they earn bigger interest day by day. I am planning to start getting my initial investments once they start to mature this April. I have another in 180 holding period and will expire this August.
@mobina (15)
• India
28 Jan 10
Geniusfunds & nanomoneycorp are Trusted HYIP sites paying from almost 3 to 4 years.
I Invested $200 in Geniusfunds & $100 in nanomoneycorp. & i invested less amounts in other HYIP sites also. Recently Geniusfunds had Donated $50,000 for Haiti Earthquake, check this (msf.org). You can see proofs of donation in goldentalk forum, there is a Thread about geniusfunds, So This Prooves That Geniusfunds is in pure profits.
@champrocker (879)
• India
28 Jan 10
Genius Funds is a High Yield Investment Program [HYIP] . It means that you will have to invest money there to get some returns according to the daily or weekly interest rates. The plans are based on daily and weekly interest rates. The minimum amount to be invested in Genius Funds is $10 through Liberty Reserve and $50 through Alert pay. It does not have PayPal as Payment processor because PayPal does not accepts HYIP's . Well Genius Funds is the most trusted HYIP as of now and is running smoothly for last around 500 days. The plans are such that if you invest $10 , there will be a period of 150 days where you cannot cashout the principal amount but yu ca cashout the interest part . The site gives an option to reinvest the interest part which is called as the compounding . It can be set to any percentage from 0-100% . If you choose 100% compounding then you cannot cashout the interest part as well till the 150 days investment time. But yes you can change the compounding percentage anytime in between.
@xscout (31)
• Singapore
28 Jan 10
As far as i know genius funds together with nanomoneycorp have been given positive feedback by users. I've seen a review site giving it 701 very good rating, 3 good rating and only 1 or 2 bad or very bad. The bad rating is not because they are not paying but rather they have not receive replies from admin sometimes. Though i've not personally try it, i think that it is definitely worth a try if you have spare cash. Their min investment is only $10 so you can invest that to see if they pay you daily. Just remember to invest only what you can afford to lose. Hope that helps =)
