Genius funds doubts
By shankes
@shankes (102)
India
December 31, 2009 4:33pm CST
today i had invested in genius funds 20$ emgf
but i am worried when i will get all those 20$ back ,anyone knows when can we get our invested money back and also what is reinvesting
2 responses
@SACHIN2708 (1634)
• India
31 Dec 09
I hope you will lose your money because genius funds is now scam site
@SACHIN2708 (1634)
• India
31 Dec 09
I am not trying to make you sad actually I read some responses where people were complianing about that site thatswhy I wrote
@tixepower (1195)
• Sweden
1 Jan 10
Yes, genius or not genius it's always risky but this one is paying for more than a year and it's a long term hyip so it's more safe than anywhere else.
I got my 20$ invested as well and I guess it gonna take a while and if I get it back it will be fun :) If not, oh well atleast we tried eh? ;)
@munyosz (110)
•
6 Jan 10
quick example (using your case):
invest $20 and reinvestment rate is 100% (which means you dont get cashouts until 150 days- though you can set it every week)
Investment Period: 150 days
If you sell your shares after 150 days your total profit including sale return will be $ 117.58. Which means you earn interest and after 150 days you sell your Shares for $20 - or if reivestment rate is on 100% all time then for$117.58
When you sell shares you just get your initial investment amount back. Good business for them eh?
Good Luck with investing.
@bryandairogarcia (265)
• Philippines
7 Jan 10
does it mean that if I only set 50% or 75% dividend share then I get a little somethin back without having to wait for the maturity date?
