genius fund

India
February 8, 2010 1:34pm CST
hi,everybody can anybody tell me what is the meaning of 1.0%-1.9% in EMGF for genius fund? is it per day interest or monthly interest?
1 person likes this
5 responses
@Rtlsnk316 (1197)
• Mexico
8 Feb 10
Hi there jeckmint1, Those interests are paid daily on working days, meaning Monday to Friday. I'm a member of genius Funds currently and it's working just fine. PM me, I can give you all the info you may need. Regards.
@zearah (5381)
• Philippines
8 Feb 10
My friend and I choose for "compounding interest"[b][/b] I am excited for the end point balance though it is still far but weekly Genius Funds sending a report for an interest dividend.
@bnx2212 (712)
• Philippines
8 Feb 10
How old is GeniusFund? I want to invest there too.
@Rtlsnk316 (1197)
• Mexico
8 Feb 10
Genius Funds has been around for a couple of years already. I'm getting paid a fairly good amount, but that's because I'm sticking with the "rules" of HYIP investing. I'll be happy to answer any questions you may have regarding Genius Funds and investments of this type in general. Regards.
• United States
22 Feb 10
i have no idea really. so sorry if i am not help. but i have been wondering about that same thing aswell.
@rsa101 (37969)
• Philippines
20 Feb 10
Yes that is true they pay daily but they pay only Tuesdays to Saturday only and they do not pay when there is Holiday in Cyprus, which, I think is the place where they operate. I have been there for months now and so far they are doing good and I have already accumulated some amount already. BTW, they are holding you investment for certain period of time. So when you invest like $10 they would hold that for 150 days or so, meaning you cannot withdraw the investment at that time. But, you can only withdraw the interest if you did not set it to compounding. BTW, they also offer 25, 75 and 100% compounding meaning you can have your account grow and slowly and get a portion of your interest to withdrawable. The minimum withdrawal is at $10. It is rather slow but I think their scheme is rather realistic compared to others that offers high interest but in the long run they flop.
• India
9 Feb 10
Hi jeckmint1, 1% interest means interst per day. Everyday you are eligible your interest, not principal amount, that is your deposit. If you are depositing $10, after 24 hours, that is, one full day, you will get 10 cents. Then in one month you will get 30x10 = $3. Genius funds is a legitimate site so far. I am a member and withdrawing interest every day. Liberty Reserve, Alertpay, Perfect Money etc are the processors, no paypal.
• India
8 Feb 10
I haven't heard this kind of fund before.So I can't tell you the details.I think you should ask the question to the administration of the team.They can help you.......